While U.S. employees say it takes $1.1 million in savings, on average, to retire comfortably, 56 per cent expect to have less than $500,000 saved, according to a new survey by Schroders. It found 36 per cent of respondents expect to save less than $250,000 and only 24 per cent expect to save $1 million […]
A high-inflation environment is pushing Canadian pension plan sponsors toward alternative sources of fixed income, according to a white paper released by Coalition Greenwich. The white paper, which was commissioned by Toronto-based AGF Investments, is based on telephone interviews with 31 Canadian corporate and public sector pension plan sponsors and endowment fund managers. It found […]
The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a joint venture to manage the Sony Centre in Berlin. The Oxford Properties Group, which previously held a 94.9 per cent share in the eight-building complex, is selling 44.9 per cent of its stake to the Norges Bank Investment Management, an investment […]
The Caisse de dépôt et placement du Québec is backing McGill University’s launch of a sustainable growth initiative, a program dedicated to providing businesses with actionable solutions for building a more sustainable economy. The SGI is a cross-faculty venture designed to help businesses aim for both profitability and achieving a positive social and environmental impact. […]
More than half (59 per cent) of U.S. workers say it would be easy to find a new job and many have taken or plan to take steps to leave their current role, according to a survey by the Hartford Financial Services Group Inc. The survey, which polled 500 employers and 1,000 employees, found the […]
Close to half (45 per cent) of Canadians say the ongoing coronavirus pandemic has negatively impacted their mental health, according to LifeWorks Inc.’s latest mental-health index. Although Canadians’ overall mental-health score increased to negative 10 in April from negative 10.5 in March, respondents reported lower scores in terms of work productivity (negative 11.5 from negative […]
More than half (55 per cent) of U.S. working parents say they aren’t receiving enough support from their employer while having to care for their teenagers’ mental-health needs, according to a new survey by Economist Impact and Cigna Corp. The survey, which polled 1,100 working parents, found nearly a fifth (18 per cent) of working […]
While most U.S. employers have committed to diversity, equity and inclusion and accessibility initiatives, the majority haven’t embedded these initiatives into their daily processes, according to a survey by Inclusively and Forrester Research Inc. The survey, which polled more than 150 human resources leaders in the U.S., found most respondents said while their company has basic […]
The real estate arm of the Ontario Municipal Employees’ Retirement System is entering a long-term strategic partnership to develop commercial laboratories in France. In the agreement it reached with French urban investor and developer NoVaxia Inc., the Oxford Property Group will co-manage approximately €1 billion ($1.4 billion) in assets which will be invested in life sciences […]
Only one per cent of institutional investors described their organizations as non-adopters of environmental, social and governance investing criteria, according to a survey from Capital Group. The survey, which polled 1,100 institutional investors working around the world, found two-thirds of institutional investors that hadn’t adopted ESG strategies a year ago have now done so. Another 10 per […]