Review on Canada Pension Plan Investment Board by Temitope Olowookere
Distinctive factor of Canada pension plan investment board
It is expedient that every individual have something to fall back on after spending several years of his or her life working on one job or the other. This brings about Pension plan.
Pension plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a worker's future benefit.
Nevertheless, Canadan Pension Plan Investment board is one of the world's largest investors in private equity, public equity, real estate, fixed income instruments, having invested over US$28.1 billion between 2010 and 2014.
Fast forward to 2021, March 31, over $497 Billion worth of asset was been managed by the CPP Investment Board on behalf of 20 million Canadians.
Thus, Investing at the best interest of Canada Pension Plan contributors and maximizing maximum rate of investment without inordinate risk of loss remains their mandate.
Pros
- Invest in private and public equities.
- Risk management is of utmost concern.
- A secured future after retirement.
Cons
- operation network is limited.
