Former employees of Nortel Networks in Canada are looking to reclaim their share in the allocation of the company's global estate, but only on a fair and equitable basis.
CIBC Mellon has again earned the title of Custodian of the Year: Canada at the Custody Risk Americas Awards.
Spending by Canadians on private health insurance has more than doubled over the past 20 years, but a study published in CMAJ (Canadian Medical Association Journal) finds that insurers paid out a rapidly decreasing proportion as benefits.
CIBC Mellon has been named the top sub-custodian operating in a major market in the Americas by Global Custodian magazine.
Millennials display low levels of financial literacy, engage in problematic financial behaviours and express concerns about their debt, according to a FINRA Investor Education Foundation study.
The Canadian Life and Health Insurance Association welcomes the announcement of a free-trade agreement between Canada and South Korea.
We keep hearing about institutional investors’ shift from traditional asset classes to alternatives such as hedge funds and real estate. But this march is actually old news. Towers Watson’s 2013 Global Pension Assets Study shows that Canadian pension plans’ allocations to alternatives were only 6% in 1999 but hit 23% in 2012.
One-third of Americans who participate in an employer-sponsored retirement plan say they are not familiar with the investment options in their plan, according to a survey by TIAA-CREF.
Dan Fishbein, M.D., will become the new president of Sun Life Financial's U.S. business in April.
General Electric Canada has selected CIBC Mellon to provide custody, fund accounting and benefit payment services for its trusteed pension funds.