In the search for market-beating returns, institutional investors are facing a shifting geopolitical landscape, ongoing questions about monetary policy and the impact of climate change. At the 2024 Investment Innovation Conference on Nov. 12-14 in Vancouver, B.C., leading academics and industry figures reckoned with the aftermath of the highly anticipated U.S. presidential election and provided […]
Pension plan sponsors’ integration of artificial intelligence will be a disruptive event that will require a delicate approach with sufficient testing, according to Alpesh Sethia (pictured right), chief technology officer at the Healthcare of Ontario Pension Plan. Speaking during a panel session at the Canadian Investment Review’s 2024 Investment Innovation Conference, he described the testing lab set […]
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy is helping to do just that. Roland Chiwetelu (pictured right), associate director of financial wellness, Eckler Ltd. One expert suggests employers bridge their knowledge gap by finding ways to turn […]
Retirement plan members who engage with their plan digitally have an average retirement account balance 230 per cent higher than those who weren’t engaged ($123,800 versus $51,800), according to a new report by Sun Life Financial Inc. The report, which analyzed data from 1.45 million Sun Life group retirement plan members, found employees who were were digitally engaged are also more […]
While artificial intelligence represents a new cornerstone for institutional investors’ operational tasks, corporate governance will be essential to ensure the risks are properly managed, according to Andrew Roth, deputy director of the Teacher Retirement System of Texas. During a webinar hosted last week by the National Institute on Retirement Security, he detailed how the pension […]
A centralized trading approach forms the backbone of the recently revamped British Columbia Investment Management Corp., offering a more protective process for its stakeholders, according to Carmen Firmani, senior manager of client relations at the BCI, speaking during the Canadian Investment Review’s 2023 Risk Management Conference. She detailed the BCI’s transformation from a passive to a […]
In 2022, Xero sent out a global survey to all of its employees asking them to rank the most important components of its total rewards program, from time off to flexible working policies, salaries to employee benefits. The software company’s Canadian employees ranked health benefits as one of the most important aspects of total rewards. […]
In 2018, the British Columbia Investment Management Corp. adopted a centralized trading framework. The program, which brought together global derivatives and trading with almost $35 billion in equity assets, is managed by Samir Dhrolia, the BCI’s senior managing director of derivatives, trading and index portfolio management. Read: How InBenefits is aiming to prove the potential […]
Government-backed defined benefit pension plans are driving growth in the pension administration software sector, according to a new report by Marqual IT Solutions Ltd. The global pension administration software market is expected to grow from about US$4.88 billion in 2021 to US$8.6 billion by 2028. In 2021, roughly two-thirds (66.6 per cent) of all spending […]
The most important asset in the world is people’s personal information because every piece of data that we provide to the internet through social media or through interactions with pension funds and online banking are valuable information sources, said Darace Rose, co-founder and chief technology officer at Oppos Inc., during the Canadian Investment Review’s 2022 […]