Half (51 per cent) of Canadians are planning to contribute to their registered retirement savings plans this year — a substantial increase since last year (18 per cent), according to a new survey by Edward Jones Canada. The survey, which polled more than 1,600 adults, found half (51 per cent) said cost of living is […]
Ontario’s defined benefit pension funds returned an average 2.9 per cent in the fourth quarter of 2022 while plan liabilities continued to benefit from a rising interest rate environment, according to the Financial Services Regulatory Authority of Ontario’s latest solvency report. It also found the majority of plans remained fully funded on a solvency basis […]
The Pension and Investment Association of Canada is calling on the federal government to establish a going-concern plus regime as a long-term minimum funding requirement for federally regulated defined benefit pension plans. In its pre-budget submission to Finance Canada, the PIAC said it believes the Canadian government should set a uniform funding requirement for all provinces […]
Two-fifths (40 per cent) of U.S. organizations currently offer fertility benefits, up from 30 per cent in 2020, according to a survey by the International Foundation of Employee Benefit Plans. The survey, which examined benchmarking data from more than 500 U.S. employers, also found 28 per cent of respondents said they cover fertility medications, up from […]
Canada requires clear, consistent guidance on the integration and reporting of sustainability factors into investment decisions, according to a new report from the United Nations-based principles for responsible investment. “There are currently no consistent regulatory requirements for sustainability reporting that apply to all investors and issuers across Canada,” noted the report. “Without such a tool, […]
The Canada Pension Plan Investment Board’s assets returned 1.9 per cent during the third quarter of fiscal 2023, according to its latest quarterly report. By Dec. 31, 2022, the investment organization’s net assets reached $536 billion, up from $529 billion at the end of September. The $7-billion increase consisted of $10 billion in net income, less $3 […]
The vast majority (86 per cent) of U.S. human resources professionals say they’re concerned about the current economic environment’s impact on employees’ mental and financial health, according to a new survey by the Society for Human Resource Management. The survey, which polled more than 1,700 HR professionals, found half (51 per cent) said they’re prioritizing […]
Half (51 per cent) of employers say they’re planning to hire for new permanent roles in the first half of 2023, up from 40 per cent in September 2022, according to a new survey by Robert Half Canada Inc. The survey, which polled more than 1,400 hiring managers, found two-fifths (42 per cent) of respondents […]
While the majority (89 per cent) of U.S. employees say their employer has a diversity, equity and inclusion program, 62 per cent say these programs aren’t working as they were intended, according to a new survey from WebMD.com. The survey, which polled more than 2,000 employees, found 72 per cent of respondents said they want […]
Two-fifths (42 per cent) of U.S. workers say they’re highly stressed due to their financial health, up from 35 per cent in 2022, according to a new survey by the Harris Poll on behalf of Franklin Templeton. The survey, which polled more than 1,000 employees, found two-thirds (66 per cent) of respondents said they’re experiencing […]