While more than half of Canadians agreed tax-free savings accounts (59 per cent) and registered retirement savings plans (57 per cent) are a crucial part of their savings strategy, 27 per cent admitted they don’t know the difference between the two options, according to a new survey by TD Canada Trust. “Many Canadians have both […]
Sun Life Canada has appointed Cheryl Mallett as senior vice-president of client services, effective Feb. 17, 2020. In the newly created role, Mallett will be responsible for leading operations teams that provide direct support to the insurer’s group and retail businesses. She joins Sun Life with more than 25 years of experience in operations and […]
Over the past three years, 1,525 employers from across Canada have taken part in MindsMatter, CivicAction’s free online workplace mental-health assessment. “MindsMatter has helped neutralize the excuses for employers to take action,” said Sevaun Palvetzian, chief executive officer of CivicAction. “We’ve created an on-ramp and accelerated more supportive workplace culture and practices across Canada.” But […]
The Co-operative Superannuation Society Pension Plan is making a deal with the Co-operators Group Ltd. on a longevity insurance agreement to protect its annuity offering. “CSS is very proud to have been providing an in-plan annuity option to our members for close to 50 years,” said Martin McInnis, executive director of CSS, in a press […]
Willis Towers Watson is appointing Ofelia Isabel as its new market leader for Toronto. In her new role, Isabel will be responsible for the company’s brand in the Greater Toronto Area, delivering client solutions and managing business operations and talent development. “We’re very pleased to appoint Ofelia to this leadership role as we continue to […]
The British Columbia Investment Management Corp. is acquiring a significant minority stake in Waterlogic, a company that designs, manufactures, distributes and services purified drinking water dispensers. The investment is providing Waterlogic with capital to support growth and become a leader in bottleless workplace hydration. “We are pleased to be working alongside a talented management team […]
Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]
Index-provider FTSE Russell is launching the first government bond index of countries in the economic and monetary union of the European Union that adjusts country weights based on climate risk. The index provides a forward-looking assessment of these countries’ climate risks, such as the expected economic impact of transitioning to Paris Accord target greenhouse gas […]
The Public Sector Pension Investment Board, along with Aviva Investors, is buying Galleri K, a real estate asset in Copenhagen, Denmark. The four-story building, which includes retail and leisure space, office space, storage and parking, is currently leased to many national and international brands. The deal builds on past co-investment partnerships between PSP Investments and […]
Aon is appointing Brad Lorimer as executive vice-president and health leader in Canada. Since Lorimer joined the consultancy 13 years ago, he led several national practice groups across Canada, including the financial services group and cyber solutions. Prior to joining Aon, he worked at Chubb Insurance and and Scotiabank. “Brad has a deep knowledge of […]