Staff

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

Majority of U.K. DB pension plan sponsors favour annuity buyout as long-term strategy: survey

More than half of U.K. defined benefit pension plan sponsors say they’d consider ways of securing benefits for their members beyond insurance-based solutions, according to a new survey by Aon. The survey, conducted during a recent webinar among 330 pension plan sponsors and trustees, asked which long-term strategy options they’d consider for their DB plan. Nearly two-thirds […]

  • August 15, 2023 August 14, 2023
  • 10:00