The Colleges of Applied Arts and Technology pension plan is appointing Karen Lockridge as director of responsible investing. In the new role, she’ll be responsible for developing and refining the CAAT’s responsible investing strategy, including research, analysis and reporting on the pension plan’s environmental, social and governance activities. Lockridge will also provide guidance to the […]
The Association of Canadian Pension Management is urging Retraite Québec to provide additional flexibility in the funding of municipal and university defined benefit pension plans. In an open letter, the ACPM requested flexibility to fund up to 100 per cent of amortization payments from the reserve, noting this change would allow for better management of financial risks […]
Two-fifths (39 per cent) of Canadian women say they’ve considered quitting their job due to stress or burnout, compared to 25 per cent of men, according to a new survey by Pollara Strategic Insights on behalf of the Canadian Imperial Bank of Commerce and Enterprise Canada. The survey, which polled more than 1,000 employees, found […]
While the majority (84 per cent) of U.S. workers say they’re at least somewhat happy at work, nearly two-thirds (60 per cent) report some level of burnout, according to a new survey by the Hartford Financial Services Group Inc. The survey, which polled more than 1,100 employees and more than 500 employers, found the vast […]
An article on how defined benefit pension plan sponsors can use a surplus was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: How DB pension plan sponsors can use surplus 2. Median solvency ratio of Ontario DB pensions rose to 115% in Q1 […]
Just a third (34 per cent) of U.S. small- and medium-sized employers say they offer retirement benefits, according to a new survey by Fidelity Investments. The survey, which polled more than 500 SMEs, found that, among respondents that don’t offer a retirement plan, half (48 per cent) said they can’t afford to, while a fifth […]
The vast majority (89 per cent) of global employees say they’ve experienced moderate to extreme stress over the past 12 months, while half (49 per cent) say they’ve felt a sense of dread a least once a week, according to a new survey by wellness app provider Headspace. The survey, which polled more than 4,000 […]
A pair of surveys on the state of Canadian workers’ mental health were among the most-read stories on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Survey finds 40% of Canadian gen Z employees at a mental-health ‘breaking point’ 2. Survey finds 40% of workers taking time off due […]
Vestcor Investment Management Corp., an organization that manages the investment and administration of 11 public sector pension plans in New Brunswick, saw its investment decline 3.63 per cent in 2022. During the year, Vestcor’s assets declined from about $21 billion to $20 billion, according to a press release, which credited the losses to the unusually […]
The Investment Management Corp. of Ontario is entering into a new fund that owns a British fibre optic business. The fund was launched as part of a broader effort to recapitalize the EuNetworks Group, an internet infrastructure and network operator in which the IMCO holds a minority stake. The company, which manages 17 fibre internet […]