Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 249 results for "Pension Plan"

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
The US House of Representatives has passed the Protecting Prudent Investment of Retirement Savings Act, limiting certain pension funds from considering environmental, social and governance factors in their investment decision making. The House voted ...

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
... assets that are shares of corporate stock includes the voting of proxies" and that proxy voting determinations by pension plan managers are fiduciary acts that must be made for "the exclusive benefit of plan participants," Daly said in a speech. "However ...

CPP Investments, Goodman Group partner in $14bn data centre deal

RIDDHIMA TALWANI  |  TUESDAY, 23 DEC 2025
Canada Pension Plan Investment Board (CPP Investments) and Goodman Group have entered a partnership to establish $14 billion worth of data centres across Europe. The 50/50 partnership will see an initial total capital commitment of $3.9 billion to develop ...

Ontario Teachers' sells majority stake in Sydney desalination plant

ANGELIQUE MINAS  |  TUESDAY, 9 DEC 2025
Ontario Teachers' Pension Plan (OTPP) has sold its 60% stake in the Sydney Desalination Plant (SDP) to Utilities Trust of Australia (UTA). The asset has been co-owned by the two firms since 2012, with UTA previously owning 40% of SDP and acquiring ...

FNZ raises fresh capital for growth plans

RIDDHIMA TALWANI  |  THURSDAY, 13 NOV 2025
... The investment comes from sophisticated investors, including La Caisse, Generation Investment Management, Canada Pension Plan Investment Board and Motive Partners, and will be joined by some of FNZ's most prominent clients, including Aberdeen Group PLC ...

Canadian pension giant sued over alleged climate failures

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
Four young Canadians are suing the Canada Pension Plan Investment Board, claiming the fund breached its duty to invest in their interests by failing to protect their retirement savings from climate risk. The plaintiffs, Aliya Hirji, Travis Olson, Rav ...

Macquarie sells data centres in landmark deal

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... Macquarie increased its ownership of London City Airport, taking a further 50% stake off the hands of Ontario Teachers' Pension Plan. The deal was done via the Macquarie European Infrastructure Fund 7 and brings Macquarie's ownership of the airport to ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... Public Sector Pension Investment Board (PSP Investments) sold all their stakes in AirTrunk to Blackstone and Canada Pension Plan Investment Board (CPP Investments) in a deal worth over $24 billion. ART also sold its minority stake in the deal. "We were ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
More than 200 actors have signed an open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
Asset managers continue to face existential challenges amid the rise of passive funds, fee compression and difficulty in generating alpha, a new report from Citi shows, forcing them to rethink their business models and value propositions in the future. ...