Authored By: Kate Woolerton & Rob Schuwerk | Date: May 10, 2019
A recent report estimated potential climate-related financial losses to the energy sector alone of between $1 trillion to $4 trillion. Climate-related risks are clearly material to the upstream oil and gas sector, and warrant disclosure.Read More
Published By: Invesco | May 10, 2019
Aligning your investments with your organizational needs truly takes a holistic approach.
Authored By: Simon Laxon | Date: March 21, 2019
On March 19, 2019, Liberal Finance Minister Bill Morneau tabled the Liberal government’s fourth budget and the last one before the next federal election. Below are some of the items of interest to employers, sponsors and administrators of pension and benefit plans.Read More
Authored By: Sonia T. Mak | Date: March 11, 2019
CAPSA, the association of pension regulators across Canada, has issued a new guideline on searching for un-locatable members and updated its guideline on defined contribution pension plans in February. The guideline on un-locatable members is relevant to all types of pension plans while the guideline on DC pension plan is relevant only to a pension plan which has a DC component.Read More
Published By: Published by HSBC Global Asset Management | March 10, 2019
Scenario analysis is a powerful way to explore policy and technology uncertainties within the low-carbon transition, which can present key sources of risk for investors. The six scenarios explored in this paper translate emissions reduction requirements into economic signals that affect financial sectors and the wider economy.
Authored By: Joe Hornyak | Date: March 7, 2019
The markets are in the early stages of a new sector paradigm where they will be adapting to a new set of rules, says David Rosenberg, chief economist and strategist at Gluskin Sheff + Associates, However, most market participants are still playing by the old rulesRead More
Published By: | March 4, 2019
While no one disputes the value of these life-changing drugs, which use living cells to treat serious conditions, their cost relative to traditional, chemical drugs has been a challenge from day one. Seven out of the 10 topselling drugs in Canada are biologics, used to treat less than two percent of the population.
Published By: | February 7, 2019
In Part One of a new series titled Manage Complexity, Deliver Clarity, François Hélou, CFA, Director, Head of Balance Sheet Solutions Sales at BMO Global Asset Management, shares his expertise on Liability Driven Investing (LDI). He explains how adopting a risk-management approach to investments both enhances the long-term sustainability of Canadian Defined Benefit pension plans (“DB plans”) and mitigates the impact that declining long-term nominal rates and equity market volatility have on their funding.
Published By: | January 30, 2019
Few would argue that stress can be the enemy of productivity in the workplace—yet we may underestimate the impact of ﬁnancial stress. “There is something to be said about the impact of ﬁnancial wellness on productivity, which ultimately affects proﬁtability.
Published By: | January 24, 2019
A funded ratio shows how a plan’s assets compare to the actuarial assessment of the value of the liabilities. In short, it is the “value of assets” to the “actuarial value of liabilities”. Actuaries generally measure the liabilities in two ways, ‘going concern’ and ‘solvency’. We have focused on going concern as it is the measure most applicable to our plans.