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Survey finds U.S. employees increasingly interested in retirement, savings programs

The vast majority (89 per cent) of U.S. employees say they’d be more likely to continue working for an employer that offered a retirement plan,…

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CPPIB returns 3.4% in Q3 2024, driven by global equity, fixed income assets

The Canada Pension Plan Investment Board earned 3.4 per cent during the third quarter of fiscal 2024, according to its latest quarterly report. By Dec.…

  • By: Staff
  • February 21, 2024 February 21, 2024
  • 10:00
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Black, Hispanic American workers’ contributions to employer-sponsored retirement plans 40% lower than white workers’: study

The average rate of contribution by U.S. Black and Hispanic workers to employer-sponsored retirement plans is roughly 40 per cent lower than that of white…

  • By: Staff
  • February 21, 2024 February 20, 2024
  • 09:00
Manulife enhances family benefits for Canadian employees

How family-building benefits can support employee well-being, retention

Family-building benefits can go a long way in supporting employers’ attraction and retention efforts, says David Krieger, regional vice-president of benefits consulting at BFL Canada.…

  • By: Sadie Janes
  • February 21, 2024 February 20, 2024
  • 09:00

How KPMG in Canada is keeping DEI at the forefront of the return-to-office experiment

Employers have the opportunity to create a more inclusive workplace by focusing on diversity, equity and inclusion as employees return to the office. The shift…

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Canadians believe they need $1.7 million to retire: survey

While Canadians, on average, believe they need $1.7 million in retirement, this amount varies among different generations of employees, according to a new survey by…

  • By: Staff
  • February 16, 2024 February 16, 2024
  • 15:00
OMERS’ portfolio company acquiring solar energy development platform

Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office

The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company…

  • By: Staff
  • February 16, 2024 February 14, 2024
  • 15:00
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Fewer than 40% of Black Americans say they’ve saved enough for retirement: survey

Fewer than four in 10 Black Americans say they’ve saved or are saving enough for retirement according to a new survey by LIMRA. The survey,…

  • By: Staff
  • February 16, 2024 February 15, 2024
  • 09:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on the Canada Revenue Agency’s guidance for how employers must determine the province of employment for remote workers was the most-read story on…

  • By: Staff
  • February 16, 2024 February 15, 2024
  • 09:00
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Guardian Capital Group acquiring Sterling Capital

Guardian Capital Group Ltd. is acquiring U.S.-based asset manager Sterling Capital Management from Truist Financial Corp. The financial terms of the transaction include a payment…

  • By: Staff
  • February 15, 2024 February 15, 2024
  • 15:00
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OMERS pension benefits accounted for 9.3% of Ontario retirement income in 2023: report

Retirement benefits paid out by the Ontario Municipal Employees Retirement System accounted for 9.3 per cent of retirement income in Ontario in 2023, according to…

  • By: Blake Wolfe
  • February 15, 2024 February 14, 2024
  • 09:00

Redbrick highlighting DEI through employee-led discussions, education sessions

Redbrick is highlighting diversity, equity and inclusion through employee-led discussions and education sessions, beginning with a focus on Black History Month in February. The Victoria,…

  • By: Sadie Janes
  • February 15, 2024 February 14, 2024
  • 09:00

Competitive pension risk transfer costs declined from 101.8% to 100.5% in December: report

The estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased from 101.8 per cent of a plan’s accounting…

  • By: Staff
  • February 15, 2024 February 14, 2024
  • 09:00
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U.S., U.K. delivery, ride-hailing drivers stop work on Valentine’s Day over pay, employee benefits

Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine’s Day, calling for higher pay and other changes…

Canadian pension funds make top 10 list for largest annualized 10-year returns: report

Three of Canada’s largest pension plans are among the top 10 pension funds that generated the largest compound annualized returns between 2013 and 2022, according…

  • By: Staff
  • February 14, 2024 February 14, 2024
  • 09:00

FSRA’s Pension Awareness Day helping engage, educate employees on benefits of workplace pension plans

For its second annual Pension Awareness Day on Feb. 15, the Financial Services Regulatory Authority of Ontario is holding information sessions for its employees to…

42% of Canadian workers looking for a new job in 2024: survey

Two-fifths (42 per cent) of Canadian employees say they’ve already started looking, or plan to look, for a new job in the first half of 2024, up slightly…

  • By: Staff
  • February 14, 2024 February 13, 2024
  • 09:00
Canadian ESG-related investment assets surge to $3.2 trillion: report

91% of Canadian institutional investors say climate change is top ESG concern: survey

A majority (91 per cent) of Canadian institutional investors say climate change is a leading concern within the environmental, social and governance space, according to…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 15:00

63% of U.S. employers with paid-time-off banks say most employees don’t take vacation due to workload: survey

While more than a third (38 per cent) of U.S. employers are offering employees a paid-time-off bank, up slightly from in 2017 (34 per cent),…

CRA clarifying how employers must determine province of employment for remote workers

The Canadian Revenue Agency is providing guidance for employers to determine the province of employment for full-time employees who are working remotely. As of Jan.…

  • By: Staff
  • February 13, 2024 February 13, 2024
  • 09:00

Vestcor appointing Sean Hewitt as president, CEO

Vestcor Inc. is appointing Sean Hewitt as president and chief executive officer, effective mid-April. He’ll succeed John Sinclair, who announced his retirement last November after…

  • By: Staff
  • February 12, 2024 February 14, 2024
  • 15:00
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Survey finds 75% of Canadian workers feeling stressed due to aggressive performance goals

Nearly three-quarters (70 per cent) of global employees say they feel increasingly stressed as their employer has set more aggressive performance goals, with the percentage…

  • By: Staff
  • February 12, 2024 February 9, 2024
  • 09:00

Caisse renews Charles Emond’s mandate as president, CEO until 2029

The Caisse de dépôt et placement du Québec has renewed the mandate of president and chief executive officer Charles Emond for a five-year period concluding…

  • By: Staff
  • February 9, 2024 February 9, 2024
  • 15:00
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Just 35% of working Canadians aged 50+ can afford to retire when they want: survey

Slightly more than a third (35 per cent) of working Canadians aged 50 and older say they can afford to retire when they want, according…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00

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

An article on the Ontario Court of Appeal’s affirmation of a $1.5 million punitive damages award was the most-read article on BenefitsCanada.com this week. Here are the…

  • By: Staff
  • February 9, 2024 February 8, 2024
  • 09:00