More than a quarter (38 per cent) of plan members say they’ve experienced a high level of stress on a typical day over the past three months, up from 27 per cent in 2022 and exceeding the previous high mark recorded in 2021 (35 per cent), according to the 2023 Benefits Canada Healthcare Survey. The […]
North American institutional investors raised $749.7 billion, nearly half (49 per cent) of the $1.53 trillion total private capital raised globally between the second half of 2022 and the end of May 2023, according to a report by Preqin. It found the weakest period for deal activity since the start of the coronavirus pandemic was […]
New York City’s pension funds and the State of Oregon are suing Fox Corp., alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 U.S. presidential election that exposed the network to defamation lawsuits, according to a report by the New York Times. The lawsuit, which didn’t specify the damages […]
The world’s largest 300 pension funds saw their assets decrease by 12.9 per cent to US$20.6 trillion in 2022, down from $23.6 trillion at the end of 2021, according to a new report by WTW. The report, which analyzed global pension fund assets across 22 major pension markets, found the largest 300 pension funds now represent […]
A third (34 per cent) of U.S. women say they don’t have access to an employer-sponsored retirement plan, while a fifth (22 per cent) say they’ve emptied their employer-sponsored retirement account to meet non-retirement expenses, according to a new survey by software company Iralogix Inc. The survey, which polled more than 200 women, found nearly […]
The majority of U.S. workers who say they understand their workplace benefits plan are happier (76 per cent) and have a greater sense of overall stability at work (82 per cent) than those who don’t understand their benefits (47 per cent and 52 per cent, respectively), according to a new survey by MetLife Inc. The […]
More than half (53 per cent) of U.S. workers say diversity, equity and inclusion is a key factor when considering a new job, a percentage that increases among millennials (63 per cent) and generation Z (77 per cent), according to a new survey by Eagle Hill Consulting. The survey, which polled nearly 1,400 workers, found […]
The Caisse de dépôt et placement du Québec is selling its ownership stake in a U.S.-based insurance and consulting firm. Through the agreement, the investment organization will sell more than 50 per cent of its shares in USI Insurances Services to USI and investment firm KKR Co. & Inc. The Caisse and KKR jointly acquired […]
U.S. employers say they’re expecting their total health benefits plan costs to rise by an average of 5.4 per cent per employee in 2024, according to a new survey by Mercer. The survey, which polled more than 1,900 employers, found the projected increase comes after more than a decade of annual cost increases typically averaging […]
More than half (56 per cent) of institutional investors say they plan to increase their allocation to alternative investments allocation over the next 12 months, up slightly from 55 per cent in 2022, according to a new survey by research firm Dynamo Software Inc. The survey, which polled more than 100 global respondents, found among respondents […]