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Global institutional investors increasingly shifting to ESG approach: survey

Globally, institutional investors are shifting more of their assets to an environmental, social and governance-based approach, with year-over-year increases in Canada, the U.S. and the U.K., according to a new survey by RBC Global Asset Management. Regionally, the percentage of survey respondents that reported using ESG principles “significantly” as opposed to “somewhat” rose slightly in […]

  • October 17, 2019 November 12, 2020
  • 09:15

Canadian employers expanding benefits, wellness programs: survey

As Canadian employers seek to attract and retain top talent, the majority (66 per cent) are focusing on making salaries more competitive, according to a new survey by Arthur J. Gallagher & Co. However, the survey’s respondents are aware salary isn’t everything. One-third (34 per cent) of employers said they’re upgrading their well-being initiatives to attract talent […]

  • October 17, 2019 November 12, 2020
  • 09:00

New report urges organizations to get workforce ‘age-ready’

An organization that leverages its more experienced workforce — employees aged 50 years and older — will be well-positioned for the future of work, according to a new report by Mercer. The importance of being “age-ready” is underscored for both businesses and economies, because of a rapidly aging labour force coupled with an uncertain global […]

  • October 17, 2019 November 12, 2020
  • 09:00

Caisse invests in budget hotel chain, CPPIB and PSP complete sale of medical devices company

The Caisse de dépôt et placement du Québec’s real estate arm Ivanhoé Cambridge, along with real estate manager ICAMAP, is taking over EasyHotel, a European budget hotel chain. The hotel chain, which was started by the founder of EasyJet Airline Company Ltd., targets the super-budget segment of the market. It has a total of 39 hotels […]

  • October 16, 2019 November 12, 2020
  • 15:45

Franklin Templeton names new head of institutional for Canada

Franklin Templeton Investments Corp. has appointed William Tsotsos as its new head of institutional. Tsotsos will lead the firm’s Canadian institutional business strategy, covering all facets, including sales, relationship management and consultant relations. He’ll work with Franklin Templeton’s portfolio managers, product specialists, client service and marketing teams. Read: Franklin Templeton appoints new senior managing director of […]

  • October 16, 2019 November 12, 2020
  • 15:00

Proceed with caution on asset allocation: report

Global growth slowed to three per cent on an annual basis in the middle of 2019 and is expected to remain below three per cent for the next 18 months, according to a Q4 report by Aviva Investors. “That would represent the weakest sustained period for over a decade,” the report said. “We expect all […]

  • October 16, 2019 January 5, 2021
  • 08:32

CPPIB acquiring stake in European media company

The Canada Pension Plan Investment Board is investing in Axel Springer, a European digital publisher that’s active in more than 40 countries. The investment is through the pension fund’s wholly-owned subsidiary CPPIB Europe, alongside funds advised by KKR. The offer, at 63 euros per share, was made this past June in partnership with Axel Springer’s major shareholders, Friede Springer and Mathias Döpfner, […]

  • October 15, 2019 November 12, 2020
  • 15:30

What pension issues are parties highlighting in run-up to federal election?

As the federal Conservative Party finally introduced its election platform last week, it included a number of provisions around pension plan solvency and retirement security. If elected, the party said it will mandate that all federally regulated companies report on the solvency of their pension funds. “This will give seniors the confidence that their hard-earned […]

  • October 15, 2019 November 30, 2020
  • 15:15

FSRA seeking applications for pension technical advisory committees

The Financial Services Regulatory Authority of Ontario is seeking applications for four new technical advisory committees for the pension sector. As the regulator announced in July 2019, the committees will aim to address challenges specific to defined benefit single-employer pension plans, defined contribution plans, multi-employer plans and public sector plans. Read: FSRA creates new advisory committees on pension sector matters […]

  • October 15, 2019 November 30, 2020
  • 15:00

Sun Life expanding digital offerings with disability management toolkit

Sun Life is expanding its suite of digital tools with a disability management toolkit. The new tools include virtual independent medical examination, a solution that aims to help employees on disability participate in an independent examination without leaving their home, as well as online cognitive behavioural therapy. Following a pharmacogenomics pilot project with LifeLabs Genetics and BiogeniQ […]

  • October 15, 2019 November 12, 2020
  • 10:05