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…
Latest news in Other
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
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…
- By: Lauren Bailey
- July 12, 2021 July 12, 2021
- 09:00
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,…
- By: The Associated Press
- June 17, 2021 June 17, 2021
- 09:15
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.…
- By: Brent Simmons
- May 11, 2021 May 12, 2021
- 09:53
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…
- By: Lauren Bailey
- May 7, 2021 May 7, 2021
- 09:15
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…
- By: Jaqui Parchment
- April 27, 2021 April 30, 2021
- 09:00
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…
- By: Melissa Dunne
- April 16, 2021 April 25, 2021
- 09:00
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
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…
- By: Michael McKiernan
- April 1, 2021 April 25, 2021
- 13:12
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
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…
- By: The Canadian Press, with files from staff
- February 26, 2021 March 11, 2021
- 18:33
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
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
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
Playing defence when it comes to investment governance
In the world of pensions, endowments and foundations, members of governing boards and investment committees are trusted with oversight of pools of capital with significant…
- By: Emerson Savage
- July 17, 2019 January 9, 2021
- 09:59
Mercer Canada appoints new wealth practice heads
Mercer Canada has appointed new heads for its wealth practices in Toronto and Quebec. Todd Nelson is the firm’s new wealth leader for its Toronto…
- By: Staff
- May 22, 2019 September 19, 2019
- 15:00
CAPSA issues guidance on annuity quotes for pension solvency, hypothetical windup liabilities
Generally, when a pension plan goes through a solvency or hypothetical windup valuation, the actuaries will value some of the expected liabilities as commuted lump-sum…
- By: Yaelle Gang, the Canadian Investment Review
- May 15, 2019 September 19, 2019
- 09:33