Canadian institutional investors are prioritizing efficient access to liquidity and high-quality brokerage services in the domestic equity market, according to a new report from Crisil Coalition Greenwich. It found the average estimated total Canadian cash equity spend grew five per cent up from $450 million in 2023 to $475 million in 2024, noting Canadian trading […]
The Ontario Municipal Employees’ Retirement System is closing a new offering of term notes worth US$1 billion. The notes, which carry a five-year maturity rate, are priced at a yield of 4.43 per cent. The offering represents the ninth offering by the OMERS using U.S. currency as sovereign, supranational and agency bonds issuer. The offering […]
The pension risk transfer market achieved a record-breaking demand with $11 billion in deals at the end of 2024, according to a new report from Telus Health. The year-end total from 2024 eclipsed the $7.8 billion total worth of annuities transaction volume seen in 2023 and 2022. The fourth quarter saw $5.2 billion worth of […]
Three-quarters (76 per cent) of U.K. employers offer alternative cash benefits to high earners in lieu of pension contributions, according to a new survey by WTW. From April 6, 2024, the U.K. government abolished the lifetime allowance from pension tax legislation, limiting the total amount of tax-free cash an individual can receive to a maximum […]
The union representing workers at Nestle’s London, Ont. ice cream production facility ratified a new three-year agreement that includes pension and benefits gains. The agreement includes an additional $100 for vision care that can be used for eye exams, as well as $1,500 per year in paramedical coverage that can be used in any combination. […]
An article on how employers can support employees’ mental health amid the ongoing threat of U.S. tariffs was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Communication of benefits, transparency keys to supporting employee mental-health amid tariff dispute: […]
While two-thirds (67 per cent) of U.K. employers say their benefits package has had a positive impact on the overall well-being of employees, fewer than a third (31 per cent) of employees agree that their benefits package has allowed them to proactively look after their health and well-being, according to a new survey by consultancy […]
While more than two-thirds of Canadian employers expect wages to increase in 2025 compared to last year, more than half (57 per cent) fear it won’t be enough to prevent employees from leaving for better wages and benefits elsewhere, according to a new survey by the Harris Poll on behalf of Express Services Inc. The […]
The Ontario Municipal Employees’ Retirement System is appointing Alexander Fraser as executive vice-president and global head of private equity, effective March 17. He’ll succeed Michael Graham, who retired from the position earlier this year, and will oversee the OMERS’ global private equity business, which manages roughly $27.5 billion in assets. Most recently, Fraser was a […]
The Public Sector Pension Investment Board is buying a 7.51 per cent ownership stake in the 407 Express Toll Route from the Canada Pension Plan Investment Board. The price for the strategic stake in the Greater Toronto Area highway asset will cost roughly $2.39 billion payable at closing and a deferred payment to be made […]