The Canada Pension Plan Investment Board (CPPIB), GIC and The Scion Group have announced that they have formed a student housing joint venture entity called Scion Student Communities LP. The joint venture, through its subsidiary, UHC Acquisition Sub LLC, has signed an agreement to acquire University House Communities Group, a student housing portfolio in the […]
As Finance Minister Bill Morneau meets with his provincial and territorial counterparts in Ottawa this weekend, it is expected that the Canada Pension Plan (CPP) will be one of the top items on the agenda, and industry organizations are weighing in on what might be coming down the pipeline. “We are unlikely to have a […]
The merger between Towers Watson and Willis, which is set to receive regulatory approval in early 2016, demonstrates the need for consulting firms to diversify their lines of business in a changing world. “It is interesting in that it reflects pressure on the traditional consulting firms that stems from the decline in their defined benefit pension business,” said […]
There has been a dramatic increase in the number of employees across the globe who are reporting serious mental and emotional health concerns, according to a new report. The report, published by Workplace Options, examined a set of data covering more than 100,000 employees across the globe to evaluate trends in the use of employee and […]
Many Canadians are sacrificing their own financial well-being to provide financial support to their children, according to a new report by BMO Wealth Canada. The report, The Family Bank – a source of comfort for everyone, found that 50% of Canadian parents with children aged 18-34 are willing to retire later than they had planned. A […]
Just 37% of North American employers said their performance management programs are effective, according to research by Towers Watson. Yet only a quarter (26%) of respondents said their managers and employees are satisfied with the process, while half agreed that employers and managers don’t spend enough time on performance management. “For many organizations, performance management […]
The deadline for filing amendments with respect to British Columbia’s Pension Benefits Standards Act (PBSA) has been extended by three months. Pension plan amendments required to comply with the legislation were to be filed with the Superintendent of Pensions by December 31, 2015, but the extra three months will provide until March 31, 2016. Similarly, […]
Digital health technology is growing in popularity, as a new survey has found that almost half (47%) of adults in the UK would be happy to be diagnosed remotely rather than face-t0-face with a doctor. Aviva’s latest Health Check UK report found that the growing appetite for digital health technology, which includes wearable health monitors, […]