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Pension funds comprise more than half of world’s largest asset holders: report

The Canada Pension Plan Investment Board is one of the top 20 asset owners in the world, at US$283.45 billion, making it one of the…

  • By: Staff
  • November 14, 2018 January 13, 2021
  • 15:30
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What do the U.S. midterm results mean for institutional investors?

The political congestion likely to stem from the United States’ midterm election results has equally mixed implications for equity markets, with Democrats taking a majority in the…

Veterans owed $165 million due to accounting error in disability pensions

Veterans owed $165 million due to accounting error in disability pensions

An accounting indexation error by Veterans Affairs Canada has deprived thousands of veterans of indexation increases to their monthly disability pension, according to Canada’s veterans…

  • By: Staff
  • November 5, 2018 September 13, 2019
  • 15:30
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CPPIB to partner with science-based seeding platform

The Canada Pension Plan Investment Board is partnering with the Creative Destruction Lab to deepen its knowledge of cutting-edge technologies. Founded by Ajay Agrawal, a…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 15:15
With a new leader, is Brazil open for business or more volatile?

With a new leader, is Brazil open for business or more volatile?

A contentious election in Brazil that’s held the attention of the global investing community came to a conclusion on Oct. 28, 2018, with far-right congressman Jair…

  • By: Staff
  • November 5, 2018 September 13, 2019
  • 09:15

Hub International acquires Proteus Performance Management

Hub International Ltd. is acquiring Proteus Performance Management Inc. Headquartered in Toronto, Proteus provides specialized pension plan governance and investment consulting to corporate plan sponsors, not-for-profit…

  • By: Staff
  • November 5, 2018 January 13, 2021
  • 09:06
Which countries rank highest for optimism about retirement readiness?

Which countries rank highest for optimism about retirement readiness?

Measuring happiness has a role to play in determining the success of retirement solutions and their outcomes, according to a new global survey by State…

  • By: Staff
  • October 26, 2018 September 13, 2019
  • 08:45
CPPIB creates new chief technology, data officer role

CPPIB creates new chief technology, data officer role

The Canada Pension Plan Investment Board has appointed Kelly Shen as senior managing director and chief technology and data officer. “Together with her team, Kelly will further…

  • By: Staff
  • October 24, 2018 September 13, 2019
  • 15:45
Canadian responsible investments surpass $2 trillion AUM: report

Canadian responsible investments surpass $2 trillion AUM: report

Canadian investment managers had $2.1 trillion in assets using responsible investment strategies as of Dec. 31, 2017, a major jump from $1.5 trillion at the end…

  • By: Staff
  • October 24, 2018 January 13, 2021
  • 09:00
Why people are hard-wired to make bad financial decisions

Why people are hard-wired to make bad financial decisions

The average Canadian isn’t rational about money, according to a personal finance expert speaking at the 2018 Defined Contribution Investment Forum in Toronto in September.…

The real reason some staff don’t contribute to workplace savings plans

The real reason some staff don’t contribute to workplace savings plans

Take the free money. This is my regular mantra for employees in employer-sponsored retirement plans. But many employees don’t enrol in company-sponsored plans or don’t take the…

  • October 16, 2018 September 13, 2019
  • 08:30

CPPIB highlights efforts to encourage women on boards in sustainability report

The Canada Pension Plan Investment Board is emphasizing the issue of gender composition on investee companies’ boards in its latest sustainable investing report. With this fifth area…

  • By: Staff
  • October 15, 2018 January 13, 2021
  • 10:27
OMERS appoints new manager of pension policy

OMERS appoints new manager of pension policy

The Ontario Municipal Employees Retirement System has appointed Enrico Persicone as manager of pension policy. Previously, Persicone worked as a senior manager for BMO Canada’s pension program for…

  • By: Staff
  • October 10, 2018 September 13, 2019
  • 09:00
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Fintech deal kicks off Caisse’s equity partnership with Generation Investment

The Caisse de dépôt et placement du Québec is teaming up with Generation Investment Management to acquire General Atlantic’s and H.I.G. Capital’s investment in FNZ, a…

  • By: Staff
  • October 9, 2018 January 13, 2021
  • 10:31
Amazon to cut bonuses, stock benefits as it raises wages

Amazon to cut bonuses, stock benefits as it raises wages

Amazon made a big splash this week with its $15 an hour minimum wage announcement, but lost in the fine print: Existing warehouse workers will…

N.S. auditor general report highlights troubling state of teachers’ pension plan

N.S. auditor general report highlights troubling state of teachers’ pension plan

A report from Nova Scotia’s auditor general is once again highlighting the “troubling” state of the Nova Scotia teachers’ pension plan, which is 78.4 per cent funded…

Mercer and Morningstar to create new institutional data platform

Mercer and Morningstar Inc. are teaming up to create a digital platform for institutional investment manager data, performance analytics and qualitative research. “Investors and their advisors do not…

  • By: Staff
  • October 2, 2018 January 13, 2021
  • 14:30

Building a diverse workforce a major challenge in the investment industry

While more than half (53 per cent) of investment managers believe the business case for developing a diverse workforce is either strong or very strong, many…

  • By: Staff
  • October 1, 2018 January 13, 2021
  • 08:45
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Neiman Marcus debtholder calls out CPPIB for asset transfer

One of Neiman Marcus Group Ltd.’s debtholder believes the company could be in default based on a transaction involving the Canada Pension Plan Investment Board. Marble…

Ontario Teachers’ appoints managing director of technology infrastructure

Ontario Teachers’ appoints managing director of technology infrastructure

The Ontario Teachers’ Pension Plan has named Steve Buck as its new managing director of technology infrastructure. In the role, Buck will be responsible for…

  • By: Staff
  • September 18, 2018 September 13, 2019
  • 09:57
Postmedia threatens to lock out staff if new benefits, pension offer rejected

Postmedia threatens to lock out staff if new benefits, pension offer rejected

Postmedia Network Inc. has told Ottawa Citizen and Ottawa Sun staff that it will lock out union employees starting Monday if they reject or refuse…

Rising cost of drugs, benefits plans top priorities for employers: survey

Rising cost of drugs, benefits plans top priorities for employers: survey

The escalating cost of drugs and benefits plans are among the top priorities for Canadian employers, according to a new survey by Aon. The survey, which polled nearly 200 Canadian plan sponsors…

  • By: Staff
  • September 7, 2018 September 13, 2019
  • 09:15
Mercer adds two new executive roles

Mercer adds two new executive roles

Mercer is making some changes to its executive suite, with two newly created global roles. Martine Ferland, the company’s former president of Europe and Pacific and co-president of…

  • By: Staff
  • September 7, 2018 September 13, 2019
  • 09:01
Women in Canada’s pension, benefits industry discuss careers, pay equity and mentorship

Women in Canada’s pension, benefits industry discuss careers, pay equity and mentorship

Women made up nearly half (47.7 per cent) of Canada’s workforce in 2016, according to figures from Statistics Canada, marking a noteworthy rise on 1976’s…

Sounding Board: How the APS Corp. uses analytics for more efficient pension services

Sounding Board: How the APS Corp. uses analytics for more efficient pension services

Three years ago, the Alberta Pensions Services Corp. was facing a bitter fact. Though one of our key corporate goals is to begin paying benefits…