Employees at Candu Energy Inc. were given just one business day’s notice to return to full-time onsite work, according to the union representing engineers, scientists and technicians at the company. The decision came in the midst of a labour dispute with employees represented by the Society of Professional Engineers and Associates, who began striking at the […]
The International Centre for Pension Management is appointing Sebastien Betermier as its next executive director. Betermier, who is currently an associate professor of finance at the Desautels Faculty of Management at McGill University, will succeed Rob Bauer, professor of finance at the School of Business and Economics at Maastricht University, who’ll be stepping down from […]
U.S. employers saw a 41 per cent spike in voluntary employee departures in 2022, according to a new survey by Aon. The survey, which polled 2,000 employers in the U.S., found nearly a quarter (22 per cent) of employees left their jobs last year, 17 per cent of which were voluntary departures. In 2020, a […]
More than two-fifths (44 per cent) of employers believe remote working has led women to exit the workforce due to the potential for longer workdays, according to a new survey by Mercer Canada. The global survey found more than half (52 per cent) of male respondents said they’ve experienced shorter workdays while working remotely, but […]
The Saskatchewan Pension Plan is allocating parts of its balanced fund to Ninepoint Partners and Fengate Asset Management in a bid to further diversify its portfolio. Ninepoint has received a private debt allocation of 10 per cent of the SPP’s balanced fund and Fengate will take on a 10 per cent infrastructure allocation, according to a press […]
Roughly a third of U.S. employees believe their employer lacks a sufficient commitment to diversity, equity and inclusion, according to a new survey by Buck Global. The survey, which polled nearly 700 employees and more than 200 employers, found 32 per cent of employees said their company lacks diverse benefits for diverse populations, a percentage […]
Sun Life Financial Inc. has completed its previously announced acquisition of U.S.-based dental benefits provider DentaQuest. DentaQuest is now part of Sun Life’s U.S. business, which offers dental benefits through employers for their benefits plans and has an extensive national commercial dental network. The completion of the acquisition is expected to bring Sun Life U.S.’s total […]
The Ontario Teacher’s Pension Plan is financing a European online brokerage platform. The pension fund was the lead in a financing round for Trade Republic Bank, a technology company operating a digital investment marketplace. According to Trade Republic, the €250 million raised during the round will be used to develop the platform’s product offerings designed […]
While there’s broad interest in environmental, social and governance factors, the majority of U.S. defined contribution pension plan consultants said their plan sponsor clients are looking for further clarity on the Department of Labor’s proposed guidelines before incorporating ESG into their investment options, according to a new survey by the Schaus Group and T. Rowe […]
Two-fifths (42 per cent) of Canadian parents postponed returning to work in 2022 due to difficulties finding childcare, according to a new survey by Statistics Canada. The survey, which polled the parents of more than 11,500 children, found roughly four in 10 parents using childcare in early 2022 reported difficulty finding care. Among respondents who looked for childcare […]