Employees of Community Food Centres Canada will join the OPTrust Select defined benefit pension plan after more than 90 per cent voted in favour of…
Members of the United Association Local 721 union in Prince Edward Island went on strike last week after being unable to reach a new agreement…
Morneau Shepell Ltd. is acquiring Mercer’s stand-alone, large market health and defined benefit pension plan administration business for U.S. employer clients. Mercer will continue to…
When it comes to defined contribution pension plans, some “big rock” decisions for plan sponsors will have the most impact on member outcomes, while other…
Current economic factors like low bond yields, which make it quite difficult for pension plans to meet their long-term return requirements, are driving institutional investors…
Almost half (47 per cent) of institutional investors are interested in including digital assets in their investment portfolios, according to a survey by Fidelity Investments Inc. The study,…
In response to proposed amendments to a regulation under Ontario’s Health Insurance Act, the Canadian Life and Health Insurance Association is suggesting employers providing group travel insurance…
After starting to manage funds for its first two clients, the Ontario Pension Board and the province’s Workplace Safety and Insurance Board, the Investment Management Corp.…
In the hedge fund market, customized products are growing in popularity, leading institutional investors to optimize existing relationships and strengthen partnerships with a more concentrated…
The Canadian Pension Plan Investment Board and the Public Sector Pension Investment Board, along with Apax Partners, have agreed to sell Acelity Inc. and its…
While 78 per cent of respondents agreed salary is their top reason for accepting one job offer over another, 49 per cent said benefits is also…
The large majority of global investors in alternative asset classes believe the United Nation’s sustainable development goals are tools that can help the investment industry address…
With global and domestic equities rallying in the first quarter of 2019, Canadian defined benefit plan returns were lifted to 7.2 per cent in the…
Kathy Jenkins is joining the Investment Management Corp. of Ontario as its new chief financial officer. Since 2015, she was managing director of corporate finance at Canada…
More than half (54 per cent) of Canadians believe training around workplace harassment and violence should occur annually, while 28 per cent said it should…
Specialty medications and high-cost drugs for common conditions are driving up private plan drug spending, according to Express Scripts Canada’s annual drug trends report. The report…
The Nova Scotia Teachers’ pension plan posted a net loss in assets for 2018, down to $4.94 billion from $5.11 billion at the end of 2017.…
Amid the growing popularity of incorporating environmental, social and governance factors in investing, a Dutch pension fund is partnering with index-provider FTSE Russell to design…
Pooled pension fund managers bounced back in the first quarter of 2019, posting a median return before management fees of 8.3 per cent, up from…
Canadian insurers expect health costs to rise by 11.55 per cent this year, according to a new report by Accompass Inc. The annual survey determines the anticipated…
Looks aren’t a solid basis on which to form a long-term relationship and neither is the surface-level appearance of a target-date fund. “In a perfect…
Ontario’s Workplace Safety and Insurance Board is changing how premium rates are calculated for almost 300,000 registered businesses across the province. The WSIB hasn’t changed its…
A year after the OPSEU Pension Trust launched a new plan for nonprofit organizations, it has enrolled its first members. The OPTrust Select was launched…
Digital employee health benefits platform League Inc. is now offering its employees and their spouses or common-law partners $5,000 per lifetime toward in vitro fertilization…
As benefits fraud schemes become more sophisticated, group insurers must continuously evolve their strategies to keep up to date, according to Shelley Frohlich, director of fraud…