The world’s 500 largest asset managers’ assets under management reached US$139.9 trillion at the end of 2024, a 9.4 per cent increase from the previous year, according to a new report by WTW’s Thinking Ahead Institute. It found this increase was driven largely by North American asset managers, which reported an average increase of 13 […]
While earlier generations of Canadian retirees fared well despite limited financial literacy thanks to simpler pension systems, today’s employees face a more complicated journey through a self-directed financial landscape, according to a new report by the C.D. Howe Institute. It found Canadian employees, especially those in the private sector, are partially left to their own […]
The union representing workers at Loblaws Inc.’s distribution centre in Ajax, Ont. have ratified a new five-year collective agreement that includes benefits and wage gains. Employees with 15 or more years of service will now have their top-tier benefits plan fully paid by the employer, eliminating the previous monthly costs of $50 for single coverage […]
Almost half of global organizations say employee productivity would increase by at least 10 per cent if their performance management process was optimized, according to a new survey by WTW. The survey, which polled nearly 500 employers, found while their employees expect clear goals and priorities, regular feedback, fair ratings and strong ties to rewards, […]
An article on one of Pratt & Whitney Canada’s wins in Benefits Canada’s 2025 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Pratt & Whitney Canada’s winning well-being program centres around four pillars of […]
In its 2025 budget, the federal government announced several initiatives to incentivize institutional investors to back domestic infrastructure and business ventures. The budget proposed $1 billion on a cash basis over three years, starting in 2026, for the Business Development Bank of Canada to launch a venture and growth capital catalyst initiative, a fund-of-funds that […]
An article on recent private equity investments by the Canada Pension Plan Investment Board was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. CPPIB increases stake in environmental services firm, receives approval for energy provider takeover 2. Solvency […]
While nearly all (97 per cent) large U.S. employers say they offer mental-health coverage, fewer than half (47 per cent) of employers are measuring whether these benefits are delivering timely, effective care, according to a new survey by the Employee Benefit Research Institute. The survey, which polled more than 400 employers, found just 22 per […]
Canadian public sector employees continue to outpace private sector workers in defined benefit pension plan membership, according to a new report by the Fraser Institute. It found 86.7 per cent of Canadian public sector workers were covered by a registered pension plan compared to only 21.8 per cent in the private sector, citing data from […]
The Ontario Teachers’ Pension Plan is appointing Christopher Metrakos as executive managing director of infrastructure and natural resources, effective immediately. In this role, he’ll be responsible for guiding strategy, portfolio and asset management activities globally. Metrakos joined the Ontario Teachers’ in 2014 and was most recently its senior managing director of natural resources. Read more People […]