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…
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.…
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…
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 Inc. subsidiary Empower Retirement has signed an agreement to buy the retirement services business of Massachusetts Mutual Life Insurance Co. in a transaction…
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.…
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…
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…
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.…
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…
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…
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…
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…
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…
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 can be a challenge for pension plan sponsors and trustees when trying to remain focused on the long term, said Matthew Leatherman, director at…
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…
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,…
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…
“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…
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…
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…
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…
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.…
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,…