Search results
Results From The WOW.Com Content Network
RBC Centre, also known as the RBC Dexia Building, is an office tower in Toronto, Ontario, Canada. Unlike the corporate offices of other Canadian financial institutions, the RBC Centre is outside of Toronto's Financial District. It has been owned and managed by Cadillac Fairview Corporation jointly with the Ontario Pension Board since 2012.
The windup of the $5 billion Nortel pension plan began in October 2010. Between that time and July 2011, Nortel pensioners had been receiving their full pensions even though actuaries have determined that the pension trust is underfunded by $1.5 billion. The reduced payments are to retroactively reflect those overpayments.
Resolution Life Group Holdings Ltd, which is registered in Bermuda, is the holding company for several global insurance brands, including AMP Life. [ 9 ] [ 10 ] In 2019, investors in the holding company included JPMorgan Chase , KKR , Nippon Life Insurance Company , Temasek Holdings and a Middle Eastern sovereign wealth fund.
OPTrust, officially the OPSEU Pension Trust, [2] is a legal trust formed by the contractual agreement between the two plan sponsors, Ontario Public Service Employees Union and the Government of Ontario. [3] It manages one of Canada's largest pension funds and administers the OPSEU Pension Plan. [4]
In the following years, Morneau Shepell made a number of acquisitions, including SBC Systems Company Inc. (U.S. provider of employee benefits administration systems) in January 2012, [15] Mercer Canada's pension and benefits outsourcing business in November 2012, [16] Ceridian's U.S. health and welfare benefits administration business in August ...
In 2013 The Co-operative Group agreed to sell its life & pensions and asset management businesses to Royal London. The proposed transaction gained the approval of Royal London members at an EGM in June 2013 and gained regulatory approval on 31 July 2013. In 2015 Caledonian Life, the group’s Irish business rebranded to become Royal London Ireland.
The Ontario Pension Board in Canada is an independent organization responsible for administering defined-benefit pensions for certain employees of the provincial government and its agencies, boards, and commissions.
The Standard Life Assurance Company was established in 1825 and reincorporated as a mutual assurance company in 1925. [3] During the 19th century it opened offices in Canada, India, China and Uruguay .