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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

Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated

Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 15:00

CAAT returns 9.5% for 2023, led by global, emerging market equities

The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion,…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 09:30

PSAC files policy grievance regarding transfer of PSHCP, impacts on plan members

The Public Service Alliance of Canada recently filed a policy grievance against the Treasury Board for its management of the transfer of the Public Service…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert

Data centres are becoming an important asset for institutional investors seeking to diversify their real estate portfolios. The data centre asset class was valued at…