Hub International Ltd. is acquiring PDF Financial Group Inc., a Toronto-based brokerage that offers employee benefits, human resources and related financial advice consulting, as well…
Most (80 per cent) Canadians said they’d rather have an improved pension, or any pension, than a higher salary, according to new research by the Healthcare…
General Electric Co. is freezing its U.S. defined benefit pension plan for about 20,000 employees with salaried benefits, reducing its pension deficit by between US$5 million and US$8…
Rise People Inc. is partnering with Planswell Inc. to expand on its employee health and wellness offerings. Planswell offers employees the ability to create free…
While society at large is promoting conversations around mental health, stigma is still entrenched in the workplace, according to a new survey by Teladoc Health…
Schroders is appointing Marc Brookman as chief executive officer of its North American operations. Karl Dasher, the current CEO of North America and co-head of…
The Financial Services Regulatory Authority is giving late-filing pension plans a “one-time” opportunity to avoid administrative monetary penalties. The “safe harbour,” which applies to any…
Mental-health benefits offerings are on the rise, with the share of Canadian organizations that provide mental-health coverage nearly doubling over the past five years, according…
Norway’s largest pension fund, Kommunal Landspensjonskasse, is divesting its holdings in five oil sands companies, four of which were Canadian. KLP’s stake in Canadian firms Cenovus…
Scotiabank is providing its eligible Canadian employees with an additional two paid personal days to support their mental health. Beginning Jan. 1, 2020, the bank’s…
Women in their core working years earned on average 13.3 per cent less per hour than men in 2018, marking a 5.5 percentage point improvement…
Across Canada, innovative pension plan design options are continuing to emerge for employers considering a move away from traditional single employer, in-house defined benefit or…
Hub International Ltd. is acquiring ProCorp Financial Inc., an Ottawa-based boutique benefits and retirement consulting firm. Hugh Doyle, president of ProCorp Financial, will join Hub Ontario and…
The Caisse de dépôt et placement du Québec is making a US$50 million equity investment in San Francisco-based electric scooter share firm Bird Rides Inc.…
Equitable Life Insurance Co. of Canada is expanding the services it offers to plan sponsors through its partnership with Homewood Health Inc. While the insurer has worked with…
While employers want workplace cultures that make employees feel good and included, gauging and quantifying that experience can be difficult. Toronto-based company Receptiviti Inc. is…
Two more organizations are joining the Colleges of Applied Arts and Technology pension plan’s DBplus. The University of Saskatchewan and Federated Colleges Non-Academic Pension Plan,…
For institutional investors looking at farmland, various strategies are available that span a range of asset classes, from real assets to private equity to venture…
SSQ Life Insurance Co. Inc. is adding pharmacogenetic testing to its group insurance offering. Pharmacogenetic testing helps determine how a person’s DNA reacts to prescription…
The Public Sector Pension Investment Board is taking over Webster Ltd., an Australian agribusiness company, for A$854 million. While the PSP already owns 19.1 per cent…
The funded ratio of public pension plans in the U.S. has edged up slightly to 73 per cent in fiscal year 2018, but has been…
The majority (85 per cent) of global investment professionals said responsible investing is at least somewhat important to their organization, up from 68 per cent…
Nearly a year since the legalization of recreational cannabis, most Canadians said it’s hasn’t had an impact at work in terms of health and safety…
The Ontario Teachers’ Pension Plan is launching a venture incubator called Koru, which aims to create, test and build scalable new digital businesses. “Koru is…
Hub International Ltd. is acquiring Saskatoon-based Regency Advisory Corp., an employee benefits consulting firm. “We continue to build on our efforts to add talented organizations like Regency to…