Morneau Shepell Ltd. is rebranding under the name LifeWorks Inc. The company announced its intention to rebrand in March, which was subsequently approved by its shareholders following a vote at the company’s annual meeting on May 14. Read: Morneau Shepell rebranding as LifeWorks “By connecting the two words — life and work — the purpose of our organization is made […]
The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement. GM Canada joins a growing list of plan sponsors who’ve purchased sizeable annuities in the last few years: Stelco Inc. ($885 million), Alcoa Corp. ($750 million), Rio Tinto Group ($560 […]
Morneau Shepell Ltd. is rebranding as LifeWorks Inc., subject to approval by the company’s shareholders. “While the Morneau Shepell name has ably served our company through many years of profitable market and geographic expansion, we believe our next stage of growth will require more focus on branding that the new name is intended to support,” said […]
Anyone flipping through a prospectus for an employer’s defined contribution pension plan or group registered retirement savings plan will notice a recurring theme when it comes to statements on investment fees: “Better than retail!” they might as well scream. It’s a familiar refrain from both capital accumulation plan sponsors and providers trumpeting the lower rates […]
The current market environment isn’t like a regular market correction, but more like a natural disaster, says Joseph Connolly, vice-president of asset and risk management at Morneau Shepell Ltd. In the current context, investors should be doing more monitoring and looking at more timely data because mid-month or mid-quarter results may be stale. “We’re definitely […]