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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…

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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.…

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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…

Keeping big picture in mind when communicating about risk

During the global financial crisis, the Alaska Permanent Fund Corp. implemented a new governance report to bring together all elements of its investment portfolio and…

Caisse real-estate arm partnering to provide retail tenants with e-commerce solutions

Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is helping small and medium-sized tenants in its Canadian shopping…

IMCO creating policy research internships at C.D. Howe Institute

The Investment Management Corp. of Ontario is supporting six paid internships at the C.D. Howe Institute for summer 2020. “The COVID-19 pandemic is creating a…

  • By: Staff
  • May 28, 2020 December 6, 2020
  • 07:26

Commercial litigation finance demand fuelled by coronavirus

In legal circles, it has always been thought that crises breed litigation. And while that appears to be the case in the current crisis, it…

Communication key in pension risk management through coronavirus and beyond

Communication can be a challenge for pension plan sponsors and trustees when trying to remain focused on the long term, said Matthew Leatherman, director at…

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Northleaf introduces matrix to help investors track capital calls, distributions

In the current market environment, institutional investors worried about cash management want advance notice of when capital calls are coming, says Stuart Waugh, managing partner…

Transitioning to new normal of remote meetings without compromising governance

Digital is the new normal for committee and board meetings, so people must get used to it, says Rahul Bhardwaj, president and chief executive officer,…

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How can pension plans ensure diversity of thought at the board table?

Much attention has been paid to surface-level diversity in the boardroom, but what about diversity of thought? “Groupthink describes faulty decision-making,” says Rahul Bhardwaj, president…

Exploring the impact of coronavirus on commercial litigation finance investments

“It was the best of times, it was the worst of times…” The above quote from Charles Dickens aptly describes the current environment for the…

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Turning thought into action to strengthen Canada’s retirement income system

With Canada ranking only ninth out of 37 countries on the Melbourne Mercer Global Pension Index, more can be done to move it up the…

  • By: Avery Page
  • March 20, 2020 December 13, 2020
  • 09:47
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CalSTRS, GPIF and USS Investment Management highlight importance of long-term sustainable growth

The California State Teachers’ Retirement System, together with the Japan’s Government Pension Investment Fund and the USS Investment Management Ltd., which manages funds for the…

  • By: Staff
  • March 12, 2020 December 13, 2020
  • 07:20
Coronavirus poses tough challenge for economic policymakers

Coronavirus poses tough challenge for economic policymakers

The fast-moving coronavirus isn’t just confounding health officials. It’s also bedevilling policymakers and central bankers who are struggling to assess the economic damage from an…

Exploring litigation financing as an asset class

Along with more traditional asset classes like fixed income or private equities, litigation finance is another area for pension funds to keep on their radars.…

  • By: Yaelle Gang
  • February 24, 2020 December 13, 2020
  • 14:27
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Are your pension investments exposed to modern slavery?

With environmental, social and governance issues top of mind for many pension plan investors, modern slavery is one concern to keep on the radar. Historically,…

  • By: Yaelle Gang
  • February 21, 2020 December 13, 2020
  • 08:45