The merger between Towers Watson and Willis, which is set to receive regulatory approval in early 2016, demonstrates the need for consulting firms to diversify their lines of…
If you were hoping for a smooth ride through 2016, you’re unlikely to get your wish. That and more from HSBC Global Asset Management’s 2016…
There has been a dramatic increase in the number of employees across the globe who are reporting serious mental and emotional health concerns, according to…
The new Liberal government in Newfoundland and Labrador is dropping an effort to collect on pension overpayments to more than 400 people. The pensioners had…
BlackBerry shares are getting a boost in pre-market trading from a quarterly report showing the smartphone company’s revenue was above expectations and its loss was…
Market wasn't surprised at all.
Yesterday’s 25-basis-point rate hike by the U.S. Federal Reserve’s didn’t surprise markets. What did was how many hikes are expected to occur in 2016 and 2017,…
A vote of confidence. That’s what people are calling yesterday’s move on interest rates by the U.S. Federal Reserve. The quarter-point uptick is the first hike…
Many Canadians are sacrificing their own financial well-being to provide financial support to their children, according to a new report by BMO Wealth Canada. The…
Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and…
Just 37% of North American employers said their performance management programs are effective, according to research by Towers Watson. Yet only a quarter (26%) of…
Read updated story The Fed is poised to raise short-term interest rates for the first time in nearly a decade. A rate hike will be…
The deadline for filing amendments with respect to British Columbia’s Pension Benefits Standards Act (PBSA) has been extended by three months. Pension plan amendments required…
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…
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…
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…
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…
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…
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…