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Employees want more comprehensive benefits coverage: survey

Canadian employees want more comprehensive coverage under their benefits plans, according to a survey by the Conference Board of Canada and Telus Health. The survey,…

Back to basics on captive arrangements

Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company,…

IMCO committing to net-zero emissions in investment portfolios by 2050

The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through…

  • By: Staff
  • November 11, 2021 November 11, 2021
  • 09:00

Willis Towers Watson selling Willis Re to Gallagher for US$3.25BN

Willis Towers Watson is selling its global reinsurance business, Willis Re, to Arthur J. Gallagher & Co. for US$3.25 billion. The transaction is set to…

  • By: Staff
  • August 16, 2021 August 16, 2021
  • 09:00

Aon, Willis Towers Watson call off proposed merger

Aon and Willis Towers Watson have agreed to terminate their proposed merger and end litigation with the U.S. Department of Justice. The merger, which was…

  • By: Staff
  • July 26, 2021 July 26, 2021
  • 12:00
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Volitility, high inflation to be expected during coronavirus recovery, says Bank of Canada

Canada’s economy will undergo volatility and inflationary acceleration as the nation recovers from the coronavirus pandemic, warns the governor of the Bank of Canada. “The process…

  • By: Staff
  • July 15, 2021 July 15, 2021
  • 13:00

C.F. Crozier providing employees with $20,000 help to buy first home

The Ontario-based engineering consultancy firm C.F. Crozier and Associates Inc. is going beyond offering typical benefits, such as eye, dental and mental-health care, and providing…

People Corporation acquiring B.C.-based Burton Financial

People Corporation Inc. is acquiring British-Columbia-based group benefits, retirement and insurance consulting company Burton Financial Ltd. Burton’s principals, Sean and Darla Trimble, will continue to…

  • By: Staff
  • July 2, 2021 July 15, 2021
  • 15:00

DOJ suing to block Aon’s US$30BN acquisition of Willis Towers Watson

U.S. President Joe Biden’s administration is suing to block the merger of two of the world’s largest insurance brokers, asserting the deal could eliminate competition,…

Pandemic impacting employees’ financial well-being, work productivity: survey

The prolonged coronavirus pandemic’s effect on working Canadians’ financial well-being persists, with the stress taking a toll on their savings and their productivity in the…

  • By: Staff
  • June 9, 2021 June 9, 2021
  • 09:00

Looking under the hood of jumbo transactions

The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement.…

Pensions, permanency of contract workers at heart of Nestlé strike

More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…

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CN Rail amending pension policy for same-sex couples

The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…

  • By: Staff
  • May 7, 2021 May 6, 2021
  • 09:00

Investing in low-carbon economy will pay off for pension plans

We are now in Month 14 of the coronavirus pandemic. For institutional investors like pension plans, this pandemic and its consequences highlight the reality of…

Editorial: Learning by doing during a once-in-a-century crisis

The best way to learn is by doing. And since March 11, 2020, when a pandemic was declared by the World Health Organization, we’ve all…

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Via Rail, Unifor deal increases employer contributions for hybrid pension members

The union representing Via Rail Canada Inc. employees has ratified a new agreement that will increase employer contributions for members of the company’s hybrid pension…

  • By: Staff
  • April 12, 2021 April 26, 2021
  • 09:00
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Ontario Teachers’ investing in legal tech company, supporting franchise operator’s expansion

The Ontario Teachers’ Pension Plan is getting into the legal technology business after agreeing to a strategic investment in software provider Miratech. Miratech’s legal and…

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Stock options driving loyalty, hard work among employees: study

Employees that include company stock in their overall financial planning are more loyal and have a higher output level, according to new research conducted in…

  • By: Staff
  • March 17, 2021 March 17, 2021
  • 09:00
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Pension funds saving with in-house asset management: survey

Canadian pension funds are seeing significant cost savings from in-house asset management but are still relying on external managers, according to a new survey from…

  • By: Staff
  • March 3, 2021 March 3, 2021
  • 09:00

CPPIB appointing John Graham as CEO following resignation of Mark Machin

The Canada Pension Plan Investment Board is appointing John Graham (pictured) as its new chief executive officer, following the resignation of Mark Machin. Graham was…

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Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00

Blake Hutcheson succeeds Michael Latimer as OMERS’ CEO

As reported in December 2019, Blake Hutcheson has succeeded Michael Latimer as the new chief executive officer of the Ontario Municipal Employees Retirement System, effective June…

  • December 10, 2020 March 11, 2021
  • 19:13

Mercer Canada appointing wealth business leader

Mercer Canada is appointing Teresa Palandra as leader of its wealth business. Palandra will be in charge of investment, wealth management and retirement services and solutions…

  • December 10, 2020 January 22, 2021
  • 18:57
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OMERS appointing Ingrid Chingcuanco as VP, pension operations

The Ontario Municipal Employees Retirement System is appointing Ingrid Chingcuanco as vice-president of pension operations. She joined the OMERS nearly eight years ago as director of pension policy.…

  • December 10, 2020 January 21, 2021
  • 18:56
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Proteus promoting three to senior investment consultant roles

Proteus is promoting Teimaz Binesh, Lewis Powell and Michael Scott to senior investment consultants. In their new roles, they’ll continue to provide investment consulting and governance…

  • December 10, 2020 January 18, 2021
  • 18:46