CIBC Mellon provides asset servicing to TTC Pension Plan
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CIBC Mellon provides asset servicing to TTC Pension Plan 20 November 2025Canada Reporter: Tahlia Kraefft
Image: WilliamW. Potter/stock.adobe.com
CIBC Mellon has announced it will continue to support the Toronto Transit Commission Pension Plan (TTCPP) through asset servicing solutions — including custody, accounting, capital call management, and securities lending — designed to meet evolving operational and reporting needs.
The TTC Pension Plan is a defined benefit plan built specifically for TTC and Amalgamated Transit Union (ATU) 113 members, offering secure, predictable retirement income for life.
Cynthia Shaw-Pereira, vice president, head of asset owner segment, CIBC Mellon, notes: “Canadian pension plans are transforming the way they operate and seeking new ways to use data and technology to drive stronger governance and member outcomes.
"Our focus is on helping asset owners evolve with confidence through secure, scalable solutions and dedicated client service. We are proud to work with TTCPP as they continue to strengthen their operational resiliency and enhance their members' retirement experience."
James Clarkson, chief financial officer and treasurer, TTC Pension Plan, adds: "At TTCPP, our priority is to deliver long-term financial security for our members through sound governance, prudent investment, and reliable service."
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Image: WilliamW. Potter/stock.adobe.com 