A majority (77 per cent) of U.S.-based institutional investors expect interest rates and inflation to remain elevated in 2024, causing problems for risk assessments over the next year, according to a new survey by CoreData. The survey, which polled 100 U.S. institutional investors, found the number of investors concerned about the role of inflation over […]
The Pension Investment Association of Canada is urging the federal government to open a comprehensive consultation regarding the cessation of real return bonds. In an open letter, the PIAC said the decision was made without extensive consultations with the primary purchasers of real return bonds, including pension investors. While real return bonds have typically exhibited a lower […]
Since the onset of the coronavirus pandemic three years ago, the global economy has faced a bumpy ride, led by the lingering public health crisis, rising geopolitical tensions and high inflation. The 2023 Defined Contribution Investment Forum, which was held on Sept. 29 at the Ritz-Carlton Hotel in Toronto, shared thought leadership on the various […]
Defined contribution pension plan members are currently in a different place, especially the younger generations, who are likely feeling as though their financial priorities don’t line up with workplace pensions the way they did for previous generations. “What I’m getting at here is the idea that retirement saving isn’t the undeniable consensus top priority it […]
The value of the total assets under management for the world’s 500 largest asset managers reached US$113.7 trillion as of Dec. 31, 2022, down 13.7 per cent from the previous year, according to a new report by WTW’s Thinking Ahead Institute. In a press release, Jessica Gao, director of the Thinking Ahead Institute, said asset […]
The average Canadian defined benefit pension plan returned negative four per cent in the third quarter of 2023, according to two new reports. The RBC Investor and Treasury Services’ universe, which tracks performance and asset allocation across Canadian DB plans, found the most recent quarterly losses mean the average return has decreased to 1.9 per cent […]
More than half (53 per cent) of Canadian employees say they feel negatively about work and 30 per cent feel tired and overworked, according to a new survey by ADP Canada. The survey, which polled more than 1,800 employees, found two-thirds (68 per cent) said work-life balance was among their top three priorities (along with […]
As a majority (84 per cent) of Canadian employers say they’re concerned about an emerging retirement income crisis, they also agree that, without access to employer-sponsored pension plans, workers will become a burden on the taxpayer (82 per cent) and the economy will suffer (79 per cent), according to a new survey by the Healthcare […]
The Bank of Canada held its key interest rate steady at five per cent, but hasn’t ruled out future rate hikes as price pressures remain high. “With clearer signs that monetary policy is moderating spending and relieving price pressures, governing council decided to hold the policy rate at five per cent,” said the Bank of […]
Nearly two-thirds (60 per cent) of global defined contribution pension plan members say they’re thinking differently about retirement amid rising inflation, according to a new survey by MFS Investment Management. The survey, which polled roughly 4,000 global DC plan members, found workers younger than age 45 were more likely to say they’ll need to save more […]