Global insurance brokerage Hub International Ltd. has acquired the shares of GMS Insurance (SWO) Inc., a Kitchener, Ont.-based benefits consulting firm. Providing services to the southwestern Ontario and greater Toronto area, GMS Insurance works with a number of companies ranging from small startups to large national or international organizations. The company didn’t disclose the terms […]
Aon Hewitt has developed a series of 10 questions for pension trustees to use to make sure they’re getting the most out of their relationships with advisors. Applicable to both defined benefit and defined contribution plans, the questions are part of an effort to create tools trustees can use to perform their responsibilities with greater confidence, […]
Aon has completed its acquisition of the Townsend Group, a U.S.-based investment management and advisory service provider with a focus on real estate and real assets. “We are excited to welcome the Townsend organization into Aon and further enhance our investment solutions in areas that are of increasing importance to our clients,” said Cary Grace, chief executive officer […]
A consultant’s role was historically a passive one, says Martin Leclair, who recently left a role at Toronto-based consulting firm Proteus Performance Management. The consultant’s role centred on the various aspects of developing pension and benefits plans for employers, from choosing fund offerings and implementing target-date options and automatic enrolment to decisions about formularies, step […]
People Corp. has acquired Sirius Benefit Plans Inc. for $15 million. Winnipeg-based Sirius Benefits administers the employee benefit programs for several thousand small- and medium-sized companies across Canada and has relationships with more than 250 third-party brokers. Read: People Corporation makes acquisition “The opportunity to add a ‘home-grown’ Winnipeg-based firm to the People Corporation family, […]
Insurance broker Willis Group Holdings and Towers Watson have agreed to an all-stock merger of equals transaction. The combined company will be called Willis Towers Watson.
We live in a digital age where we are bombarded by information at lightning speed. For many of us, it’s a struggle just to get through all of our email each day. But technological advancement also means better access to data, automation of laborious manual processes and outsourcing of HR functions so that companies can focus on their core business.
Buck Consultants has adopted the Xerox brand.
Mercer has entered into a definitive agreement to acquire a 34% stake in South Africa-based Alexander Forbes Group Holdings Ltd. for an undisclosed amount.
Julie Holden has assumed the role of absence and disability management leader, health and productivity, at Buck Consultants.