The Supreme Court of Canada has ruled in favour of a federal law that prohibits third parties, including insurance companies, from requiring individuals to submit genetic information. The law, Bill S-201, was introduced in...
The Life Insurance and Annuities Committee voted unanimously over vociferous objections to adopt language proposed by the American Council of Life Insurers to shore up Actuarial Guideline 49. Regulators conceded that the changes might...
Staff | July 10, 2020 RBC Insurance is offering additional mental-health resources for plan sponsors and their members. The free resources include therapist-assisted online cognitive behavioural therapy through AbilitiCBT, as well as a series of manager...
Staff | July 10, 2020 The Canada Pension Plan Investment Board is leading a new tranche of financing for animal-free dairy maker Perfect Day Inc. The financing marks an expansion of Perfect Day’s series C financing...
Staff | July 10, 2020 Canada’s 11 largest pension funds should be able to maintain their current credit ratings through ongoing market turmoil, according to Fitch Ratings Inc. Nevertheless, return expectations are under significant pressure from...
Two-thirds (67%) of Americans say that the pandemic has been a wake-up call for them to reevaluate their finances, according to a new study by Life Happens, a nonprofit dedicated to educating consumers about...
Staff | July 10, 2020 The coronavirus pandemic has prompted a spike in the use of prescription medication for mental-health concerns, according to an analysis by Express Scripts Canada. The analysis found an 11 per cent...
Yaelle Gang, the Canadian Investment Review | July 10, 2020 The coronavirus crisis may be a signal for some pension plan sponsors that it’s time to revisit their appetite for risk. A typical asset-liability study involves...
Staff | July 10, 2020 With its recent acquisition of environmental, social and governance data analytics provider Sustainalytics, Morningstar Inc. is taking aim at the disparate ESG disclosure requirements still hampering the investment industry. In a recent...
The COVID-19 pandemic has weighed heavily on Canadians not just in terms of their income and physical health, but also their mental well-being. That’s the forgone conclusion based on the findings of new research...