To successfully transition a member to retirement from a DC plan requires four pillars: people, platform, product and price. Any transition should make people a…
The 2015 federal budget’s reduction of the mandatory minimum withdrawals from RRIFs and similar tax-deferred accounts will reduce the risk that many Canadians will outlive…
Many Canadians (48%) retired earlier than expected due at least partly to circumstances outside of their control, an Angus Reid poll finds.
Global alternative assets will increase to US$15.3 trillion by 2020, a PwC report predicts.
Currency, more than commodities, may ultimately determine if the Canadian economy gets its groove back, according to a Russell Investments study.
Pension plan acquires Cenovus Energy's Heritage Royalty Limited Partnership.
Sun Life Investment Management announced today that it will acquire Prime Advisors, Inc., an investment management firm specializing in customized fixed income portfolios, mainly for…
Ontario Teachers' Pension Plan has agreed to acquire Cenovus Energy's wholly-owned subsidiary, Heritage Royalty Limited Partnership (HRP), for $3.3 billion.
Insurance broker Willis Group Holdings and Towers Watson have agreed to an all-stock merger of equals transaction. The combined company will be called Willis Towers…
The financial industry is undergoing a massive transformation that will ultimately benefit investors. That’s the view Fiona Frick, CEO of Unigestion, a Swiss-based asset manager,…
Greece is on the verge of an economic collapse and its pension system is partially to blame.
Alberta's general minimum wage will increase to $11.20 per hour from $10.20 as of Oct. 1.
On the road to retirement, members must overcome five major risks: market, timing, inflation, shortfall and longevity. Plan sponsors need to be aware of these…
Victoria-based technology company Redbrick is marking the National Day for Truth and Reconciliation by educating employees on issues impacting Indigenous Canadians. Earlier in September, the…
More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by…
The Caisse de dépôt et placement du Québec is acquiring a 25 per cent stake in U.K.-based First Hydro Co. alongside Brookfield Asset Management and…
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…