The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits gains. The agreement includes an increase in coverage for eyeglasses from $850 to $935 every 24 months, as well as an increase for paramedical services from $3,000 to $3,200. In […]
Institutional investors face several challenges in proving the value of sustainable investments, said Arijit Banik, treasurer at York University, during a session at the Canadian Investment Review’s 2024 Endowment & Foundation Investment Forum in June. It’s difficult to measure the impact of an investment, even the cleanest ones, with the current measurement framework available to […]
During a panel discussion at the Canadian Investment Review’s 2024 Global Investment Conference in April, three pension plan sponsors shared their perspective on plan design and the changing patterns for employees close to retirement. Nearly a decade ago, Via Rail Canada Inc. began allowing payments of lump sums to individuals up to age 65 to […]
The murder of George Floyd, one year ago today in Minneapolis, Minn., sparked calls for change around the world including in Canadian workplaces. Floyd’s death kicked off global Black Lives Matter rallies last spring and summer, as well as many hard conversations about anti-Black systemic racism between Canadian employers and employees. And in the wake of those […]
Digital is the new normal for committee and board meetings, so people must get used to it, says Rahul Bhardwaj, president and chief executive officer, of the Institute of Corporate Directors. Pension plan sponsors are under lots of strain in the current environment. “You want to make sure that you have efficient, effective meetings that […]
A professor of finance at York University has developed a new tool to help people who are saving for retirement through multiple vehicles ensure that when looking at their portfolios in total these are well-diversified. The tool, Wealthscope, was developed by Pauline Shum Nolan, who is also a member of the university pension fund’s investment […]