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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…

Teva to buy Allergan unit, drops Mylan offer

Teva to buy Allergan unit, drops Mylan offer

Teva Pharmaceutical has agreed to acquire Allergan's global generic pharmaceuticals business for US$40.5 billion.

  • By: Staff
  • July 27, 2015 September 13, 2019
  • 10:46
Traditional 8-hour workday is dead

Traditional 8-hour workday is dead

Working nine to five is a thing of the past, finds a CareerBuilder.ca survey. Just because the office is out of sight, it doesn’t necessarily…

  • July 24, 2015 September 13, 2019
  • 10:43
Anthem to purchase Cigna

Anthem to purchase Cigna

Health insurer Anthem has reached a deal to acquire Cigna for US$48 billion.

  • By: Staff
  • July 24, 2015 September 13, 2019
  • 10:28
PSP Investments reports 14.5% return

PSP Investments reports 14.5% return

The Public Sector Pension Investment Board (PSP Investments) reported a total portfolio return of 14.5% for the fiscal year ended March 31, 2015.

  • By: Staff
  • July 24, 2015 September 13, 2019
  • 00:01
New head of BlackRock Canada named

New head of BlackRock Canada named

BlackRock has appointed Marcia Moffat as head of its Canadian business. She will be joining BlackRock from her role as founder and principal at Compasar…

  • By: Staff
  • July 23, 2015 September 13, 2019
  • 15:16
U.S. Social Security disability fund to run dry next year

U.S. Social Security disability fund to run dry next year

The 11 million Americans who receive Social Security disability face steep benefit cuts next year, the government said Wednesday, handing lawmakers a fiscal and political…

Most Canadians unaware of TFSA investment options

Most Canadians unaware of TFSA investment options

Half of Canadians are unsure what they can hold in a tax-free savings account (TFSA), finds a CIBC poll.

  • By: Staff
  • July 23, 2015 September 13, 2019
  • 11:21

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…