Sustainable investment is an expending sector of the mainstream financial market, yet there are few studies evaluating the trends, opportunities, impacts and knowledge gaps as they relate to Canadian investors. Understanding the environmental, social, and governance (ESG) issues related to business operations and investment are critical to understanding trends that are driving this shift towards […]

Private pension plan sponsors wishing to manage their longevity risk transfer it to insurers through annuity contracts or bespoke longevity swap arrangements. They increasingly rely on such contracts to reduce their risk exposure. For example, annuity purchase activity from Canadian private pension plans expanded from $1 billion in 2012 to almost $2.7 billion in 2016 […]

We are all well aware of the spectacular improvement in life-expectancy around the world since the 1990’s. While most people would agree that living longer is a good thing, it nonetheless increases the risk of having people outlive their assets so that they become forced to accept lower standards of living in old age. People […]