A fifth (20 per cent) of individuals from generation Z and generation Alpha are open to receiving pension payouts in cryptocurrency, according to a new survey by cryptocurrency exchange Bitget. While it found three-quarters (78 per cent) expressed greater trust in alternative retirement savings options compared to traditional pension systems, a similar percentage (73 per […]
Although news of BlackRock Inc.’s departure from the Glasgow Financial Alliance for Net Zero may call into question the future of the climate action initiative, the road to net zero is still a priority for many financial institutions, says Sebastien Betermier, associate professor of finance at McGill University’s Desautels Faculty of Management. The alliance, which […]
Advocacy on the federal government’s pharmacare program will continue to be a core focus for the Benefits Alliance in 2025, says Carolyne Eagan, the association’s president. As each province is determining how or whether they’ll accept the government-sponsored program, she says the association plans to continue its grassroots campaign to engage with Canadian plan sponsors […]
The investment world is using insufficient methods to deal with long-term development challenges, which are impeding our ability to realize environmental, social and governance goals globally, said John Gilmore, investment analyst and portfolio manager at Martin Currie, part of Franklin Templeton, during the Canadian Investment Review’s 2024 Investment Innovation Conference. Despite the sustainable development goals […]
Innovative Medicines Canada is calling on the federal government to introduce amendments to Bill C-64 that clarify the impact on all aspects of Canadians’ drug coverage. In a press release, the association urged the feds to ensure its new pharmacare program doesn’t disrupt existing coverage for the 27 million Canadians who are insured under a […]
PepsiCo Canada’s 2024 Workplace Benefits Awards win demonstrates how weaving diversity, equity and inclusion into strategic business practices can foster employee mental health and wellness. The food and beverage company’s inclusive end-to-end business transformation strategy made it this year’s winner in the DEI Program category. “It’s so fantastic that all of our hard work has been […]
Sustainable investing needs to take a much more nuanced approach today than it did in the past, according to Edward Vaughan Dixon, head of sustainability and private markets at Aviva Investors, during the Canadian Investment Review’s 2024 Risk Management Conference. Environmental, social and governance strategies should result in a holistic view of the risks behind a […]
Exposure to generic asset pricing factors can help deliver risk-adjusted returns, according to Ryan Taliaferro, senior vice-president and director of investment strategies at Acadian Asset Management, speaking during the Canadian Investment Review’s 2024 Risk Management Conference. These products tend to be available off the shelf in commercially available risk models and are typically marketed by exchange-traded […]
When communicating risk management posturing to executive boards, it’s important for pension plan sponsors to tell a cohesive and fulsome story, said Danny Ip, director of investment risk and analytics for the Toronto Transit Commission Pension Plan, during the Canadian Investment Review‘s 2024 Risk Management Conference. The TTC plan, which has $8.7 billion in assets under management, has […]
The insurance company’s vice-president and head of human resources discusses embracing artificial intelligence and taking time to sit back, relax and connect with family. Q: What top challenges do you face in your role? A: A core part of my role is ensuring Manulife Canada is constantly evolving and continually looking for different ways to […]