A new report by the C.D. Howe Institute is recommending the federal government amend legislation to allow Canadians to buy life annuities within a tax-free savings account.…
The Canada Life Assurance Co. is eliminating plastic drug plan cards, with an aim to move to a completely digital experience for group plan members…
Sun Life Financial Inc. says it has committed about $1.05 billion for a deal that will give it majority ownership of London-based InfraRed Capital Partners,…
The Nasdaq is launching a publicly available, web-based sustainable bond network. Bond issuers will be able to use the platform to voluntarily publish data and…
Sweden’s central bank has ended a five-year experiment of keeping its benchmark interest rate below zero, a policy that other countries have also adopted to…
The Canada Pension Plan Investment Board is committing US$225 million to the India Resurgence Fund platform, through its wholly owned subsidiary CPPIB Credit Investments Inc. The IndiaRF is…
Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out…
In 2009, the Air Canada pension plan was in dire straits with a $2.6 billion solvency deficit. A decade later, it has a surplus of…
Canadian insurance and risk management brokerage Navacord Corp. is acquiring Concord, Ont.-based SmartChoice Benefits Inc. The acquisition will allow Navacord to enter the third-party administration space, noted a press…
Manitoba Premier Brian Pallister is calling for a merger of management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds themselves…
Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic…
The beginning of a new year is a great time for employers to reflect on their benefits plans and take steps to get in ahead of potential challenges.…
Manitoba Premier Brian Pallister is calling for a merger of the management services for the province’s public-sector pensions. Pallister says he’s not suggesting the funds…
The union representing 33 employees of the Northumberland County social services department says the county is attempting to weaken employees’ short-term disability leave and remove…
Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement,…
Employees at Eacom Timber Corp. have a new six-year collective agreement, which includes improvements to the pension and benefits plan. The lumber operation employs 160…
The B.C. agency responsible for managing public-sector pension plan investments is constitutionally immune from remitting goods-and-services taxes related to those portfolios, the Supreme Court of…
A majority (59 per cent) of global institutional investors said they’re dissatisfied with publicly traded companies’ climate-related disclosures, according to a new survey by the…
More investors responsible for allocating capital to investment management firms (nine per cent) would still consider investing, or invest, with a money manager discovered to…
The federal government is giving the Prince Edward Island Human Rights Commission and the Community Legal Information Association of PEI $1.7 million over five years for a…
The majority (70 per cent) of U.S. employees said their top financial concern is saving enough money for retirement, according to a new survey by…
Heading into 2020, institutional investors are eyeing the disconnect between gloomy macroeconomic indicators and strong equity market performance. Leading indications in both North American and European…
While an outsourced chief investment officer model may be the right option for a pension plan under particular circumstances, circumstances can change. Wawanesa Mutual Insurance…
Japanification is a term describing the spread of low growth and low inflation around the world. Speaking at the Canadian Investment Review’s 2019 Defined Benefit…
Investing in residential real estate can offer benefits to pension plan sponsors, but it’s not an asset class that’s easy to access. However, a new…