Nearly a third (32 per cent) of U.S. institutional investors say they plan to increase their private asset allocations over the next two years, primarily due to diversification benefits, lower volatility and the potential to garner higher returns than public markets, according to a new survey by Schroders. The survey, which polled more than 100 […]
More than half (57 per cent) of U.S. workers say they’re currently experiencing at least moderate levels of burnout, according to a new report by Aflac Inc. The survey, which polled 2,000 employees, found workplace stress is disproportionately affecting both women and younger workers. Indeed, 75 per cent of women reported experiencing burnout at work, […]
More than a third (36 per cent) of U.S. employers say they disclose individual pay ranges to employees and nearly half (46 per cent) are planning or considering doing so in the future, according to a new survey by WTW. The survey, which polled nearly 450 employers, found roughly half (48 per cent) said they […]
Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement amid a challenging economy and ageing population, according to a new report by Mercer and the CFA Institute. The report analyzed retirement systems based on adequacy, sustainability and integrity. It ranked the Netherlands with the highest score (85.1 out of 100), […]
While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a comfortable retirement, a nine per cent increase from 2022, according to a new survey by Charles Schwab & Co. Inc. The survey, which polled 1,000 401(k) plan participants, found the […]
Iversoft is appointing Steph Barlow to the role of chief people officer. Barlow joined the Ottawa-based organization in 2017 as people and culture specialist and she became its director of people and culture in 2018. In the new role, she’ll continue to drive Iversoft’s human resources and talent strategies, while championing diversity, equity and inclusion, according to […]
The Parliamentary Budget Office is confirming the insurance industry’s projection that a single-payer model of national pharmacare program will cost $40 billion annually as a result of shifting more than $14 billion in private insurance coverage onto the government’s books. In a new report, the PBO estimated the cost of a single-payer universal drug plan to […]
The funded position of a typical Canadian defined benefit pension plan increased on a solvency and an accounting basis as of Sept. 30, according to a new report by Telus Health. The monthly index, which demonstrates changes in asset levels for an average pension plan since the beginning of the year, found the average solvency […]
Two-thirds of (66 per cent) of Canadian employees who have employer-provided health benefits say their overall well-being is good or excellent, compared to fewer than half (49 per cent) of workers without these benefits, according to a new survey by RBC Insurance. The survey, which polled more than 1,000 employees, found those with employer-provided benefits […]
A third (34 per cent) of employees say they’re willing to change jobs in the next 12 months, according to a new survey by EY. The survey, which polled 1,000 employees and 50 employers in Canada, found employer respondents said attracting (36 per cent) and retaining (32 per cent) talent are their top priorities. As well, a majority […]