Since just about half of private sector workplaces in the U.S. offer some type of retirement plan, many employees in dual income houses could be failing to account for enough savings for both themselves and their spouses, according to new research by Boston College’s Center for Retirement Research. As a result, the employee with a workplace retirement […]
While estimating the longevity of a pension plan’s membership isn’t a new concept, developments in using big data and new tools in predictive modelling could go a long way to making predictions more accurate. “Traditionally, most benefit plans were using standard mortality tables and not really differentiating how much longevity risk they had,” says Manuel […]
Two-thirds (62 per cent) of global employees said they’d exchange their work-related data for more customized benefits, rewards and compensation, according to a new survey by Accenture. The global survey, which polled 1,400 corporate executives and 10,000 employees across 13 industries, also found 92 per cent of employees are open to their employers collecting data […]
While there aren’t consistent definitions around the inclusion of environmental, social and governance issues in investing, factoring them into the investment process is now mainstream, which is increasing the demand for ESG data, according to a report by capital markets consultancy firm Opimas. Institutional investors, such as pension funds, insurers and asset managers, have been at the forefront of that […]
With the start of a new year, organizations have new goals and budgets to meet. Many organizations take the new year as an opportunity to take a critical look at current practices and processes, including the way these align with their business goals. One area gaining attention over the years, due to increasing costs, is […]
While there aren’t consistent definitions around the inclusion of environmental, social and governance issues in investing, factoring them into the investment process is now mainstream, which is increasing the demand for ESG data, according to a report by capital markets consultancy firm Opimas. Institutional investors, such as pension funds, insurers and asset managers, have been at the forefront of that […]
The Canada Pension Plan Investment Board has appointed Kelly Shen as senior managing director and chief technology and data officer. “Together with her team, Kelly will further develop CPPIB’s technology and data strategy, which will help us advance operational efficiency by streamlining processes and automation,” said Mark Machin, chief executive officer of the CPPIB, in a press […]
Promoting health and wellness as a business priority and effectively communicating this to the workforce was the Town of Richmond Hill’s recipe for success at Benefits Canada’s 2018 Workplace Benefits Awards. The organization took home the award for best health and wellness program for a company with less than 1,000 employees at a ceremony in Toronto on Oct. 11. […]
Mercer and Morningstar Inc. are teaming up to create a digital platform for institutional investment manager data, performance analytics and qualitative research. “Investors and their advisors do not have comprehensive resources for institutional strategies research and data,”said Rich Nuzum, global president of Mercer’s wealth business, in a press release. “Working together with Morningstar, we can give investors and […]
Cigna Corp. has appointed Gina Papush to the newly created role of global chief data and analytics officer. “As our industry evolves, embedding insights and analytics across the enterprise will enhance Cigna’s ability to more rapidly deliver simplified, affordable, personalized and integrated experiences for our customers and clients,” said Chris Hocevar, president of strategy, segments […]