Willis Towers Watson has completed its acquisition of Integra Capital Ltd., a Canadian investment management company. “Our multiyear partnership with Integra Capital has been successful in delivering exceptional delegated solutions to clients,” said Kemp Ross, global head of delegated investment solutions at Willis Towers Watson. Read: Willis Towers Watson to acquire Canadian investment manager Following the […]
Eckler Ltd. is acquiring independent financial wellness company Employee Financial Well-being. Since 2011, Employee Financial Well-Being has provided financial education and training to employees across Canada. In a press release, Eckler said there’s a need to increase unbiased education as Canadians are presented with benefits that require them to make decisions. “Eckler’s acquisition of EFW is another […]
Great-West Lifeco Inc. has signed a deal to sell its U.S. annuity and individual life insurance businesses to a subsidiary of Protective Life Corp. for $1.6 billion. Paul Mahon, president and chief executive officer at Great-West Life, says the deal will let the company focus on retirement and asset management markets in the U.S. Protective Life […]
Hub International Ltd. is acquiring TRG Group Benefits and Pensions Inc., an employee benefits consultancy based in Vancouver. Rob Taylor, managing director of TRG, will be executive vice-president of employee benefits at Hub. Read: Hub International acquires Rise People’s benefits practice Hub International has been expanding its employee benefits assets in Canada, acquiring 13 employee benefits and pension brokerages […]
Hub International Ltd. is acquiring the employee benefits practice of Rise People Inc. Based in Vancouver, Rise offers an online platform of human resources, time tracking, payroll and benefits administration tools to Canadian employers. As part of the acquisition, Hub will begin offering Rise People’s services to its clients. Jesse McNeil, director of group benefits at Rise People, […]
The Ontario Municipal Employees Retirement System’s real estate arm is investing $3.3 billion to acquire a portfolio of 19 office buildings across Australia. Oxford Properties Group and Investa Property Group, the Australian company that currently owns the properties, will jointly manage the office portfolio. “Oxford invests for the long term in global gateway cities with a […]
U.S.-based brokerage Arthur J. Gallagher & Co. is acquiring Canadian benefits, retirement and compensation consulting firm Accompass Inc. The acquisition will provided the Toronto-based consultancy with Gallagher’s tools and resources, noted a press release. For Gallagher, the move will facilitate the expansion of its business capabilities in Canada. Sarah Beech, president of Accompass, will continue to lead the Accompass team. […]
Mercer has completed the previously announced acquisition of Pavilion Financial Corp.’s investment consulting, alternatives consulting and wealth management operations. “We’re thrilled to be welcoming Pavilion to the Mercer family,” said Jean-Philippe Provost, senior partner and wealth business leader at Mercer Canada, in a press release. The deal will expand Mercer’s tools, research and investment programs, he said. ”Adding [Pavilion’s] strengths […]
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 under advisement, Rocaton offers services to institutional clients including retirement plans. Its team will continue to be headquartered in Norwalk, Conn. following the transaction closure in the first half of 2019. Read: Hub […]
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 organizations, trusteed plans, public plans, foundations and endowments. “Proteus is considered among the leaders in the field of governance and investment consulting, and prides itself in providing trusted advice to […]