Nearly two-thirds (60 per cent) of global defined contribution pension plan members say they’re thinking differently about retirement amid rising inflation, according to a new survey by MFS Investment Management. The survey, which polled roughly 4,000 global DC plan members, found workers younger than age 45 were more likely to say they’ll need to save more […]
The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner. Through partnerships with companies and investors, Ownership Works is aiming to change the corporate culture of ownership by integrating broad-based equity plans that include employee ownership, according to a press […]
The majority (92 per cent) of Canadian employers say they face challenges hiring skilled talent and 40 per cent say they plan to increase starting salaries in 2024 to attract and retain highly skilled workers, according to a new survey by Robert Half Canada. The survey, which polled more than 1,300 employers and more than […]
The Canada Pension Plan Investment Board says it will meet its goal of holding $130 billion in green and transition assets by 2030, according to a new report by the investment organization. The CPPIB’s current green asset mix was $79 billion as at March 31, 2023, up 17.9 per cent year-over-year from $66 million. “We […]
Nearly a third (32 per cent) of U.S. institutional investors say they plan to increase their private asset allocations over the next two years, primarily due to diversification benefits, lower volatility and the potential to garner higher returns than public markets, according to a new survey by Schroders. The survey, which polled more than 100 […]
More than half (57 per cent) of U.S. workers say they’re currently experiencing at least moderate levels of burnout, according to a new report by Aflac Inc. The survey, which polled 2,000 employees, found workplace stress is disproportionately affecting both women and younger workers. Indeed, 75 per cent of women reported experiencing burnout at work, […]
More than a third (36 per cent) of U.S. employers say they disclose individual pay ranges to employees and nearly half (46 per cent) are planning or considering doing so in the future, according to a new survey by WTW. The survey, which polled nearly 450 employers, found roughly half (48 per cent) said they […]
Canada’s retirement system ranks No. 12 out of 47 countries but has room for improvement amid a challenging economy and ageing population, according to a new report by Mercer and the CFA Institute. The report analyzed retirement systems based on adequacy, sustainability and integrity. It ranked the Netherlands with the highest score (85.1 out of 100), […]
While U.S. generation Z workers want to retire at age 61, 99 per cent of these employees say they’re facing obstacles to saving for a comfortable retirement, a nine per cent increase from 2022, according to a new survey by Charles Schwab & Co. Inc. The survey, which polled 1,000 401(k) plan participants, found the […]
Iversoft is appointing Steph Barlow to the role of chief people officer. Barlow joined the Ottawa-based organization in 2017 as people and culture specialist and she became its director of people and culture in 2018. In the new role, she’ll continue to drive Iversoft’s human resources and talent strategies, while championing diversity, equity and inclusion, according to […]