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…
Canadian defined benefit plans posted a median return of 4.29 per cent in the last quarter of 2017, a marked improvement compared to the median return of…
CGI Group Inc. has rolled out a new year’s wellness program that tackles employees’ health goals from an initial consultation through to the development of…
While some workplaces may find it difficult to accommodate flexibility for employees with caregiving responsibilities, employers should be creative, according to one human resources consultant. “To me,…
The Empire Life Insurance Co. is introducing a new drug-only pooling product for plan sponsors. With advancement in medicine and higher-cost drugs on the market, it’s important…
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 —…