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Survey finds North American institutional investors lagging behind on adopting ESG investment strategies

Institutional investors in Asia and Europe are at the forefront of adopting environmental, social and governance investment strategies, while North America lags behind, according to a survey by Coalition Greenwich. Globally, the survey found 75 per cent of investors incorporate ESG strategies, with Europe leading at 92 per cent followed by Asia at 76 per […]

  • August 24, 2023 August 23, 2023
  • 10:00

CPPIB backing Brazilian reforestation startup; CPPIB, IMCO and OMERS investing in Swedish car battery maker

The Canada Pension Plan Investment Board is investing US$30 million in reforestation efforts in Brazil’s Amazon region through a private venture partnership. The Amazon Reforestation Fund, managed by Mombak Gestora de Recursos, will also receive an equity transfer of US$500,000 from the CPPIB. It’s the first time the CPPIB is investing in Brazilian reforestation. In […]

  • August 24, 2023 August 23, 2023
  • 10:00

Survey finds longevity literacy tied to regular retirement planning, saving

Nearly three-quarters (72 per cent) of U.S. employees with strong longevity literacy are saving for retirement on a regular basis, compared to 58 per cent with weak longevity literacy, according to a new survey by the Teachers Insurance and Annuity Association of America Institute and the Global Financial Literacy Excellence Center at the George Washington University […]

  • August 23, 2023 August 22, 2023
  • 15:00

77% of U.S. employers reporting increase in employees’ mental-health needs: survey

More than three-quarters (77 per cent) of large U.S. employers are reporting an increase in mental-health needs among their workforces, according to a new survey by Business Group on Health. The survey, which polled around 150 large employers employing 19 million people, found this is a 33 per cent increase compared to last year, when […]

  • August 22, 2023 August 22, 2023
  • 15:00

OMERS reporting 3.1% return in first half of 2023, driven by public equities

The Ontario Municipal Employees’ Retirement System is reporting a total fund net return of 3.1 per cent for the six-month period ended June 30, 2023. The 12-month total fund net return was 7.8 per cent, while net assets totalled $127.4 billion, an increase of $7.9 billion over the last year, according to a press release. […]

  • August 22, 2023 August 21, 2023
  • 09:00

U.S. employer-sponsored health benefits costs expected to rise 7% in 2024: survey

The costs of U.S. employer-sponsored medical benefits are expected to rise seven per cent in 2024, according to a new survey by the International Foundation of Employee Benefit Plans. The survey found 79 per cent of U.S. employers’ benefits plans are self-funded (with or without stop-loss coverage), while 21 per cent are fully insured. The […]

  • August 21, 2023 August 21, 2023
  • 15:00

Report finds fewer employees going above and beyond in their jobs

Two-thirds (66 per cent) of employees worldwide say they’re motivated to go above and beyond in their job, down from 69 per cent in 2020, according to a new report by Qualtrics. The report analyzed responses from employee engagement surveys conducted by nearly 900 employers worldwide. It found German employees reported the largest drop in […]

  • August 18, 2023 August 18, 2023
  • 15:00

37% of U.S. employers say attraction, retention is No. 1 reason to offer non-qualified retirement plans: survey

More than a third (37 per cent) of U.S. employers that offer a non-qualified retirement plan say attraction and retention of key talent is their No. 1 reason for offering these plans, according to a new survey by WTW. The survey, which polled around 400 employers representing more than 7.5 million employees, found more than […]

  • August 17, 2023 August 16, 2023
  • 09:00

Amazon rolls out family-support program in 50 countries

Amazon is expanding its family-building support program outside of Canada and the U.S., making it available to full-time, part-time and hourly employees in 50 additional countries across Africa, Asia Pacific, Europe, Latin America and the Middle East. In partnership with Maven Clinic, a virtual clinic for women’s and family health, the organization will give employees and […]

  • August 16, 2023 August 14, 2023
  • 15:00

43% of U.S. DC pension plan sponsors offering auto-escalation: survey

More than two-fifths (43 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic escalation, up from 21 per cent in 2013, according to a new survey by J.P. Morgan Asset Management. The survey, which polled more than 700 employers, found nearly two-thirds (61 per cent) said they take a proactive […]

  • August 15, 2023 August 15, 2023
  • 15:00