The Pension Administration Office will be closed for the holidays from December 24, 2022 to January 2, 2023 inclusive. Our office will reopen on Tuesday, January 3, 2023. If you have an urgent pension inquiry during the holiday closure, please leave a message at 604-827-3286. These messages will be monitored over the holiday period. The […]
At the start of the third quarter, there was widespread optimism that inflation had peaked and that slowing economic activity would allow monetary policymakers to limit further tightening and perhaps pivot toward lower interest rates sooner than expected. This sparked a rally across asset classes into late August, at which point U.S. Federal Reserve Chair […]
The UBC Faculty Pension Plan Board of Trustees regularly monitors the performance and asset mix of the investment options. They make changes as appropriate. Members are encouraged to stay up to date about investment changes, as they may affect the investment options that you are invested in. The latest investment news and updates can be […]
Financial markets remained turbulent throughout the second quarter of 2022, as inflationary pressures (the highest in 40 years) and the prospect for more aggressive interest rate hikes continued to weigh on investor sentiment. Monetary policymakers aggressively stepped up their tightening measures in an attempt to prevent inflation (thought of as “transitory” just six months earlier) […]
The June 2022 issue of the UBC Faculty Pension Plan Update newsletter is now available online. In this issue: UBC FPP Balanced and Bond Fund Changes Underway Evaluation of Investment Options and Managers in the UBC FPP Market Commentary Q1/2022 Upcoming Retirement Income Options Seminars Retirement Income Options within the FPP Staff Announcement: Executive Director, Pensions […]
As reported in the last FPP Update newsletter and in the Plan’s 2021 Annual Report, changes are being made to the strategic asset mix for the UBC FPP Balanced Fund to increase real assets (i.e. real estate and infrastructure). The new asset mix provides a slight reduction in the overall risk level while increasing the […]
The UBC Faculty Pension Plan (FPP) Board of Trustees regularly monitors and oversees the Plan’s seven investment options. Part of this oversight includes conducting reviews and making changes to the investment options when appropriate. Learn how the Trustees review investment strategies and managers in the new investment education article, Evaluation of Investment Options and Managers […]
As we enter the third year of the pandemic and with recent world events, the global markets continue to be affected. Read the Market Commentary for a summary of how the investment markets have responded.