Ontario Teachers' Pension Plan plans to vote in favor of the slate of directors put forth by activist investor Bill Ackman in his bid to change the leadership of Canadian Pacific Railway.
The lawsuit says current and former executives and board members breached their fiduciary duty in their handling of allegations involving a Mexican subsidiary.
Despite market volatility during the European debt crisis, The Ontario Teachers’ Pension Plan was able to produce a rate of return of 11.2%, pushing net assets to an all-time high of $117.1-billion in 2011
G&K Services, Inc. (NASDAQ: GKSR) announced today that, in connection with renewing a collective bargaining agreement, the company completed the previously disclosed actions to discontinue its participation in the Central States Pension Plan (the...
The OMERS pension plan, which manages pensions for Ontario municipal employees, says its funding deficit grew by nearly $3 billion last year as its workforce ages and retires.
Ford Motor Co is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the second-largest U.S. automaker moves more aggressively to minimize its pension risks in a shaky market.