The president and chief executive officer of the C.D. Howe Institute is once again urging the federal government to raise the contribution limits for savers in defined contribution pension plans and registered retirement savings plans. In a letter to Minister of Finance Bill Morneau, Bill Robson referred to a paper he wrote last year in […]
Jordan Fremont is relocating his pension, benefits and executive compensation practice to Bennett Jones LLP. For the past 15 years, he’s practiced at Hicks Morley Hamilton Storey Stewart LLP, most recently as a partner. In his work, he provides employers, plan administrators and service providers with strategic and practical advice on matters involving plan design, compliance, governance, […]
Buck is launching a three-part digital human resources product that aims to help employers create a consolidated experience for their plan members, drive behavioural change and raise employee satisfaction while creating a healthier employee population and increased productivity. “A more personalized employee experience combined with advanced analytics and decisioning tools are critical to the success […]
Schroders Investment Management Ltd. is naming Michelle Skelly as its new head of Canada. Skelly joined Schroders in 2007 and has served as institutional sales director in Canada since 2012. “North America continues to be an area of growth for Schroders and I am pleased to have Michelle Skelly lead our efforts in Canada,” said […]
The Canadian Securities Administrators is releasing guidance for public companies on reporting the material risks that climate change poses to their businesses. The guidance aims to help public companies meet regulatory requirements and “inform investors about the sustainability of their business model and to provide insights into how they are mitigating and adapting to these risks,” the […]
Schroders Investment Management Ltd. is naming Michelle Skelly as its new head of Canada. Skelly joined Schroders in 2007 and has served as institutional sales director in Canada since 2012. “North America continues to be an area of growth for Schroders and I am pleased to have Michelle Skelly lead our efforts in Canada,” said […]
On Friday, the federal government announced the final amendments to the Patented Medicine Prices Review Board regulations, estimating the reforms will save Canadians about $13 billion in the next decade and lay the foundation for national pharmacare. The amendments, which were put forward by the government in a consultation in May 2017, include an update […]
The Caisse de dépôt et placement du Québec is making a share capital investment in Quebec-based Golf Avenue. The investment will allow the online pre-owned golf equipment retailer to continue its U.S. and European expansions, add new technology to its digital platforms and increase its offerings by launching a platform dedicated to cycling equipment, according to […]
Despite a lull in the first half of the year for private capital secondaries fundraising, the second half of the year looks promising, according to a new report by Preqin Ltd. In the first half of 2019, seven funds held a final close securing $2.4 billion from investors. This compares to when funds raised $14 […]
Global market volatility drove Canadian defined benefit pension plans’ median returns lower in the second quarter of 2019, according to BNY Mellon Asset Management Canada Ltd. and RBC Investor and Treasury Services. Among the 84 Canadian corporate, public and university pension plans in BNY Mellon’s tracking service, the quarterly return was just 2.34 per cent, compared to […]