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More than two-thirds (68 per cent) of North American employers have a formal diversity, equity and inclusion policy or program, while 60 per cent offer employee education on DEI, according to two separate surveys by Leger Marketing Inc. on behalf of ESG Global Advisors and ACI Argyle Communications Inc. The surveys, which polled more than 70 […]

  • November 21, 2022 November 18, 2022
  • 09:00

More than two-thirds (70 per cent) of millennials say they aren’t saving enough for retirement, while 27 per cent aren’t able to save any money, according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees aged 18 and older, found millennials were most likely to cite debt (21 […]

  • November 18, 2022 November 17, 2022
  • 15:00

An article on the Canadian Federation of Pensioners’ response to proposed legislative and policy updates for Alberta’s private sector pension regulations was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CFP urging Alberta government to reconsider transfer of pension risk to plan members 2. Walmart […]

  • November 18, 2022 November 18, 2022
  • 09:01

In its fall economic statement, the Ontario government said it will ask stakeholders to provide feedback this winter on a draft framework for target-benefit pension plans. “Implementation of a permanent target-benefit framework would pave the way for more employers to offer workplace pension plans, increasing the opportunities for workers to save for their retirement,” said the […]

  • November 17, 2022 November 17, 2022
  • 13:00

The Canada Pension Plan Investment Board is increasing its stake in a French airport operator. The investment organization is acquiring a 1.59 per cent share of Aéroports de Paris from the Royal Schiphol Group. The move will grow the CPPIB’s total ownership stake in ADP to about 5.64 per cent. ADP owns and operates three […]

  • November 17, 2022 November 17, 2022
  • 12:00

The University Pension Plan is appointing Brian Gill as its chief technology officer. In the new role, Gill will oversee the teams responsible for the UPP’s strategic initiatives, technology infrastructure, data analytics and business intelligence. He’ll also be involved in shaping the organization’s strategic and operational direction by providing input on a wide spectrum of […]

  • November 17, 2022 November 17, 2022
  • 12:00

Nearly two-thirds (62 per cent) of Canadian pre-retirees say the rising cost of living is preventing them from retiring when they’d like to, up from 56 per cent in 2021, according to a new survey by Fidelity Canada. The survey, which polled more than 1,900 Canadians aged 45 and older, found 55 per cent said […]

  • November 17, 2022 November 16, 2022
  • 09:00

More than two-thirds (68 per cent) of U.S. employees say they’re more likely to stay longer at their current job if their employer offers financial wellness benefits, according to a new survey by software platform TalentLMS. The survey, which polled 1,000 employees, found 73 per cent said their employer offers financial wellness benefits. The top […]

  • November 16, 2022 November 17, 2022
  • 15:00

The Canadian Federation of Pensioners is taking issue with some of the Alberta government’s proposed legislative and policy updates for private sector pension laws, including a focus on transferring pension risk from plan sponsors to plan members. In its response to the provincial regulator’s consultation draft, the CFP said transferring this risk would be a significant […]

  • November 16, 2022 November 16, 2022
  • 09:00

The Canada Pension Plan Investment Board’s assets returned 0.2 per cent during the third quarter of 2022, according to its latest quarterly report. By Sept. 30, 2022, the investment organization’s net assets reached $529 billion, up from $523 billion at the end of June. About $5 billion was generated by net transfers, while the remainder […]

  • November 15, 2022 November 16, 2022
  • 13:00