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Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00
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University pension plans engaging investees on climate change risks

A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks. The initiative will…

  • By: Staff
  • February 19, 2021 February 19, 2021
  • 09:00
Canadian companies must adopt transparent, consistent climate-risk reporting: report

Canadian companies must adopt transparent, consistent climate-risk reporting: report

Institutional investors, regulators and financial standard organizations are calling on Canadian corporations to adopt transparent climate-risk reporting, according to a new report from the C.D.…

  • By: Staff
  • February 4, 2021 March 26, 2021
  • 15:00

IIROC nominates three candidates for independent director positions

The Investment Industry Regulatory Organization of Canada is nominating three candidates for upcoming independent director positions on its board. The nominees — Malcolm Heins, Jennifer Newman and Laura…

  • December 10, 2020 January 23, 2021
  • 19:14

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective June…

  • December 10, 2020 March 11, 2021
  • 19:13

Charles Emond, Jean Raby to co-chair Investor Leadership Network’s CEO council

The Investor Leadership Network is appointing Charles Emond, president and chief executive officer of the Caisse de dépôt et placement du Québec, and Jean Raby, CEO of Natixis…

  • December 10, 2020 January 22, 2021
  • 19:10
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Caisse leveraging technology for investment, risk management

The Caisse de dépôt et placement du Québec is introducing a new structure to maximize its impact in technology. The integrated approach aims to leverage technology for…

  • December 10, 2020 January 22, 2021
  • 19:09

Mark Wiseman appointed board chair of AIMCo

The Alberta Investment Management Corp. is appointing Mark Wiseman as a board director and the chair of its board of directors, effective July 1, 2020. Wiseman will…

  • December 10, 2020 January 22, 2021
  • 19:08

Blair Richards moves to CIO of Halifax Port ILA/HEA pension plan

The Halifax Port ILA/HEA pension plan has appointed Blair Richards as its chief investment officer. After more than 20 years as chief executive officer, he…

  • December 10, 2020 January 22, 2021
  • 19:02

Mark Carney to head ESG, impact investing at Brookfield

Brookfield Asset Management Inc. is appointing Mark Carney as vice-chair and head of environmental, social and governance and impact fund investing. Carney is currently the United Nations’ special envoy…

  • December 10, 2020 January 22, 2021
  • 18:49
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Aon promoting Federico Cervantes, Erwan Pirou to global partners

Aon is promoting Federico Cervantes and Erwan Pirou to global partners of the firm. Cervantes joined Aon in 2018 as associate partner and head of investment…

  • December 10, 2020 January 18, 2021
  • 18:49

CPPIB appoints first chief investment officer

The Canada Pension Plan Investment Board is appointing Edwin Cass as its first-ever chief investment officer. In the new role, he’ll be responsible for total…

  • December 10, 2020 January 22, 2021
  • 18:48

Proteus promoting three to senior investment consultant roles

Proteus is promoting Teimaz Binesh, Lewis Powell and Michael Scott to senior investment consultants. In their new roles, they’ll continue to provide investment consulting and governance…

  • December 10, 2020 January 18, 2021
  • 18:46

IMCO appointing new chief operating officer

The Investment Management Corp. of Ontario is naming Tony Algar as its new chief operating officer, effective Sept. 28. Algar joins the IMCO from the…

  • December 10, 2020 January 6, 2021
  • 01:43

Sun Life CEO Dean Connor is retiring and Kevin Strain is taking over in August 2021

Dean Connor, Sun Life Financial Inc.’s president and chief executive officer, is retiring, effective Aug. 6, 2021. Kevin Strain will take over as president and…

  • December 10, 2020 January 4, 2021
  • 01:24
Four trends in group retirement, investment programs

Four trends in group retirement, investment programs

The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings.…

  • September 22, 2020 November 26, 2020
  • 08:45

How can organizations make meaningful improvements to diversity and inclusion?

In 2019, International Women’s Day was a significant event at the Colleges of Applied Arts and Technology pension plan because it prompted the launch of…

  • By: Yaelle Gang
  • September 18, 2020 December 6, 2020
  • 08:31

Former Bank of Canada governor Mark Carney joins PIMCO global advisory board

Former Bank of Canada governor Mark Carney is joining an advisory board for the Pacific Investment Management Co. PIMCO chief executive Emmanuel Roman says the…

Great-West Lifeco subsidiary buys MassMutual retirement services business

Great-West Lifeco Inc. subsidiary Empower Retirement has signed an agreement to buy the retirement services business of Massachusetts Mutual Life Insurance Co. in a transaction…

Caisse, CPPIB, Ontario Teachers’ invest in insurance company

Wellington Management names incoming CEO

Wellington Management Co. will be appointing Jean Hynes as chief executive officer upon the retirement of its current CEO Brendan Swords on June 30, 2021.…

  • By: Staff
  • September 1, 2020 January 20, 2021
  • 12:58
PSP investing in reinsurer, OMERS acquiring HVAC company

Aon, Willis Towers Watson merger receives shareholder approval

Aon and Willis Towers Watson’s proposed merger has received approval by their respective shareholders. The merger, announced in March, remains subject to customary regulatory and…

  • By: Staff
  • August 28, 2020 January 20, 2021
  • 09:50

Mark Carney joins Brookfield Asset Management

Mark Carney will lead a team at Brookfield Asset Management focused on investing in positive environmental, social and governance changes, the alternative asset manager said…


A do-it-yourself approach to buy-in annuities

With an aging population of baby boomers and a general trend toward closing defined benefit pensions, many plan sponsors are facing negative cash flow situations.…


Finance Minister Bill Morneau resigns, plans to run for head of OECD

The only finance minister to serve under Prime Minister Justin Trudeau suddenly resigned Monday night, saying someone else should guide the country through a long…

Is the time right for pension funds to consider litigation finance?

In the early days of litigation finance, most fund managers sold a concept and their own capabilities, but not much else. And risky strategies attracted…