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N.S. auditor general report highlights troubling state of teachers’ pension plan

N.S. auditor general report highlights troubling state of teachers’ pension plan

A report from Nova Scotia’s auditor general is once again highlighting the “troubling” state of the Nova Scotia teachers’ pension plan, which is 78.4 per cent funded…

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Franklin Templeton appoints new senior managing director of alternative strategies

Franklin Templeton Investments Corp. has appointed Shane Clifford as its new senior managing director of alternative strategies. Reporting directly to Mat Gulley, executive vice-president and head of alternatives,…

  • By: Staff
  • October 2, 2018 January 13, 2021
  • 14:45

Mercer and Morningstar to create new institutional data platform

Mercer and Morningstar Inc. are teaming up to create a digital platform for institutional investment manager data, performance analytics and qualitative research. “Investors and their advisors do not…

  • By: Staff
  • October 2, 2018 January 13, 2021
  • 14:30

Institutional investors increasingly see ESG as source of alpha: survey

A growing number of institutional investors believe integrating environmental, social and governance factors into their portfolios can help generate alpha, according to a new survey…

Medavie Blue Cross to cover medical marijuana

Medavie Blue Cross to cover medical marijuana

Medavie Blue Cross is adding medical cannabis coverage to its benefits provision. The extended health-care benefit will be optional, standalone coverage for plan sponsors, providing reimbursement…

  • By: Staff
  • October 2, 2018 September 13, 2019
  • 09:45
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Canadian DB pensions reach highest solvency in nearly two decades

In the third quarter of 2018, Canadian defined benefit pension plans reached their highest solvency ratio of any quarter since November 2000, according to Mercer’s latest…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 16:00
New HR software launch focuses on entire employee lifecycle

New HR software launch focuses on entire employee lifecycle

Canadian company BOSSC Inc. is launching a new version of its human resources management software, which aims to help employers manage employees from recruitment to off-boarding. The…

  • By: Staff
  • October 1, 2018 September 13, 2019
  • 15:45
Manulife lowers STD claims with mental-health benefits boost

Manulife lowers STD claims with mental-health benefits boost

Manulife Financial Corp.’s short-term disability claims related to mental health have decreased since it boosted its benefits to employees last year. In January 2017, Manulife…

Building a diverse workforce a major challenge in the investment industry

While more than half (53 per cent) of investment managers believe the business case for developing a diverse workforce is either strong or very strong, many…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 08:45
Members of Torstar’s eight DB pension plans agree to join CAAT

Members of Torstar’s eight DB pension plans agree to join CAAT

Members of Torstar Corp.’s eight defined benefit pension plans have agreed to merge with the Colleges of Applied Arts and Technology pension plan. Starting Oct. 1, 2018,…

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 13:26
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U.S. Fed, trade wars biggest current market factors for institutional investors

The challenging questions for institutional investors going into the last months of 2018 will be how much further global trade tensions will rise and the subsequent…

Pensions, retirement savings lead industry growth: CLHIA

Pensions, retirement savings lead industry growth: CLHIA

The pension and retirement savings was once again the growth leader in the life and health insurance industry in 2017, according to the Canadian Life…

  • By: Staff
  • September 28, 2018 September 13, 2019
  • 09:00
Executive compensation not as simple as higher salary, bonuses

Executive compensation not as simple as higher salary, bonuses

The idea that health, drug and retirement benefits draw in top executive talent is overly simplistic and worth delving into deeper, according to Jonathan Foster, vice-president…

AIMCo returns 6.9% in 2023, driven by equities, fixed income

The Alberta Investment Management Corp.’s total fund generated a net return of 6.9 per cent in 2023, 1.8 percentage points below its 8.7 per cent benchmark.…

  • By: Staff
  • April 22, 2024 April 22, 2024
  • 15:00

69% of U.S. employees say they’d be happier if they had deeper connections with co-workers: survey

More than two-thirds (69 per cent) of U.S. employees say they’d be happier if they had deeper connections with work colleagues, according to a survey…

  • By: Staff
  • April 22, 2024 April 19, 2024
  • 09:00

Ontario Teachers’ considers selling seniors’ residence operator, Ivanhoé Cambridge forms Australian student housing joint venture

The Ontario Teachers’ Pension Plan is considering selling Amica Senior Lifestyles in a deal that could be worth $5 billion, according to report by Bloomberg. The…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 15:00

Virtual-only meetings erode shareholder democracy: institutional investor group

A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter…

Top 5 HR, benefits, pension and investment stories of the week

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

CAAT returns 9.5% for 2023, led by global, emerging market equities

The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion,…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 09:30