Scotiabank is acquiring independent investment firm Jarislowsky Fraser Ltd. for approximately $950 million. The transaction will create the third-largest active asset manager in Canada with $166 billion…
The median solvency ratio for defined benefit plans regulated by the Financial Services Commission of Ontario was 94 per cent in the last quarter of…
The Canada Pension Plan Investment Board saw a net increase of $8.9 billion in assets during the final quarter of 2017, bringing its total to $337.1…
Advisors are making it clear they want to be a part of the conversation as the Canadian Life and Health Insurance Association develops its new compensation disclosure…
Ninety per cent of Canadians don’t have a retirement plan that takes into account their desired post-retirement lifestyle, according to a new survey by the Canadian Imperial…
Deron Waldock has joined McCarthy Tétrault LLP as a partner in its national pension, benefits and compensation group, working out of the firm’s Toronto office.…
Manulife Financial Corp. is partnering with Vitech Systems Group Inc. as a software provider and system integrator for its Canadian group benefits business. Vitech’s insurance…
As the new year gets underway, it’s a busy season for predictions about what’s ahead for 2018. When it comes to employer-sponsored drug plans, costs…
At H&M, before office employees get to their desks, they need to learn about the company from behind the cash register. In fact, some new employees…
When Loblaw Companies Ltd. purchased annuities to reduce the risk in its defined benefit pension plans in January 2017, the $350-million, inflation-linked buyout kicked off…
Canada and the world enjoyed a particularly strong economic performance last year. In Canada, the unemployment rate fell to just 5.7 per cent at the…
While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How…
It’s a familiar situation: An employee is feeling ill at work but is too busy to leave for a medical appointment. Or perhaps the employee’s…
Developed countries provided and mobilized a record US$136.7 billion in climate finance for developing countries in 2024, exceeding the $100 billion annual target for the…
Pension funds can enhance society in a way that doesn’t have to interfere with their fiduciary integrity and financial sustainability, according to a new report…
The universe of defined benefit pension managers’ pooled funds posted a median return of 0.5 per cent before management fees during the first quarter of…
Nearly two-thirds (60 per cent) of Canadian employees report being very or somewhat satisfied with their current employee benefits, according to a new survey by…
Recent decisions in Ontario and British Columbia demonstrate the balance between employers’ need to know and employees’ right to privacy at the heart of the…
While three per cent of total working time is lost to absences due to health issues, a much larger portion — 19 per cent —…