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Union rejects new pension offer: Halifax Water

Union rejects new pension offer: Halifax Water

A lockout at the Halifax Regional Water Commission continues after the latest round of talks ended without agreement between the utility and the union for…

Public sector beats private sector in hiring over last decade

Public sector beats private sector in hiring over last decade

A new report shows job growth in Canada’s public sector far outpaced that of the private sector over a 10-year period. The study, released Thursday…

OAS benefit amount increases

OAS benefit amount increases

The quarterly benefit amounts for Old Age Security (OAS) for July to September 2015 have been announced by Employment and Social Development Canada.

  • By: Staff
  • June 26, 2015 September 13, 2019
  • 10:35
BMO to sell U.S. retirement services business

BMO to sell U.S. retirement services business

BMO Financial Group has reached an agreement to sell its U.S. retirement services business to One America for an undisclosed amount.

  • By: Staff
  • June 26, 2015 September 13, 2019
  • 10:26
Industry aims to improve financial literacy

Industry aims to improve financial literacy

Some of Canada's largest companies in the financial industry have teamed up with charity Prosper Canada and the City of Toronto to offer free financial…

Video: DC plans need global fixed income

Video: DC plans need global fixed income

A global multi-sector fixed income strategy can offer a wide range of opportunities beyond the domestic market, said Terry Moore, portfolio specialist, global multi-sector and…

Slow down HFT for fairer markets

Slow down HFT for fairer markets

Contrary to popular belief, the way to ensure workaday investors can deal fairly with high-frequency traders isn’t to speed up, but to slow down.

  • By: Staff
  • June 25, 2015 September 13, 2019
  • 11:16
Manulife Asset Managment promotes Reid

Manulife Asset Managment promotes Reid

Manulife Asset Management has promoted Michael Reid to the newly created role of senior strategist, pension solutions, within the firm's investment solutions team, effective June…

  • By: Staff
  • June 25, 2015 September 13, 2019
  • 11:01
Retirees have nearly $29,000 in annual expenses

Retirees have nearly $29,000 in annual expenses

Retired Canadians spend, on average, $2,400 per month or $28,800 a year, finds a BMO Wealth Management study.

  • By: Staff
  • June 25, 2015 September 13, 2019
  • 10:13
Greece, creditors deadlocked

Greece, creditors deadlocked

Greece and its international creditors remained at loggerheads Thursday over reform measures that Athens must introduce to unlock billions of euros in loans and prevent…

Low interest rates threaten solvency of pension funds, insurers

Low interest rates threaten solvency of pension funds, insurers

The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to…

  • By: Staff
  • June 25, 2015 September 13, 2019
  • 09:35
Why employers should focus on investment literacy

Why employers should focus on investment literacy

Setting up a DC plan can be relatively easy; getting your employees to enrol and make smart investing decisions is much harder.

Video: Why global equities matter in DC plans

Video: Why global equities matter in DC plans

Canada has the fourth largest equity market in the world but accounts for just 4% of world equity markets, as measured by market capitalization within…

Average Canadian DB pension plan’s funded solvency position up 2.8% in February: report

The funded position of a typical defined benefit pension plan rose both on a solvency basis (2.8 per cent) and an accounting basis (2.3 per…

  • By: Staff
  • March 28, 2024 March 28, 2024
  • 15:00

47% of Canadian employees relying on workplace benefits to improve well-being: report

Nearly half (47 per cent) of Canadian employees say they’re interested in improving their well-being and plan on using workplace benefits to do so, according…

  • By: Staff
  • March 28, 2024 March 27, 2024
  • 09:00

Expert Panel: CPPIB taking steps to face shifting investment landscape in China

The decision by the Canada Pension Plan Investment Board this month to reduce 10 per cent of its China equity team based in Hong Kong…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

Hydro-Quebec’s $185 billion expansion plan getting institutional investor attention: report

A new $185 billion plan by Hydro-Quebec to build out increased power capacity is gaining attention from institutional investors, according to a report by Bloomberg.…

  • By: Staff
  • March 27, 2024 March 26, 2024
  • 15:00

New York State Common Retirement Fund curbing oil and gas investments

The New York State Common Retirement Fund is restricting its exposure in eight integrated oil and gas companies, including divesting a portion of its investment…

  • By: Staff
  • March 26, 2024 March 26, 2024
  • 15:00