Traduction de «manage retirement funds » (Anglais → Français) :

I hope that members can see the advantage of doing that. People would feel much more comfortable knowing that they can have those retirement funds managed by the Canada Pension Plan Investment Board, by people who have real expertise and great knowledge of the investment world, which is a mysterious place for many people.

Rules on clearing OTC derivative contracts, reporting on derivative transactions and risk-mitigation techniques for OTC derivative contracts not cleared by a CCP should apply to financial counterparties, namely investment firms as authorised in accordance with Directive 2004/39/EC, credit institutions as authorised in accordance with Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions , insurance undertakings as authorised in accordance with First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, Regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance ...[+++]other than life insurance , assurance undertakings as authorised in accordance with Directive 2002/83/EC of the European Parliament and of the Council of 5 November 2002 concerning life assurance , reinsurance undertakings as authorised in accordance with Directive 2005/68/EC of the European Parliament and of the Council of 16 November 2005 on reinsurance , undertakings for collective investments in transferable securities (UCITS) and, where relevant, their management companies, as authorised in accordance with Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) , institutions for occupational retirement provision as defined in Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision and alternative investment funds managed by alternative investment fund managers (AIFM) as authorised or registered in accordance with Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers

An external AIFM should not be prevented from also providing the service of management of portfolios of investments with mandates given by investors on a discretionary, client-by-client basis, including portfolios owned by pension funds and institutions for occupational retirement provision which are covered by Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement prov ...[+++]ision , or from providing the non-core services of investment advice, safe-keeping and administration in relation to units of collective investment undertakings and reception and transmission of orders.

It is also imperative that the retirement funds of Canadians be managed to the highest professional standards and at arm's length from governments, with experienced managers making investment decisions.

Recently, Thomas Gunn of the Ontario Municipal Employees' Retirement Fund, which manages $35 million on behalf of municipal employees, police officers and firefighters in Ontario, said in the Financial Post that foreign investment limits have actually encouraged foreign ownership of Canadian companies rather than the opposite.

The purpose of this Quebec act, passed following broad public consultation at the end of the 1980s, was to protect all active and retired participants by giving them direct and democratic rights and powers pertaining to the administration, management and supervision of the investments of their retirement fund, which is their legitimate heritage, that they accumulated with difficulty over the years.