Fiera Properties Ltd., the real estate management investment firm and affiliate of Fiera Capital Corp., has appointed Peter Cuthbert, Blair McCreadie and William Secnik to its investment management team. Peter Cuthbert, who has been with Fiera Properties since 2012, has been appointed chief operating officer, expanding his responsibilities to include the enhancement of the firm’s […]
“It would take me the entire hour to get rid of all the trigger points along your spine,” the massage therapist tells me during a recent visit to a Toronto clinic. I mumble surprise into the face pillow and agree she should focus on the knots in my shoulders. As she kneads, she casually suggests […]
Sun Life Financial has appointed Rachel McNeill-Thompson as assistant vice-president of marketing and communications and Jean-Michel Lavoie as assistant vice-president of product development in its group benefits team. Since joining Sun Life in 2012, McNeill-Thompson has held a number of roles, including assistant vice-president of marketing and communications for group retirement services and director of […]
Alberta Teachers’ Retirement Fund Board, along with Axium Infrastructure and Manulife Financial, have acquired Samsung Renewable Energy’s one-third interest in the K2 Wind Facility near Goderich, Ont. Read: ATRF chooses new CEO Pattern Energy Group and Capital Power Corporation each hold one-third interest as well. K2, a 270 megawatt wind power facility, consists of 140 wind […]
Group registered retirement savings plans were in the hot seat when the Ontario government declared they wouldn’t be comparable for the purposes of the Ontario Retirement Pension Plan. But now that Ontario is backing away from the ORPP after the June agreement to enhance the Canada Pension Plan, what’s the impact on group RRSPs? The […]
Investors tend to rely too heavily on fixed income to pad returns. While it’s true we’ve been spoiled for 30 years – falling yields have pushed bond prices higher – fixed income is meant to balance out a portfolio’s ups and downs and provide some regular yield. It’s not meant to give assets an equities-like […]
Canada, British Columbia, Nova Scotia, Quebec and Saskatchewan have signed a multilateral agreement on pooled registered pension plans and voluntary retirement savings plans which came into effect on June 15, 2016. The provinces have respective PRPP legislation that allows licensed administrators to offer pooled registered pension plans to eligible employees. Read: Ontario Budget: Province to […]
Employers are quite satisfied with their health benefits offerings for prescription drugs (81 per cent), basic dental coverage (78 per cent) and paramedical services (74 per cent), the 2016 Sanofi Canada Healthcare Survey found. When it comes to vision care and major dental services, however, plan sponsors’ satisfaction rates plummet to 15 per cent. That’s primarily […]
Boosting productivity is the top goal of providing a health benefit plan, according to 64 per cent of employer respondents to the 2016 Sanofi Canada Healthcare Survey. The survey found employers also implement health benefit plans to maintain employee satisfaction (60 per cent), attract and retain employees (60 per cent), and take care of catastrophic […]
Two-thirds (66 per cent) of employer respondents have increased their benefits spend over the past three years, according to the 2016 Sanofi Canada Healthcare Survey. The main reasons for spiking benefits costs, according to the survey, are more expensive drugs (54 per cent) and more plan members making drug claims (40 per cent), including for biologics […]