News Page 621

Top Stories in News

Investors call on General Motors for transparency on lobbying

Investors call on General Motors for transparency on lobbying

Almost a third of General Motors Inc. investors with nearly $2 trillion in total assets under management voted in favour of a shareholder resolution last…

Plan sponsors, members interested in cannabis, pharmacogenetics: survey

Plan sponsors, members interested in cannabis, pharmacogenetics: survey

Plan sponsors and members are increasingly interested in making non-core benefits like pharmacogenetic testing and medical cannabis part of their plans, according to the 2019…

Encon Group adding virtual care to group benefits plan

Encon Group adding virtual care to group benefits plan

Encon Group Inc. is bundling a virtual doctor consultation service into its group health-care product. The insurance provider is collaborating with digital health startup Maple…

  • By: Staff
  • June 12, 2019 November 12, 2020
  • 08:45
Great-West Life partners with PaymentEvolution on employee benefits quoting service

Great-West Life partners with PaymentEvolution on employee benefits quoting service

Employee benefits offerings from the Great-West Life Assurance Co. are now available on PaymentEvolution, a health and dental plan quoting service for small- and medium-sized…

  • By: Staff
  • June 11, 2019 November 12, 2020
  • 15:30
PSP posts 7.1% return for fiscal 2019

PSP posts 7.1% return for fiscal 2019

The Public Sector Pension Investment Board reported a net return of 7.1 per cent at the end of its last fiscal year, ending March 31,…

  • By: Staff
  • June 11, 2019 November 12, 2020
  • 15:15
Only 30% of employees satisfied with pay transparency: survey

Only 30% of employees satisfied with pay transparency: survey

Money matters are top of mind among North American employees, according to new research by Ceridian HCM Holding Inc.  The research found workers in Canada and the…

  • By: Staff
  • June 11, 2019 November 12, 2020
  • 15:00
Gaps persist in plan sponsor, member views on benefits: Sanofi

Gaps persist in plan sponsor, member views on benefits: Sanofi

While just half (49 per cent) of plan members said changes were made to their benefits plan in the past two years, 72 per cent of…

Active management paying off at CPPIB, not as much at PSP

Active management paying off at CPPIB, not as much at PSP

While taking an active approach to investment management is paying off for the Canada Pension Plan Investment Board, the Public Sector Pension Investment Board’s actively…

Hub acquires B.C.-based Porchlight Financial

Hub acquires B.C.-based Porchlight Financial

Hub International Ltd. is acquiring Porchlight Financial. Located in Vancouver, Porchlight Financial has been offering group retirement plan consulting for 25 years. It specializes in plan member advisory services, financial wellness…

  • By: Staff
  • June 11, 2019 November 12, 2020
  • 08:30
56899643_l-1

Are you overlooking culture as a competitive edge?

Although culture is a differentiator in determining successful investment management firms of the future, only a few asset managers measure and actively manage their culture,…

BCI invests in U.K. insurance broker

BCI invests in U.K. insurance broker

The British Columbia Investment Management Corp., together with private equity firm Preservation Capital Partners, is investing in BMS Group Ltd., the U.K.-based brokerage arm of Minova Insurance…

  • By: Staff
  • June 10, 2019 November 11, 2020
  • 09:48
Ontario launches new pension, financial services regulator

Ontario launches new pension, financial services regulator

The Ontario government is combining two agencies to create one pension and financial services regulator aside from securities. As of June 8, the Financial Services…

  • By: Staff
  • June 10, 2019 November 30, 2020
  • 09:24

Citigroup staff plant trees, work at food banks for annual volunteering day

Citigroup Inc.’s employees in Toronto spent Tuesday planting trees and shrubs at a local conservation area for the bank’s global community day. During Citi’s annual…

Ontario DB plans’ average solvency ratio drops to 122% in Q1 2026: FSRA

Defined benefit pension plans in Ontario reported a median solvency ratio of 122 per cent during the first quarter of 2026, according to a new…

  • By: Staff
  • May 25, 2026 May 22, 2026
  • 15:00

CPP Investments returns 7.8% for fiscal 2026, net assets total $793.3 billion

CPP Investments is reporting a return of 7.8 per cent for its 2026 fiscal year. The results helped increase its net assets to $793.3 billion…

Equities market faces geopolitical volatility, questions around AI growth: report

While the global equities market recorded positive returns in the first quarter of 2026, a rebound seen in April was driven by only a few…

  • By: Staff
  • May 21, 2026 May 20, 2026
  • 11:00

Telus expands employee volunteer initiative amid growing focus on engagement, workplace culture

Corporate volunteering initiatives are playing a larger role as employers continue looking for ways to strengthen employee engagement, workplace culture and social purpose efforts, says…

Canada Life acquiring disability management provider Santé Circle Health

Canada Life Assurance Co. is acquiring Santé Circle Health, a provider of disability management and occupational health services. Santé Circle Health’s capabilities complement Canada Life’s…

  • By: Staff
  • May 26, 2026 May 25, 2026
  • 15:00

National Institute on Ageing’s Pension Centre of Excellence welcomes new member organizations during symposium

The National Institute on Ageing at Toronto Metropolitan University’s Pension Centre of Excellence is welcoming four new member organizations following its third symposium last week.…

  • By: Staff
  • May 26, 2026 May 25, 2026
  • 09:00