Monthly Archive: August 2019

Morneau Shepell announces $885 million buy-in annuity deal

Morneau Shepell announced Aug. 27 that it has purchased several buy-in annuity contracts for the Stelco Inc. Retirement Plan for Salaried Employees at Hamilton Works. The aim of the deal, valued at $885 million,...

Brooke Shields Brings New Energy To Life Insurance Campaign

Brooke Shields succeeds racecar driver Danica Patrick as the face of Life Insurance Awareness Month. Life Happens was so pleased with racecar driver and personality Danica Patrick as the face of its annual 2017...

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Product Proliferation: Don’t Let the Trends Pull You In

New SMA Blog by Karen Pauli, Principal, Strategy Meets Action — Our digital world has changed many things in a blink of an eye, it seems. I don’t need to remind you. There are...

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What Canada Life’s new one-product shelf means for advisors

Canada Life believes the move to a one-product shelf has strengthened its position in the industry and given more advisors more choice. In April, the company announced plans to amalgamate three insurers, Great-West Life,...

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When a straight life-settlement sale doesn’t make sense

Life insurance settlements can offer a compelling solution for policyholders who need quick access to cash. But in certain instances, a straight cash offer isn’t the best way to address the need for liquidity...

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Drug shortages could create an insurance tripwire for snowbirds

For Canadian health policy experts, the problem of drug shortages is certainly not new; neither are calls for an investigation into its causes. But as Canadian patients make plans to visit warmer climes this...

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Pharma industry challenges constitutionality of price-lowering regulations

Five pharmaceutical companies have filed a complaint in Quebec’s Superior Court questioning the constitutionality of new Canadian regulations that the federal government set up to lower patented drug prices. The filing was advanced last...

RBC and TD FX traders shared confidential client info: OSC

The Ontario Securities Commission (OSC) announced today that it is considering settlement agreements with both the Royal Bank of Canada and with the Toronto-Dominion Bank, concerning allegations that the bank’s foreign exchange (FX) traders...