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Survey finds 39% of U.S. workers haven’t taken vacation in the last year

Two-fifths (39 per cent) of U.S. employees say they haven’t taken a vacation in the last 12 months, according to a new survey by Eagle…

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TD Bank building pipeline of Black tech employees, providing returnship program for tech workers

The TD Bank Group is expanding its talent pool through partnerships that tap into the Black Professionals in Tech Network and FDM Group Inc.’s returnship…

76% of U.S. DC pension plan sponsors offering auto-enrolment: survey

Three-quarters (76 per cent) of U.S. defined contribution pension plan sponsors say their plan offers automatic enrolment, according to a new survey by investment consulting…

  • By: Staff
  • March 31, 2023 March 30, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on a 2023 budget proposal to require employers to report dental coverage as part of the national dental-care program was the most-read story…

  • By: Staff
  • March 31, 2023 March 30, 2023
  • 09:00
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OMERS buying U.S. bio-manufacturing facility, Ontario Teachers’ acquiring Australian produce seller

The real estate arm of the Ontario Municipal Employees’ Retirement System is acquiring a pharmaceutical manufacturing facility in Raleigh, NC. The Oxford Properties Group is…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 12:30
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What’s in the federal budget for DB pension plans, institutional investors?

The 2023 federal budget, which was announced on Tuesday, includes several initiatives related to defined benefit pension plans and the broader institutional investment sector. The…

  • By: Staff
  • March 30, 2023 March 30, 2023
  • 12:00
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Manitoba, NL to sign onto agreement for multi-jurisdictional pension plans

Manitoba and Newfoundland and Labrador are signing the 2020 agreement respecting multi-jurisdictional pension plans, effective July 1, 2023. The agreement, which was introduced in June…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00

American Express Canada incentivizing employees working onsite with meal stipend, snacks

American Express Canada is providing a daily meal stipend and refreshments to employees who are working onsite. With most employees in a hybrid or remote…

Report finds more Canadian pension funds committing to net-zero emissions by 2050

Over the last year, the number of large Canadian pension funds with commitments to achieving net-zero emissions by 2050 rose from two funds to nine,…

  • By: Staff
  • March 30, 2023 March 29, 2023
  • 09:00

73% of U.S. employee caregivers seeking more mental-health benefits: survey

Nearly three-quarters (73 per cent) of U.S. employees who are caregivers for dependants with mental-health challenges wish their employers would offer more mental-health benefits, according to…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 15:00
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Sounding Board: How employers can use benefits, DEI to draw gen Z workers to skilled trades

Even before the coronavirus pandemic, employers were predicting challenges around meeting the demands of unfilled roles in the skilled trades. For the last decade, the…

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Enhanced national dental plan to require reporting of employer-provided coverage: budget

In its 2023 budget on Tuesday, the federal government proposed roughly $13 billion over the next five years and $4.4 billion ongoing to fully implement…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00

46% of Canadian employees feel very happy at work: survey

Nearly half (46 per cent) of Canadian employees say they’re very happy with their current role and responsibilities at work, according to a new survey…

  • By: Staff
  • March 29, 2023 March 29, 2023
  • 09:00

CPPIB-backed green energy service provider launching in Brazil

The Canada Pension Plan Investment Board is entering a joint venture focused on providing services to support Brazil’s transition away from fossil fuel reliance. Alongside…

  • By: Staff
  • March 28, 2023 March 28, 2023
  • 12:30

Pension super-priority bill likely to pass Senate vote this week

A bill that provides super-priority to defined benefit pension plan members during plan windups or employer bankruptcies is expected to be passed by the Senate…

CAAT raising DBplus pension factor for calculating benefit payments in 2025

The Colleges of Applied Arts and Technology pension plan is increasing the pension factor used in its calculation of defined benefit payments from its DBplus…

PSP Investments focusing on climate change in updated proxy voting guidelines

The Public Sector Pension Investment Board is updating its proxy voting guidelines to communicate its views on sound corporate governance practices and climate change. According…

  • By: Staff
  • March 27, 2023 March 24, 2023
  • 09:00

Biden vetos resolution to bar ESG investing in state pensions

A resolution to reverse a rule allowing U.S. pension investors to consider environmental, social and governance criteria has been blocked by President Joe Biden. “It…

  • By: Staff
  • March 23, 2023 March 22, 2023
  • 12:30

U.S. bank failures have minimal impact on public pension plans: experts

When two U.S. banks failed this month, among the investors who lost millions were U.S. public sector pension funds responsible for ensuring the retirements of…