Canadian institutional investors are more likely (58 per cent) than their global peers (50 per cent) to view making a positive impact on society and the planet as the main reason to focus on sustainable investment outcomes, according to a new survey by Schroders. The survey, which polled 770 institutional investors around the globe, found the vast […]
The IWA–Forest Industry pension plan and long-term disability plan are appointing Mark Guiton as chief executive officer. Guiton (pictured left), who has been the organizations’ general counsel since 2017, is replacing outgoing CEO Derrick Johnstone. Prior to joining the IWA, he was director of legal services for the British Columbia Safety Authority for more than nine years. […]
The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group. The committee will draw on the group members’ technical input and expertise in the areas of integrated risk management, according to a press release, which noted participants will be selected from various pension sector categories based on […]
Three-fifths (60 per cent) of Canadian employees are considering leaving their job due to factors such as burnout and a lack of alignment with their employer’s values, according to a new survey by Ceridian HCM Inc. The survey, which polled more than 1,000 employees, found among employees looking for a new role, 39 per cent said […]
U.S. employer-sponsored health insurance and well-being programs are expected to yield an average return on investment of 47 per cent this year, according to a new report by Avalere Health, commissioned by the U.S. Chamber of Commerce. It found the key drivers of this ROI are improved employee productivity (US$275.6 billion), reductions in direct medical […]
The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals that have made extraordinary efforts on behalf of their pension plan members. Visit the Pension Leadership Awards website to submit a nomination for your organization. Consultants and advisors are also encouraged […]
The Canada Pension Plan Investment Board is investing in a Colombian discount grocery chain. The US$335 million investment in D1, which is owned by the Koba International Group, secures a 19.3 per cent stake for the CPPIB. The transaction is its first direct private equity investment in Colombia. According to a press release, the CPPIB […]
The Public Sector Pension Investment Board is engaging WSP Global Inc. to develop a consistent methodology for analyzing the environmental impact of its natural resources assets. The consultancy firm will conduct a detailed climate analysis of the portfolio, which includes more than three million hectares of land across more than 400 properties based in six countries. […]
While more than half (58 per cent) of employees within 10 years of retirement are contributing to retirement savings, only about a third (30 per cent) have established a thorough financial plan, according to a new survey by Age Wave and Edward Jones Canada. The survey, which polled more than 1,000 Canadians aged 45 or […]
The Netherlands is making remote working a legal right for its citizens. On July 5, the Dutch bicameral parliament’s lower house passed legislation that forces employers to consider employee requests to work from home as long as their professions allow for it, according to a report by Bloomberg. If the legislation, which is set to go […]