The Canadian Association of Pension Supervisory Authorities is releasing a consultation draft of revisions to its guidelines for capital accumulation plans. The updated guidelines replace the 2004 document and reflect the expectations of regulators regarding the operation of a workplace CAP, regardless of the regulatory regime applicable to the plan. Read: CAPSA developing multi-jurisdictional VPLA […]
Half (49 per cent) of employees would like their employer to increase investment in mental, physical and financial well-being resources, according to a new survey by employee engagement company Reward Gateway. The survey, which polled 3,800 employees and human resources decision-makers across Australia, the U.K. and U.S., found 50 per cent would like to see increased […]
While official diversity, equity and inclusion policies have been widely adopted by U.S. institutional asset management organizations, these policies have made little difference to the makeup of executive ranks, according to a survey by Meketa Investment Group. The survey, which was based on responses provided by 420 U.S. institutional asset managers, found by the end of […]
The real estate arm of the Caisse de dépôt et placement du Québec is acquiring an 11.5 hectare warehouse in Germany. The facility — located in Hamburg, near Europe’s busiest freshwater freight port — serves as a distribution centre for the H&M Group, which will continue to lease the entire facility under its new ownership, […]
More than half (52 per cent) of U.S. full-time employees said the health benefits offered by their employer are unaffordable and 47 per cent said the same benefits aren’t worth the cost, according to a new survey by Alight Solutions. The survey, which polled more than 2,000 employees, also found time constraints (40 per cent), […]
An article on the potential future of pension plans in the private sector was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Expert panel: Are private sector employers heading toward a pension renaissance? 2. A third of Canadian employees retiring sooner than planned: survey 3. Mental-health […]
While Canadians nearing retirement age have seen a doubling in the median value of both their assets and net worth since 1999, the prospect of a comfortable retirement remains out of reach for many employees, according to a new report by the C.D. Howe Institute. It found a quarter of Canadians aged 45 to 64 […]
Nearly half (47 per cent) of mothers are feeling burnt out trying to balance work and childcare responsibilities, according to a new survey by the Canadian Women’s Foundation. The survey, which polled more than 1,500 working caregivers, found a vast majority (96 per cent) of moms agreed mothers and other caregivers have been significantly impacted by […]
The majority of institutional investors believe the Russian invasion of Ukraine will be the catalyst of a period of high inflation and low employment around the globe, according to new survey by London-based CoreData Research. The survey, which polled 200 global institutional investors, found about a fifth (18 per cent) of respondents believe the invasion […]
The Ontario Pension Board, the administrator of province’s public service pension plan, generated a return of 9.4 per cent in 2021. In its yet-to-be released 2021 annual report, the OPB also reported its assets under management had grown to $33.8 billion, up from $31 billion the previous year. It also improved its solvency ratio by […]