Sun Life Financial Inc. is among the most sustainable companies globally for the tenth consecutive year. The 2019 ranking, published by media company Corporate Knights, is based on sustainability performance criteria…
Many defined benefit plans’ funded statuses are in relatively good territory, but with an uncertain investment atmosphere on the horizon, is now a good time…
In an increasingly challenging investment and regulatory environment, many pension plans are looking to a new model, delegating key investment management and service activities to…
Just six per cent of Canadians cited saving for retirement as a financial priority in 2019, according to a new survey by CIBC. Paying down…
As 2018 draws to a close, professionals in the pension, investment, benefits and human resources industries have a number of dates to add to their calendars for the year…
Global asset manager MFS Investment Management has appointed Edward M. Maloney as chief investment officer, effective Jan. 1, 2019. Maloney will succeed Michael Roberge, who will…
An animal welfare charity is facing legal action from a former employee who says he was fired after raising concerns about the organization’s pension investments…
In advance of the climate change conference in Katowice, Poland this month, 415 global institutional investors signed a statement reiterating their support for the Paris…
Capital allocated to sustainable, responsible and impact investing now accounts for around a quarter of total assets under professional management in the U.S., according to a new…
A few decades ago, people were concerned about the depleting ozone layer. Then, in the late 1980s, the Montreal Protocol was ratified to phase out…
Artificial intelligence is capable of improving the operations of asset managers and owners in many ways, according to a new whitepaper by Northern Trust Corp. Both…
A debate on the viability of responsible investing is bubbling underneath the reaction to a recent U.S. Senate bill, aiming to further regulate proxy voting…
Quebec’s financial market regulator is reviewing Bombardier Inc.’s executive compensation plan, calling on the plane-and-train maker to suspend all related trades just hours after Quebec’s…
Goldman Sachs Asset Management is acquiring U.S.-based Rocaton Investment Advisors in an effort to expand its retirement and advisory platform. With more than $600 billion assets…
The Canada Infrastructure Bank has named François Lecavalier as head of project development, effective Dec. 3, 2018. Lecavalier will head up a team responsible for…
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…
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…
Willis Towers Watson is acquiring Canadian investment manager Integra Capital Ltd. Following the acquisition, Integra will function as a wholly-owned subsidiary of Willis Towers Watson and…
The Colleges of Applied Arts and Technology pension plan’s plan to share its expertise with as many Canadian workers as possible nabbed it the award…
Ontario’s pension regulatory landscape has seen a number of recent changes, with many of these affecting defined contribution plan sponsors, according to one expert. Speaking at…
The Canada Pension Plan Investment Board says it isn’t yet interested in making direct investments in Canada’s newly legalized recreational marijuana industry. Michel Leduc, global head of…
The use of target-date funds is on the rise in Canada, with more members of capital accumulation plans being offered the investment option every year.…
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…
Both institutional investors and the companies they take stakes in must innovate to take meaningful action on climate change, says Hugh O’Reilly, president and chief executive…
Manulife Financial Corp. has appointed Pamela Kimmet to the role of chief human resources officer, effective Oct. 1. Kimmet most recently served as chief HR officer…