With restrictions gradually lifting across the country this summer, employers started to turn their attention to their return to the workplace plans. Now, the fourth wave is underway and uncertainty continues to hang around us like a heavy, dust-covered curtain. But it’s time to clean up, move forward and set out plans for the big […]
Eighteen months into the coronavirus pandemic and counting, one of its hottest topics is still up for debate. Jim Stanford, economist and director of the Centre for Future Work The lack of adequate and consistent paid sick leave constitutes a gaping hole in Canada’s public health and social security response to COVID-19. As public health […]
When the coronavirus pandemic shook up the investment landscape last spring, Canadian pension funds were also jostled by the shock wave, with the Alberta Investment Management Corp. and the Ontario Municipal Employees Retirement System among the hardest hit. And while the pandemic was an unprecedented event, such losses have raised the issue of whether Canadian pension […]
Early in Shannan Corey’s pension career, many of the boards she worked with were dominated by men over the age of 50. Corey, now executive director of the Saskatchewan Pension Plan, recalls one particular board meeting she attended when her company’s actuary, also male, wasn’t able to attend. “I was in my 30s and still […]
Preparing financially for retirement is a marathon filled with many obstacles along the way to a constantly shifting finish line. Even in 2021, female employees tend to have more obstacles and subsequently lag well behind their male counterparts when it comes to retirement savings. Women retire 30 per cent less wealthy than men, according to […]
When the University Pension Plan officially launched in July 2021, it did so with Barbara Zvan as its inaugural president and chief executive officer. Fresh from a 25-year career with the Ontario Teachers’ Pension Plan, she was appointed by the UPP’s board of trustees in July 2020. While most of the foundational work had been […]
Like many other countries around the world, Poland’s aging population is increasingly highlighting the topic of retirement savings. “Each year, the number of pensioners increase while the fertility rate decreases,” says Sebastian Ludwin, a Poland-based pension projects leader and business development manager at Aon. “On top of that, the public pension replacement rate also decreases […]
A third of investment organizations participating in the CFA Institute’s recent diversity, equity and inclusion program said they’ve trained between 81 and 99 per cent of their employees in detecting unconscious bias or practicing inclusive leadership, according to a new survey. The survey — conducted across 41 investment organizations that participated in the 2020 program […]
The ongoing coronavirus pandemic has made legislated bereavement leave policies top of mind for both employers and employees. As of Sept. 15, at least one in 1,376 Canadian residents have died from the coronavirus, for a total of 27,315 deaths, according to The New York Times. Bereavement leave is available for employees across most Canadian jurisdictions and some of […]
Microsoft Corp. is pushing back its return-to-office date in the U.S. indefinitely amid rising uncertainty due to the ongoing coronavirus pandemic. While the technology company had originally planned to reopen its Redmond, Wash., headquarters and other U.S. offices on Oct. 4, those plans have “shifted,” according to a company blog post written by Jared Spataro, […]