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54% of Canadians saving for the long term

54% of Canadians saving for the long term

More than half (54%) of Canadians are making saving for the long term, including retirement, their primary financial priority, according to a new survey. The…

Institutional investors to embrace active management in 2016

Institutional investors to embrace active management in 2016

Large institutional investors expect to embrace active management in 2016 to combat macro-economic trends, anticipated market volatility and divergent monetary policy, according to a new…

  • By: Staff
  • January 28, 2016 September 13, 2019
  • 09:18
Employers urged to prepare for new normal in pension plans

Employers urged to prepare for new normal in pension plans

Employers need to prepare for a new normal in their pension plans as the economy continues to lag and people are living longer, Mercer’s Jean-Philippe…

Fed keeps rates unchanged

Fed keeps rates unchanged

The Federal Reserve is keeping its key interest rate unchanged, while pledging to closely monitor developments in the global economy and financial markets. The Fed…

OMERS buys into Spanish pipeline operator

OMERS buys into Spanish pipeline operator

An investment arm of one of Canada’s large public-sector pension funds says it has agreed to buy a 24.15% stake in Spain’s largest operator of oil…

66% of employees with mental health issues don’t report it

66% of employees with mental health issues don’t report it

Two-thirds (66%) of employees who took time off work for a mental health issue did not report it, according to a new survey by Morneau…

GroupHEALTH partners with GMS Insurance

GroupHEALTH partners with GMS Insurance

GroupHEALTH Benefit Solutions has partnered with GMS Insurance to grow its advisor partner network. The partnership allows GMS Insurance to expand its portfolio by offering…

Obama to focus on expanding access to retirement accounts

Obama to focus on expanding access to retirement accounts

President Barack Obama will pitch some new proposals to expand access to retirement savings accounts and revisit some old ones when issuing his budget next…

Co-worker relationships are more important than you think

Co-worker relationships are more important than you think

The evolution of the workplace is driving a new school of corporate thought — one that’s changing the way we work. The Canadian economy takes a $52-billion hit every…

  • By: Staff
  • January 27, 2016 September 13, 2019
  • 09:09
ORPP design and feature details announced

ORPP design and feature details announced

The Ontario government has announced a series of design and feature details for the Ontario Retirement Pension Plan (ORPP). In a press conference this morning, Ontario…

ArcelorMittal Dofasco reinforces focus on employee mental health

ArcelorMittal Dofasco reinforces focus on employee mental health

ArcelorMittal Dofasco is reinforcing its commitment to workplace mental health in 2016, starting with a letter sent out to employees today. The letter is being sent out…

PSP Investments and Lightyear Capital to acquire AIG

PSP Investments and Lightyear Capital to acquire AIG

PSP Investments and Lightyear Capital have signed a definitive agreement to acquire AIG Advisor Group, a subsidiary of American International Group (AIG). “We are pleased with…

Sun Life completes combined annuity buy-in

Sun Life completes combined annuity buy-in

Sun Life has completed a combined annuity buy-in transaction valued at $530 million with two Canadian pension plan sponsors to transfer investment, longevity and inflation risk…

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

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…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

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…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

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…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

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…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

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…