Kelsey Rolfe | June 8, 2020 The City of Toronto has launched a social debenture framework to fund investments in affordable housing, transit and other basic infrastructure, access to essential services and other projects that benefit marginalized and...
Manulife and John Hancock, its U.S. subsidiary, have declared Friday, June 19 as a “Thank You Day” off for their more than 35,000 employees as a token of appreciation for their hard work in...
Staff | June 5, 2020 Canadian employment numbers rose by 290,000 in May, or a 1.8 per cent increase on the previous month, as provinces started to reopen their economies, according to new data from Statistics...
New SMA Blog by Mark Breading, Partner, Strategy Meets Action — In the real estate market, it is often said that the three most important factors are location, location, and location. A similar argument...
George Nichols III, president and CEO of American College of Financial Services George Nichols knows that when he does his four- to five-mile walk every day, he is not the president of The American...
A state regulator task force took another step Thursday toward agreement on rule changes designed to rein in index universal life insurance illustrations. In another “straw poll” vote, Life Actuarial Task Force members buried...
Staff | June 5, 2020 The Local Authorities Pension Plan is reporting a $3.4-billion loss in an “exceedingly difficult” first quarter, reducing the size of the fund by 6.5 per cent. The LAPP reported $47.2 billion in assets...
Staff | June 5, 2020 While some defined contribution pension plan members may push their retirement plans back because of market turmoil caused by the coronavirus, others won’t be willing to do so. Those soon-to-be retirees...
Ownership of life insurance might have declined in the U.S. over the past decade, but shifts in consumer demand and preferences could create an opportunity for the industry to turn that trend around. In...
Staff | June 4, 2020 The Investment Management Corp. of Ontario is adding €250 million to its previous investments in euNetworks Group Ltd., a European bandwidth infrastructure company. The cash injection is set to fund the company’s further...