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Employees aged 40 and younger are 60 per cent more likely than workers aged 50 and older to lack confidence in their ability to cope with stressors at work, according to LifeWorks Inc.’s latest mental-health index. The survey’s respondents reported an overall mental-health score of 64.6, up slightly from 64.3 in November. The sub-scores for anxiety […]

  • January 27, 2023 January 27, 2023
  • 15:00

More than two-thirds (69 per cent) of employees say their manager impacts their mental health as much as their spouse or partner, according to a new survey by human resources consultancy UKG. The survey, which polled 2,200 employees from around the world, found 70 per cent of respondents said their employer needs to do more […]

  • January 27, 2023 January 26, 2023
  • 09:00

An article on how British Columbia’s amended definition of provision for adverse deviation will impact the province’s target-benefit pension plans was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. B.C.’s amended PfAD to provide more flexibility to target-benefit pension plans: experts 2. BNP Paribas expanding […]

  • January 27, 2023 January 26, 2023
  • 09:00

The Caisse de dépôt et placement du Québec is partnering with an asset manager to provide a credit facility to an electric vehicle subscription service. Through its partnership with Pollen Street, an alternative asset management firm, the investment organization has established a $153-million line of credit for Onto, a U.K.-based company that provides its subscribers […]

  • January 26, 2023 January 26, 2023
  • 12:00

Nearly two-thirds of institutional investors say they’re planning to increase their allocations to real assets over the next two years, amid a backdrop of inflation and sustainability challenges, according to a survey by Aviva Investors. The survey, which polled 500 institutional investors from around the world, found nearly half (47 per cent) said they have […]

  • January 26, 2023 January 26, 2023
  • 09:00

A new retirement plan design could allow more public employees in the U.S. to accrue retirement benefits regardless of their length of service, according to a report by think tank the Reason Foundation. The plan, which blends elements of defined contribution and defined benefit pension plans, focuses on providing employees with the target retirement income […]

  • January 25, 2023 January 25, 2023
  • 09:00

Nearly two-thirds (64 per cent) of U.S. employers are planning to increase their spend on employee wellness programs, according to a new survey by Wellable. The survey, which polled roughly 200 health insurance brokers and wellness consultants, found respondents expect employers to prioritize benefits related to mental health (91 per cent), stress management and resilience […]

  • January 25, 2023 January 24, 2023
  • 09:00

The Ontario Teachers’ Pension Plan is setting higher expectations for increased participation of women in board roles at large-cap companies in 2023. The pension fund’s proxy voting guidelines advocate for large-cap companies on developed market indices to increase the number of women directors on their boards to a minimum of 40 per cent, up from […]

  • January 24, 2023 January 24, 2023
  • 09:00

The majority (80 per cent) of frontline employees who say they feel supported and understood by their manager plan to stay in their current role, according to a global survey by Lighthouse Research & Advisory on behalf of software company Workday Inc. The survey, which polled more than 3,000 workers, found a supportive manager can […]

  • January 23, 2023 January 23, 2023
  • 15:00

A third (33 per cent) of Americans nearing retirement say they’re already drawing down their social security benefits, according to a survey by Allspring Global Investments. The survey, which polled more than 1,500 near-retirees and more than 1,200 retirees, found one in four retirees said they retired early due to job loss or a health […]

  • January 23, 2023 January 23, 2023
  • 09:00