blockchain – Benefits Canada.com

U.S. workers more likely to stay with employer offering financial wellness benefits: survey

bwolfe — Wed, 16 Nov 2022 20:00:07 +0000

More than two-thirds (68 per cent) of U.S. employees say they’re more likely to stay longer at their current job if their employer offers financial wellness benefits, according to a new survey by software platform TalentLMS. The survey, which polled 1,000 employees, found 73 per cent said their employer offers financial wellness benefits. The top […]

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Cryptocurrency plunge a cautionary tale for U.S. public pension funds

bwolfe — Tue, 12 Jul 2022 16:00:56 +0000

When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies with the fund’s chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned. He was already worried about his pension after an overhaul by state and city officials cut payments as they grappled with the ability to pay out […]

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DeFi used in 97% of crypto theft: report

Gideon Scanlon — Thu, 12 May 2022 17:15:17 +0000

Decentralized finance technology facilitated more illicit cryptocurrency transactions in the first quarter of 2022 than in any other period, according to a report from Chainalysis Inc. “DeFi protocols have accounted for an ever-growing share of all funds stolen from cryptocurrency platforms since the beginning of 2020 and lost the vast majority of stolen funds in […]

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401(k) providers offering cryptocurrency investment options to U.S. workers

bwolfe — Fri, 29 Apr 2022 19:00:04 +0000

More workers may soon be able to stake some of their 401(k) retirement savings to Bitcoin, as cryptocurrencies crack even deeper into the mainstream. Retirement giant Fidelity Investments Inc. has launched a way for employees to put some of their 401(k) savings and contributions — potentially up to 20 per cent — directly in Bitcoin, […]

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How are pension plan sponsors approaching investments in 2022?

mdunne — Fri, 11 Feb 2022 13:55:26 +0000

Nearly two years after the declaration of the global coronavirus pandemic and its subsequent impact on the worldwide economy, institutional investors are looking to the future with cautious optimism. Amid a recovering economy and rising inflation, pension plan sponsors are taking a long-term investment view and staying the course in the year ahead, while incorporating […]

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Are retail investment trends impacting institutional investors?

bwolfe — Fri, 13 Aug 2021 12:52:16 +0000

From the rise of cryptocurrency DogeCoin and non-fungible tokens to Reddit members beating hedge fund managers at their own game, 2021 has been an eventful year in the world of retail investing. And while institutional investors might not be betting big on Gamestop Corp. or Elon Musk’s latest cryptocurrency tweet, some have inched closer to […]

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How to solve for lack of trust inherent in financial transactions

mschmit — Mon, 30 Nov 2020 08:32:05 +0000

As far back as the beginning of civilization, centralized ledgers have been the answer to solving trust issues, said Michael Casey, chief content officer at CoinDesk, in a keynote presentation during the Canadian Investment Review’s Investment Innovation Conference in November. The first form of writing ever recorded was a ledger on a Sumerian tablet dating […]

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How fintech is changing the world of finance

mschmit — Wed, 02 Oct 2019 05:29:49 +0000

Fintech includes four areas, all of which are changing the financial industry in different ways. These include peer-to-peer financing, robo-advising or systematic asset management, decentralized finance and machine learning and artificial intelligence, said Campbell Harvey, professor of finance at Duke University’s Fuqua School of Business, during a panel at the Northern Finance Association’s conference in […]

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Institutional investors interested in digital assets: survey

mschmit — Fri, 03 May 2019 12:00:51 +0000

Almost half (47 per cent) of institutional investors are interested in including digital assets in their investment portfolios, according to a survey by Fidelity Investments Inc. The study, which surveyed more than 400 U.S. institutional investors, including pension plans, family offices, crypto and traditional hedge funds, found 22 per cent of respondents said they already have some exposure to […]

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Learn about AI, blockchain at 2019 Benefits and Pension Summit

mschmit — Fri, 22 Mar 2019 05:20:43 +0000

Artificial intelligence and blockchain are buzzwords in virtually every industry, but there are specific ways these technologies can make improvements in the pension world, according to Serge Boccassini, manager for defined contribution product solutions at Northern Trust. “How can it be used to help people save more for retirement [and] save better for retirement? And […]

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