With many demands on employees’ money, could helping them build an emergency fund alongside their retirement savings make them more financially secure in the long run? Last week, Britain’s National Employment Savings Trust Insight began piloting its new sidecar savings program, which aims to optimize pension savings while helping workers maintain a reasonable amount of liquid savings […]
Though President Trump hasn’t been successful in following through his promise to construct a wall on the border between the United States and Mexico, he’s certainly stoked serious divisionism, with signals popping up the world over that nations are tugging on their drawbridges where trade, migration and other economic activities are concerned. Whether it’s the […]
Country music icon Dolly Parton has learned through her career the value of even a small piece of intellectual property. In 1974, when Elvis Presley wanted to cover her song I Will Always Love You, she turned down the deal because Presley’s manager insisted on 50 per cent of all future royalties for the tune. […]
A debate on the viability of responsible investing is bubbling underneath the reaction to a recent U.S. Senate bill, aiming to further regulate proxy voting firms. Proxy voting firms help institutional investors complete shareholder votes, analyzing data and establishing votes that are reflective of a fund’s house views, while incorporating an increasing universe of potential […]
Using a Canada-model pension plan, employees would see $5.32 in retirement income for every dollar they contribute compared to the typical $1.70 resulting from an individual approach, according to a new report by the Healthcare of Ontario Pension Plan. The report, The Value of a Good Pension, divides Canadian retirement options into five distinct types: an individual […]
While equity markets in North America experienced a difficult October, Japan’s equity markets may prove an attractive alternative given their relatively dampened valuations and companies’ historically high profit margins. “Part of the reason why we’ve started to move on our preference to upgrade Japanese equities has been that we are starting to see earnings on the […]
The political congestion likely to stem from the United States’ midterm election results has equally mixed implications for equity markets, with Democrats taking a majority in the House of Representatives and Republicans making further gains in their majority in the Senate. “A split Congress may bring gridlock, but the stock market has historically fared well with divided […]
These days, peace of mind is hard to come by, but the employers at the 2018 Workplace Benefits Awards roundtable centred their discussion around the many ways they can positively contribute towards their workforces’ mental, physical and financial health, particularly when it comes to absenteeism and improving return-to-work processes. “We know that if people are […]
For nearly a decade, analysts have been considering where the next market downturn will come from and when it will strike. But with the Dow Jones Industrial Average’s 800-point drop on Oct. 10, 2018, some asset managers are wondering whether it’s already begun. Amid the uneasiness, Sun Life Global Investment Management is pointing to a number of clouds […]
Niagara Casinos’ multi-pronged approach and leveraging of company resources to promote financial literacy among employees contributed to its award for financial wellness at Benefits Canada’s 2018 Workplace Benefits Awards in Toronto on Oct. 11. The organization’s financial wellness program includes an employee intranet, which is available at work and from employee’s home computers. The network features graphics […]