Segal Consulting has opened an office in Edmonton to serve clients in Western Canada.
Xerox has purchased Toronto-based CPAS Systems, which provides pension administration software to the private and public sectors.
Only a few years ago, it was standard practice for Canadian employers to spread the love around when it came to working with HR consultants. They would have different providers for pension and health benefits consulting, as well as for employee communication, administration, compensation and other services. More recently, organizations have demonstrated an increased willingness to partner with a single consultancy for multiple services.
Evolving demands require consultants to be smarter, more collaborative and increasingly results-focused. We asked Sarah J. Beech, president of Pal Benefits, to provide some pointers for junior consultants.
Many Canadian employers that weathered the economic downturn have surfaced with a more cautious attitude. They are often more cost-conscious and risk-averse.
Finding the right benefits consultant is as important a task as selecting your firm’s lawyer or accountant. These professionals play an integral role in the direction your company takes and help to ensure the long-term sustainability of your most precious resource: your people.
My previous article examined three themes—investment consultant expertise, service models/service delivery and retention of professional staff—in the context of questions to include when creating a request for proposal (RFP) for institutional investment consulting services.
Institutional investors often hire consultants to provide expertise in writing requests for proposals (RFPs) for services required by the institution, as well as to access consultants’ knowledge of investment managers, recordkeepers, custodians and actuarial service providers.
We’ve seen consolidation across a range of service providers in recent years, including insurers and custodians. Now it’s the consultants’ turn. Towers Perrin and Watson Wyatt joined forces to form Towers Watson (14,000 employees globally), completing the transaction in January 2010. And in October 2010, Aon Corporation completed its acquisition of Hewitt Associates to create […]
Since it was founded last year, benefits and pension advisory firm Groupworks Financial Corp. has purchased Buffett Taylor and The Investment Guild, gone public and recently acquired Gallivan & Associates. CEO Derrick March speaks about the company’s future. What are Groupworks’ goals? DM: We want to be the leading consolidator of the independent pension and […]