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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…

Cryptocurrency sentiment growing bearish, finds survey

Canadian investors and advisors were skeptical about cryptocurrency in the second quarter of 2021, according to a new quarterly survey by Horizons ETF Management Inc.…

  • By: Staff
  • July 22, 2021 July 23, 2021
  • 12:30

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

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…

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…

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Expert panel: How is cryptocurrency impacting institutional investors’ portfolios?

Whether institutional investors welcome it — or even realize it — cryptocurrency is having an impact on their portfolios. The immense size of the crypto…

Pension annuity transactions in Canada totalled $4.45BN in 2020: report

Despite market upheaval as a result of the coronavirus pandemic, the Canadian pension risk transfer market had its third-best year for group annuity transactions, according…

  • By: Staff
  • July 21, 2021 July 21, 2021
  • 15:00

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

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

Institutional investors interest in digital assets on the rise: survey

The majority (71 per cent) of institutional investors expect to add digital assets to their investment portfolios within the next five years, according to a…

  • By: Staff
  • July 29, 2021 July 29, 2021
  • 12:25

Investors have role in advancing reconciliation with Indigenous peoples, says report

Institutional investors have a role to play in reconciling Canada with Indigenous people, says a new report by the Reconciliation and Responsible Investment Initiative. “With…

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