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OMERS invests in European medical infrastructure, hydrogen power, CPPIB in Latin American logistics fund

The Ontario Municipal Employees Retirement System is a part owner of a European medical diagnostics supply business. The OMERS has acquired 37.5 per cent of…

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Canada’s pension plan sponsors prioritizing governance, but more work to be done: survey

While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a…

Institutional investors signed onto PRI outperformed non-signatories over five years: report

Institutional investors that are signed onto the United Nations’ principles for responsible investment had a higher five-year average net return compared to non-signatories, according to…

  • By: Staff
  • August 2, 2021 August 3, 2021
  • 09:00

CPPIB appointing Suyi Kim as global head of private equity

The Canadian Pension Plan Board is appointing Suyi Kim as senior managing director and global head of private equity, effective September 15. In the new…

  • By: Staff
  • July 30, 2021 July 30, 2021
  • 15:00
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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

Top U.S. DB plan funded ratios see first dip since September 2020: report

The average funded ratio of the top private sector defined benefit pension plans in the U.S. dipped for the first time since September 2020, according…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 11:45
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More plan sponsors meeting members’ retirement goals in 2021: survey

A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 09:00

Ontario Teachers’, PSP, IMCO investing in net-zero fund, Caisse in medtech fund

Three of Canada’s largest pension funds are investing in a new fund focused on the global transition to a net-zero economy. The Brookfield Global Transition…

  • By: Staff
  • July 28, 2021 July 28, 2021
  • 15:00

Providing free pads, tampons to federal employees could cost employers $1M+ annually: report

Providing free pads and tampons in federally regulated workplaces could cost employers more than $1 million annually to become a reality, Canada’s labour minister was told…

TD bringing employees together to mark Canada’s first Emancipation Day

TD Bank is bringing employees together to mark Emancipation Day, the country’s first national holiday commemorating the end of slavery in the British Empire. This…

How Willful is using benefits, flexibility and perks to attract top talent in tight labour market

While many organizations had to press pause on their hiring plans at the start of the coronavirus pandemic, Willful, a Canadian online estate planning company,…

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U.S. employees lacking access to financial wellness programs: survey

A majority (63 per cent) of U.S. employees said their employer doesn’t offer a financial wellness program, according to a new survey by the Defined…

  • By: Staff
  • July 27, 2021 July 27, 2021
  • 15:00

BCI returns 16.5% and increases AUM in fiscal 2021: annual report

The British Columbia Investment Management Corp. returned 16.5 per cent for its combined pension plan clients and increased its assets under management from $171.3 billion…

  • By: Staff
  • July 27, 2021 July 26, 2021
  • 12:00
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SAP Canada increasing virtual wellness offerings amid pandemic

SAP Canada Inc. is accelerating the expansion of virtual wellness offerings through its benefits package amid the coronavirus pandemic. “The pandemic has essentially pressed fast-forward…

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Rio Tinto workers striking over pension plan, retirement benefits

About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to…

  • 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

Canadian pension returns up during Q2, buoyed by global equities: reports

As global equities overcame inflationary fears and continued an upward trend, Canadian pension plan investment returns increased during the second quarter of 2021, with the…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 09:15

Ontario’s paid sick leave program costing less than expected

Ontario’s temporary paid sick leave program is receiving less uptake than initially expected. The Canadian Broadcasting Corp. reported Friday that, as of July 21, a…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 09:00

Chief HR officers partly or fully responsible for DEI issues at 52% of U.S. employers: survey

For slightly more than half (52 per cent) of U.S. employers, the chief human resources officer is either partially or fully responsible for diversity, equity…

  • By: Staff
  • July 23, 2021 July 26, 2021
  • 15:00

Sounding Board: Collaboration, innovation key to sustainable Canadian private health insurance sector

With Canada’s public and private drug market an ever-evolving landscape, what value can be gained from collaboration and innovative solutions to ensure patient access to…

How the TTC’s first-ever chief diversity, culture officer is driving change

When you board a bus, streetcar or subway train in Canada’s biggest city, chances are the driver will be a man. Keisha Campbell, the Toronto…

CPPIB investing in Canadian AI, PSP in gene-editing software company

The Canadian Pension Plan Investment Board is investing in a Toronto-based artificial intelligence company. The CPPIB entered a $125 million funding round for a Untether AI…

  • By: Staff
  • July 22, 2021 July 22, 2021
  • 12:00

64% of DC plan sponsors looking to improve financial wellness programs: survey

The majority (64 per cent) of consulting and advisory firms said their plan sponsor clients are looking to improve financial wellness programs, according to a…

  • By: Staff
  • July 22, 2021 July 22, 2021
  • 09:00

Great-West Lifeco subsidiary acquiring Prudential Financial’s retirement business for $4.45BN

Empower Retirement, the U.S. subsidiary of Great-West Lifeco Inc., is purchasing Prudential Financial Inc.’s full-service retirement business for $4.45 billion in a bid to deepen…

Hootsuite supporting employee mental health with additional week off

Hootsuite Inc. is supporting employee mental health by giving workers more time off this summer. The social media marketing and management company held its inaugural…