Industry

Financial Horizons Group appoints new CEO

Nick Pszeniczny will become the new president and CEO of Financial Horizons Group (FHG), the company said on Tuesday. Pszeniczny will leave Great-West Life, London Life and Canada Life to join FHG starting on July 1. The managing general agent (MGA) was acquired by Great-West Life in 2017. John Hamilton, founder and CEO of FHG, […]

By Staff |April 24, 2018

1 min read

CPPIB names new senior execs

This article originally appeared on BenefitsCanada.com. The Canada Pension Plan Investment Board has announced several senior executive appointments, all of which will be effective June 1, 2018. Leading the credit investments team will be John Graham, appointed senior managing director. Having worked at the CPPIB in the total portfolio management and private investments groups, his […]

By Benefits Canada |April 24, 2018

2 min read

SEC orders US$35-million fine over disclosure of Yahoo hack

The company formerly known as Yahoo is paying a US$35 million fine to resolve federal regulators’ charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced the action Tuesday against the company, which is now called Altaba after its […]

By The Associated Press |April 24, 2018

1 min read

Mutual fund industry’s AUM increases 0.1% in March

Assets under management (AUM) for the mutual funds industry totalled $1.48 trillion in March, reports IFIC, an increase of $1.2 billion, or 0.1%, compared to February. Read: Mutual fund sales drop in February Since March 2017, total mutual fund assets have increased by $91.1 billion or 6.5%. Net sales for the mutual funds industry in […]

By Staff |April 23, 2018

1 min read