Tension between pension adequacy and sustainability is growing across the world, according to the annual Melbourne Mercer Global Pension Index. The Netherlands and Denmark have the best global pension systems, with scores of 80.3 and 80.2, respectively, and both achieving A grades. They scored highly on adequacy and sustainability, while other European countries, such as Austria, […]
The Canada Pension Plan Investment Board is emphasizing the issue of gender composition on investee companies’ boards in its latest sustainable investing report. With this fifth area of focus joining climate change, water, human rights and executive compensation, the CPPIB is aiming to address the issues of gender diversity in relation to long-term investment. In 2017, the pension fund voted on measures at 45 […]
Plan sponsors and administrators walk a razor’s edge, striving to ensure members have access to the services they need while also making certain the plan is financially sustainable. Working collaboratively with health-care providers is a critical step, but these partnerships have often proved elusive, delegates heard at the 2018 Halifax Benefits Summit. “There is a disconnect. We […]
A growing number of institutional investors believe integrating environmental, social and governance factors into their portfolios can help generate alpha, according to a new survey by RBC Global Asset Management Inc. This represents a major jump, from 24 per cent in last year’s survey to 38 per cent this year. On the other hand, 20 per […]
A group of financial institutions, including the OPSEU Pension Trust, is launching a climate-focused pilot project that will map potential future climate impacts on investment performance. The project aims to integrate quantified risks associated with climate change into standard, forward-looking financial scenarios that drive strategic investment decision-making, according to a press release. The investors involved will use […]
While investing sustainably is still a relatively minor factor in institutional investment decisions, global investors expect it to continue to grow in importance, according to new research by Schroders. “Investors clearly recognize that investing sustainably is going to be more and more important going forward, but this approach is yet to sit at the heart of their […]
The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global Risk Institute in Financial Services created in October 2017, is a Canadian centre for pension knowledge and research. One research project, which will be led by Stephen Bonnar, a post-doctoral fellow, and Douglas […]
The OPSEU Pension Trust is setting out a climate change action plan, including eight areas of focus that aim to make the pension fund more resilient and agile in taking on the problem. “Climate change is one of the most significant challenges facing us today,” said Hugh O’Reilly, president and chief executive officer of OPTrust, in a […]
Whether the aim is to reduce material risk, align pension investments with the organization’s overall philosophies or address a moral imperative, no pension fund wants to go through the trouble of diving in only to find its assets aren’t as green as it thought. With no standardized metric in existence, the word “green” could have […]
Since the British Columbia Investment Management Corp. is the fourth largest pension fund manager in Canada, it’s important to consider whether it’s investing its resources in a way that aligns with the country’s commitment to the Paris Agreement, according to a new report by the Canadian Centre for Policy Alternatives. BCI isn’t investing with the goals […]