BE Responsive Newsletter

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HOOPP returns 9.38% for 2023, driven by equities, fixed income

HOOPP returns 9.38% for 2023, driven by equities, fixed income
The investment organization finished the year with $112.6 billion in net assets, compared to $103.7 billion and a return of negative 8.6% at the end of 2022.

Global pension assets up 11% in 2023: report

Global pension assets up 11% in 2023: report
This growth was attributed to stronger capital market performance, including a 16.6% return for a reference 60/40 balanced portfolio, according to a report by WTW's Thinking Ahead Institute.

Manitoba government could boost security for remote work: Auditor General

Manitoba government could boost security for remote work: Auditor General
About 30% of Manitoba's government employees who began working remotely during the pandemic hadn't completed mandatory technology training on issues such as phishing and potential threats from flash drives, according a report by the province's auditor general.

Pension funds end Q4 2023 with positive results driven by equities, fixed income: report

Pension funds end Q4 2023 with positive results driven by equities, fixed income: report
Canadian equities, measured through the S&P/TSX composite index, returned 8.1%, while the MSCI world index posted a return of 8.7%, according to the performance universe of pension managers’ pooled funds from Telus Health.

Hub International acquiring London, Ont.-based Zavitz Insurance

Hub International acquiring London, Ont.-based Zavitz Insurance
Zavitz Insurance, which provides group employee benefits, living benefits, life insurance services and financial and retirement planning, is the latest acquisition by Hub over the last few years.

OPB working with employers to receive salary information of employees impacted by Bill 124

OPB working with employers to receive salary information of employees impacted by Bill 124
Plan members who are still working can see the changes reflected on the digital portal pension estimator once the retroactive changes are reported and the OPB will contact retired plan members if a recalculation of their pension benefits is required.

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