The expanded Canadian Pension Plan will bring only a slightly higher rate of return for retirees — 2.5 per cent in the expanded plan compared…
The U.S. Department of Labor, the Internal Revenue Service and the Pension Benefit Guaranty Corporation are seeking public comments on proposed revisions to modernize and…
The Canada Pension Investment Board and Wolf Midstream Inc. have signed an agreement to acquire a 50 per cent ownership of a pipeline in northeastern…
More rule-making powers for a new regulator touted in a recent report to take over the duties of the Financial Services Commission of Ontario should…
Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…
The Caisse de dépôt et placement du Québec and German investment company SKion will acquire the water treatment company Ovivo for $4 in cash per…
IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…
Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…
The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…
Industrial Alliance Insurance and Financial Services Group (iA Financial Group) has acquired BMO Group Retirement Services Inc., which provides recordkeeping and administrative services for group…
Intellectual property protection for biologic medicines in Canada falls far behind that in other countries, a new report from the Fraser Institute has found. Biologics’…
Total global assets under management by the top 100 alternative investment managers reached US$6.2 trillion in 2015, according to research by Willis Towers Watson. Its…
With labour negotiations at Canada Post Corp. centred on a proposal to close its defined benefit pension plan in favour of a defined contribution component for new…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…
The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…
Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…
The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…
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.…