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Ontario Teachers’ appoints new CIO

Ontario Teachers’ appoints new CIO

The Ontario Teachers’ Pension Plan has appointed Bjarne Graven Larsen as executive vice president and chief investment officer (CIO), effective February 1, 2016. Graven Larsen…

Nyhart re-enrolls DC members into Russell Adaptive Retirement Accounts

Nyhart re-enrolls DC members into Russell Adaptive Retirement Accounts

Plan sponsor Nyhart Actuary and Employee Benefits (Nyhart) has re-enrolled its employees into Russell Adaptive Retirement Accounts, developed by global asset manager Russell Investments. Russell…

How global ETFs fared in 2015

How global ETFs fared in 2015

The global ETP industry gathered US$372 billion in net new assets in 2015, which represents a 10% increase over the prior record of US$338.3 billion gathered…

  • By: Staff
  • January 12, 2016 September 13, 2019
  • 09:08
Business hiring hit lowest levels since 2009: BoC

Business hiring hit lowest levels since 2009: BoC

The hiring and investment intentions of Canadian companies have fallen to their lowest levels since the 2009 recession, a new survey has found. The country’s…

Shire to buy Baxalta with $32 billion cash stock offer

Shire to buy Baxalta with $32 billion cash stock offer

Irish drugmaker Shire will pay about $32 billion in cash and stock to buy Baxalta and strengthen its position in rare disease treatments. Shares of…

This year, choose equities over fixed income: report

This year, choose equities over fixed income: report

Market volatility will continue into 2016, but investors shouldn’t be discouraged. They’ll still benefit more from equities than fixed income, and there may be some…

  • By: Staff
  • January 11, 2016 September 13, 2019
  • 09:40
Morneau wants your pre-budget input

Morneau wants your pre-budget input

Minister of Finance Bill Morneau will be crossing the country this week talking to Canadians as part of the federal government’s pre-budget consultations, but you…

  • By: Staff
  • January 11, 2016 September 13, 2019
  • 09:29
China, other Asian markets fall after Wall Street’s decline

China, other Asian markets fall after Wall Street’s decline

China’s stock benchmark plunged more than 5% and other Asian markets fell Monday as Wall Street’s decline and doubts about Beijing’s economic management kept appetite…

ROM pension members join CAAT Pension Plan

ROM pension members join CAAT Pension Plan

Members of the Royal Ontario Museum pension plan have chosen to join the Colleges of Applied Arts and Technology pension plan. The merger is the first…

  • By: Staff
  • January 11, 2016 September 13, 2019
  • 01:00
Canada adds 22,800 jobs in December, fuelled by part-time work

Canada adds 22,800 jobs in December, fuelled by part-time work

The Canadian labour force received a boost of 22,800 net jobs last month, thanks to a big gain in part-time work, Statistics Canada said Friday.…

Employers to focus on financial well-being in 2016

Employers to focus on financial well-being in 2016

By the end of 2016, 77% of employers intend to have at least one financial well-being program in place, according to a new report by…

Americans becoming more retirement ready

Americans becoming more retirement ready

People are saving more for retirement and investing more appropriately for their age, improving the overall state of retirement readiness in the U.S., according to a…

Legislative round-up: pension dates for 2016

Legislative round-up: pension dates for 2016

To stay up to date on legislative changes in the pension industry, it is important to bookmark a few key dates for 2016. January 1,…

  • By: Staff
  • January 8, 2016 September 13, 2019
  • 09:10

HOOPP’s Jeff Wendling retiring in 2025

Jeff Wendling, president and chief executive officer at the Healthcare of Ontario Pension Plan, will be retiring in 2025 after more than 25 years with…

  • By: Staff
  • September 26, 2024 September 26, 2024
  • 11:00

How are Canadian DB pension plan sponsors making use of surplus funds amid positive funded status environment?

With many Canadian defined benefit pension plans in a strong funded position, plan sponsors, particularly those with unionized workforces, are increasingly discussing the use of…

Gov’t seeking feedback on solvency reserve accounts for federally regulated DB pension plans

The federal government is currently seeking recommendations about its plan to introduce solvency reserve accounts for federally regulated defined benefit pension plans. Under the government’s…

  • By: Staff
  • September 26, 2024 September 24, 2024
  • 11:00

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00

AIMCo making key appointments to executive team as CIO steps away from role

The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her…

  • By: Staff
  • September 24, 2024 September 24, 2024
  • 15:00

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…