Infrastructure investments are an asset class that can provide additional investment options for both insurance companies and pension plans. To learn more about these investments, we are joined by Caroline Grandoit, ACIA, FSA, who will outline the characteristics of these assets, their risk-return profile, how they can be used by actuaries, and what impact the current pandemic could potentially...
Canada’s actuaries support a standard and open framework for disclosure of ESG risks
Ottawa, November 30, 2020 – The Canadian Institute of Actuaries (CIA) supports Canada’s eight largest pension funds in their call for companies to undertake consistent and improved disclosure of environmental, social, and governance (ESG) factors according to the Sustainability Accounting Standards Board and the Task Force on Climate-related Financial Disclosures. Improved ESG disclosure will...
The impact of longevity annuity provision on Canadian retirement income planning
Longevity annuities can be a useful tool in retirement planning. In line with this, the 2019 federal budget allowed for the purchase of advanced life deferred annuities (ALDAs). A recently completed CIA research paper takes a closer look at longevity annuities and how they fit in with Canada’s tax rules and retirement system. In this episode, we speak to Rui Zhou, ACIA, one of the paper’s authors...
Changes to commuted value standards
On December 1, 2020, the rules governing the calculation of pension commuted values will change. Gavin Benjamin, FCIA, joins us to discuss the upcoming changes, the reasons behind the revised rules, and how they could affect pension plan members. Read the revised standards A French version of this episode is also available. Chris: Welcome to a special edition of Seeing Beyond Risk from the...