Hub International Ltd. is acquiring RBI Advisory Group, an Okotoks, Alta.-based employee benefits consultancy. RBI has been providing advisory services to employers and associations around…
The Canada Pension Plan Investment Board is acquiring renewable energy company Pattern Energy Group Inc. in an all-cash deal. The purchase of the San Francisco-based company…
The Financial Services Regulatory Authority of Ontario has appointed members to its stakeholder advisory committee for the pension sector. The committee, which was introduced in July…
Maximum pensionable earnings under the Canada Pension Plan are rising from $57,400 to $58,700 for 2020. The increase takes into account the growth in average weekly wages…
While organizational leaders may not be convinced about the return on investment of mental-health programs, the costs of the alternative — doing nothing — are great…
BMO Global Asset Management is appointing Nalini Feuilloley as director of its responsible investment team for North America. Nalini was previously head of Canada for…
The Alternative Investment Management Association has published a new handbook on the Canadian alternative investment landscape. “Canada has a long history of excellence in alternatives,”…
Pensions have been imperilled by corporate insolvency before, but three new amendments to federal laws may create stronger protections for employees and retirees. Changes to the…
The Caisse de dépôt et placement du Québec is investing in La Coop Fédérée, the largest agri-food enterprise in Quebec and the only Canada-wide agricultural cooperative. The investment —…
Unifor locals representing Via Rail Canada Inc. employees have opened bargaining in Montreal as contracts are set to expire for more than 2,000 members. Members…
On Sept. 27, the 2019 Defined Contribution Investment Forum delved into the latest trends in behavioural finance and DC plan member engagement, as well as…
A defined contribution plan sponsor’s strategic decisions around asset allocation are far more influential to the performance of the pension portfolio than security selection or…
Defined contribution plan sponsors have a tough job. “Every day that goes by, DC is getting harder and harder to solve for,” said Lorie Latham,…
With cohorts in the workforce behaving differently as they prepare for retirement, it’s important for plan sponsors to consider these differences along gender and generational…
There are two fundamental reasons for including alternatives in a defined contribution pension portfolio, according to Ed Studd, solutions manager for U.S. portfolio solutions at…
Defined contribution plan sponsors are facing challenges that will shape the nature of their legal obligations to employees. Member communication is a key challenge, said…
Depressed bond yields are stoking institutional investor concerns over global growth prospects for the coming year. “We’ve seen a similar pattern across the world,” said Alec…
When it comes to engaging employees on matters of financial and personal wellness, it’s increasingly clear one size no longer fits all. In a roundtable…
Canada’s defined benefit pension plans posted a median return of 1.6 per cent in 2019’s third quarter, according to Northern Trust Canada’s pension universe. “Despite…
Canadian institutional investors want their portfolio companies to reduce their reliance on single-use plastics, according to a new opinion survey by the Responsible Investment Association.…
With a wellness strategy focused on complete employee health, Nav Canada was recognized with the Sanofi Canada Wellness Pioneer Award at Benefits Canada’s Workplace Benefits Awards…
More plan sponsors are considering eliminating the waiting period for employees to join their pension plan, at least for employee contributions, according to a new report…
The Canada Pension Plan Investment Board is appointing Zubaid Ahmad to the newly created role of senior advisor, United States. “This appointment elevates the CPPIB’s…
Manulife Financial Corp. is teaming up with Mila, a Quebec artificial intelligence institute, on health and financial wellness research projects. The partnership will allow the insurer…
The merger of Torstar Corp.’s defined benefit pension plans into the Colleges of Applied Arts and Technology pension plan’s DBPlus has crossed the first hurdle with…