Canadians continue to pay more than most other Organisation for Economic Co-operation and Development countries for generic drugs, despite provincial and territorial policies that have…
The Alberta Investment Management Corp. is entering into a partnership with U.S.-based Enel Green Power North America Inc. for the operation of two renewable energy projects in Alberta. AIMCo…
Lowe’s Companies Inc. is enhancing its maternity and parental leave benefits and adding adoption assistance for eligible American employees in light of the new U.S. tax reforms. Full-time…
Robust equity markets led U.S. institutional investment plans to strong gains in 2017 with a median return of 15.3 per cent for the year, according to new data by Northern Trust Corp.…
Sun Life Financial has appointed Heather Wolfe as managing director of liability-driven investment strategies in its defined benefit solutions team. For the previous seven years, Wolfe was…
On Monday, after a grim day the Friday before, the Dow Jones industrial average dribbled downwards throughout the day to finally plummet more than 1,500…
Two senior executives at the Canada Pension Plan Investment Board are about to reach retirement themselves. Nick Zelenczuk, senior managing director and chief operations officer,…
Financial Horizons Inc. has acquired Abex Central Financial Services Ltd. Founded in 2006, Abex Central is a managing general agent based in Barrie, Ont. The company…
As interest rates rise, so, too, do investors’ concerns about the performance of fixed income. “An allocation to fixed income is considered a safe way…
After 18 years of litigation, a settlement has delivered $7 million to former employees of the Canada Mortgage and Housing Corp. involved in two class…
Canadians have been contributing less to their registered retirement savings plans so far this year, according to a new survey by BMO Financial Corp. Its annual…
Inflation and rising interest rates will shake things up this year.
Global defined contribution plan assets are growing faster than defined benefit pension assets, according to a new report by the Thinking Ahead Institute and Willis Towers…
The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…
Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…
The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…
Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…