There’s nary a bull or bear to be seen on Bay Street these days. That’s because we’re in a sideways market. That was the message Kim Shannon, president and chief investment officer of Sionna Investment Managers, presented at the firm’s Financial Market Review in Toronto yesterday.
In a way, Frank Swedlove is in the security business. Indirectly, he helps Canadians with life, health and retirement issues as president of the Canadian Life and Health Insurance Association (CLHIA), a trade organization for insurers across the country.
Over the years, employers have done a lot to improve the health and safety of employees in the workplace—but the mental health side of the house has been left out, says Dr. Heather Stuart, a professor in the Department of Community Heath & Epidemiology at Queen’s University.
On Dec. 8, 2008, Bernie Madoff—then chair of Bernard L. Madoff Investment Securities LLC—was arrested after admitting that the hedge fund part of his business was an elaborate Ponzi scheme (a fraudulent operation in which early investors are paid with money from later investors).
Liability driven investment (LDI) can help DB pension plans match their assets to their liabilities. But it’s not an approach adopted by every plan.
When it comes to DC investment issues, plan sponsors need to think about their members first. That was the message Marcus Turner of Towers Watson stressed yesterday at the ACPM’s Ontario Regional Council spring session—The New Normal for Investments and Other Updates—in Toronto.
In 2009, in partnership with Sun Life Financial Canada, the US$14.4-billion manufacturer of automotive safety systems began offering online health risk assessments (HRAs) and biometric screenings north of the 49th to its roughly 500 salaried and non-union hourly employees at the Midland, St. Catharines, Tillsonburg, Windsor and Woodstock, Ont., plants.
In August 2006, President George W. Bush signed the Pension Protection Act (PPA) into law. For Douglas Fisher, senior vice-president of benefit policy development and thought leadership, workplace investing, with Fidelity Investments, it was a proud moment.
What does the “new world order” mean for individual investors? Colin Ripsman, vice-president with Phillips, Hager & North, delved into that question at the firm’s trustee education seminar last week in Toronto.
Historically, equities have offered long-term returns, compared with other assets. This is known as the equity risk premium. The problem for investors nowadays is that equity returns are volatile.