N.S. Pension Services Corp. appoints new CIO
The Nova Scotia Pension Services Corp. is appointing Steve Mahoney as its new chief investment officer, effective April 1, 2022. He’s taking over the CIO…
Latest news in Other
Responsible Investment Association appoints new CEO
The Responsible Investment Association is appointing Patricia Fletcher as its incoming chief executive officer, effective Feb. 7, 2022. Prior to the new role, Fletcher was…
- By: Staff
- January 20, 2022 January 19, 2022
- 09:00
PIAC appoints Sean Hewitt, Graeme Hay as new officers for 2022
The Pension Investment Association is appointing a new chair, vice-chair and secretary-treasurer for 2022. Sean Hewitt, chief executive officer of the Toronto Transit Commission Pension…
- By: Staff
- January 14, 2022 January 14, 2022
- 09:00
Canadians still not knowledgeable about RRSPs, TFSAs: survey
While Canadians are prioritizing saving as they continue to navigate the challenges of the global coronavirus pandemic amid expectations of rising inflation in the coming…
- By: Staff
- January 12, 2022 January 11, 2022
- 15:00
Risks of cybersecurity breaches top of mind for pension funds
Years before his late-career rebirth as nemesis to former U.S. President Donald Trump, Robert Muller coined a phrase that went down in history among cybersecurity…
- By: Michael McKiernan
- December 17, 2021 December 16, 2021
- 08:56
44% of U.S. pension plan sponsors set to review, renegotiate fees: survey
Nearly half (44 per cent) of pension plan sponsors in the U.S. said they intend to review and/or renegotiate their plan’s management fees over the…
- By: Staff
- December 1, 2021 December 1, 2021
- 09:00
BCI updates code of ethics, personal conduct to address DEI-related issues
The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around…
- By: Staff
- November 23, 2021 November 22, 2021
- 10:00
T. Rowe Price buys Oak Hill Advisors, Franklin Templeton buys Lexington Partners
T. Rowe Price Group Inc. is buying Oak Hill Advisors for up to about US$4.2 billion with $3.3 billion payable at closing. The global investment management…
- By: Staff
- November 2, 2021 November 2, 2021
- 14:00
How can pension plan sponsors help women hit their retirement readiness stride?
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees…
- By: Melissa Dunne
- September 17, 2021 September 16, 2021
- 08:54
Improving business outcomes top priority for investment organizations focusing on DEI: survey
A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent…
- By: Staff
- September 16, 2021 September 15, 2021
- 12:00
Trusteed pension funds’ assets valued at $2.1T in Q1: StatsCan
The market value of assets held by Canadian trusteed pension funds totalled $2.1 trillion at the end of the first quarter, according to new data…
- By: Staff
- September 16, 2021 September 16, 2021
- 09:32
AIMCo, Alberta Teachers’ sign investment management agreement
The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The…
- By: Staff
- September 9, 2021 September 9, 2021
- 09:30
Phishing and ransomware risks on the rise for pension funds, says expert
Phishing and ransomware attacks are among the top threats to pension plan sponsors and institutional investors by cyber criminals, according to Jennifer Williams, director of…
- By: Gideon Scanlon
- September 2, 2021 September 2, 2021
- 13:30
IMCO appointing Rossitsa Stoyanova as CIO
The Investment Management Corp. of Ontario is naming Rossitsa Stoyanova as its next chief investment officer. The announcement comes just weeks before the organization’s current…
- By: Staff
- August 12, 2021 August 12, 2021
- 12:00
FSRA issuing guidance on pension plan administrator responsibilities
The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…
- By: Staff
- July 30, 2021 July 29, 2021
- 09:00
UPP selects CIBC Mellon for investment operations, pension plan member services
The University Pension Plan has selected CIBC Mellon to provide asset servicing, investment operations and plan member services, including custody, institutional accounting, performance and analytics, risk,…
- By: Staff
- July 27, 2021 July 26, 2021
- 09:00
Aon, Willis Towers Watson call off proposed merger
Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…
- By: Staff
- July 26, 2021 July 26, 2021
- 12:00
CFA’s ESG standards could facilitate greenwashing, warns IFIC
The Chartered Financial Analyst Institute’s draft voluntary environmental, social and governance disclosure standards are vulnerable to greenwashing, warns the Investment Funds Institute of Canada. In…
- By: Gideon Scanlon
- July 20, 2021 July 20, 2021
- 11:00
BCI names Ramy Rayes interim EVP, investment strategy and risk
The British Columbia Investment Management Corp. is appointing Ramy Rayes as acting executive vice-president of investment strategy and risk. Rayes, who joined the BCI in…
- By: Staff
- July 19, 2021 July 20, 2021
- 15:00
Millennials, gen-Xers hit hardest financially during pandemic: survey
The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25…
- By: Staff
- June 24, 2021 June 24, 2021
- 09:00
Financial market regulators highlighting focus on DC investment fees
Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…
- By: Staff
- June 15, 2021 June 14, 2021
- 15:00
Desjardins Group to acquire Montreal-based Hexavest
The Desjardins Group is set to acquire Montreal-based investment firm Hexavest Inc. The deal is expected to close on Sept. 1, 2021, subject to certain…
- By: Staff
- May 31, 2021 June 1, 2021
- 15:15
Pension sponsors have fiduciary responsibility to consider climate change: webinar
Canada’s pension plan sponsors have a fiduciary responsibility to consider climate change in their financial decisions, according to Randy Bauslaugh, counsel for pensions and benefits…
- By: Blake Wolfe
- May 28, 2021 May 27, 2021
- 09:10
Manulife Financial linking executive team goals to climate action
Manulife Financial Corp. is linking its executive team goals to the company’s climate action plan, including committing to a net-zero focus by reducing emissions operationally, adopting sustainable…
- By: Staff
- May 11, 2021 May 11, 2021
- 15:00
Caisse, UPP employees receiving recognition for net-zero contributions
Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named…
- By: Staff
- May 7, 2021 May 7, 2021
- 15:00