Home News Page 867

Top Stories in News

U.S. public pension contributions may rise as returns lag

U.S. public pension contributions may rise as returns lag

Investment returns below public pension plans' benchmarks mean that future contributions from participating state and local governments will have to rise in order to recover…

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 12:30
Canada not in a recession, economists say

Canada not in a recession, economists say

Canada isn't in a recession, says the C.D. Howe Institute’s Business Cycle Council.

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 11:54
State Street to service $22-billion in assets for Mawer

State Street to service $22-billion in assets for Mawer

State Street has been appointed by Mawer Investment Management to be the exclusive provider of custody, fund accounting and administration services for their portfolio of…

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 11:38
Institutional investors favour global macro strategies

Institutional investors favour global macro strategies

Global macro strategies continue to be the most favoured strategy by institutional investors globally, finds Credit Suisse's mid-year hedge fund investor sentiment survey.

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 11:31
Provinces update formularies to include Hepatitis C treatments

Provinces update formularies to include Hepatitis C treatments

Saskatchewan, British Columbia, and Manitoba have all announced that they are adding new generation hepatitis C drug Holkira Pak, to their respective formularies, which also…

  • By: Staff
  • July 29, 2015 September 13, 2019
  • 10:41
CUPE slams Fraser Institute report on CPP expansion

CUPE slams Fraser Institute report on CPP expansion

A Fraser Institute study that claims CPP expansion could reduce voluntary savings is flawed, says CUPE national president Paul Moist.

  • By: Staff
  • July 28, 2015 September 13, 2019
  • 12:14
Oscar winner in film about same-sex pension rights

Oscar winner in film about same-sex pension rights

Oscar-winning actress Julianne Moore is starring in a film about same-sex pension rights, due to be released later this year.

  • By: Staff
  • July 28, 2015 September 13, 2019
  • 11:20
Manulife Asset Management hires head currency trader

Manulife Asset Management hires head currency trader

Manulife Asset Management has hired Jason Fromer as managing director and head currency trader, a new position at the firm.

  • By: Staff
  • July 28, 2015 September 13, 2019
  • 10:31
McAdam joins Mercer

McAdam joins Mercer

Grace McAdam has joined Mercer's Toronto office as a principal in its investment consulting business.

  • By: Staff
  • July 28, 2015 September 13, 2019
  • 10:10
Arrests made in alleged $4-million benefits fraud scheme

Arrests made in alleged $4-million benefits fraud scheme

Toronto Police have arrested three people over an alleged $4-million benefits fraud scheme directed against the Toronto Transit Commission (TTC) and Manulife.

  • By: Staff
  • July 27, 2015 September 13, 2019
  • 12:35
Canadians pay down debt first despite retirement concerns

Canadians pay down debt first despite retirement concerns

When granted lump sums, such as tax refunds, most people opt to pay off debt, says new data from Edward Jones.

  • By: Staff
  • July 27, 2015 September 13, 2019
  • 11:42
Canadians expect to be debt-free by 56

Canadians expect to be debt-free by 56

On average, Canadians expect to be debt-free by the time they are 56 years old although some Canadians see themselves carrying debt well into their…

  • By: Staff
  • July 27, 2015 September 13, 2019
  • 11:16
Shanghai Composite Index drops 8.5%

Shanghai Composite Index drops 8.5%

The Shanghai share index fell the most since early 2007 on Monday as Chinese stocks suffered a renewed sell-off despite government efforts to calm the…

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

90% of U.S. workers have ‘rage applied’ for a job in the last 6 months: survey

A majority (90 per cent) of U.S. workers have “rage applied” for a new job in the last six months, according to a new survey by Bold…

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

More private payers seeking to reduce costs turning to preferred pharmacy networks: expert

As more insurers turn to preferred pharmacy networks to decrease costs, their efforts are being met with some resistance by plan members who may be…

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…

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00