The past few decades have brought a significant shift in the Canadian workforce. Two-income families are now the norm. And, as more couples delay having children until their late 30s and early 40s or have to care for aging parents, one partner must be available to handle the demands of family life. As a result, many women are choosing to leave the traditional workforce. For Canadian employers faced with a looming labour shortage, this poses a challenge. But if the flexibility to balance the demands of work and family life is what women need, the answer may lie in virtual teams.
DB plan sponsors are looking to soften ties between their long-term returns and public equity markets. In doing so, more plan sponsors are turning to alternative investments with 48% saying real estate, infrastructure and private investments are gaining their interest, a new survey from RBC Investor Services found.
A number of Canadian companies still struggle to attract and retain high-potential and critically skilled employees who are needed to increase the companies’ global competitiveness, according to a new survey by Towers Watson.
To help your employees navigate the difficult economy and manage their financial stress, you might want to consider offering interoffice financial literacy and planning programs.
The study Facing the Interest Rate Challenge has found that life insurers are more impacted than non-life insurers. But even within life insurance, interest rate sensitivity varies by product, with the savings business being the most affected. Consequently, life insurers must re-price their guarantees and also adjust their product offerings to mitigate their exposure to interest rate risk. Non-life insurers need to raise premium rates to compensate for low investment yields.
New research from the EDHEC-Risk Institute warns of the risk of new forms of alternative-weighted equity indexes seriously underperforming traditional cap-weighted indexes.
One of the first lessons Panther Kuol learned while growing up in Sudan was the value of planning carefully for the future.
Brandes Investment Partners & Co. (Brandes Canada) has announced 10 winners for its scholarship program launched earlier this year. The program, which was specifically developed to address recommendations from the federal Task Force on Financial Literacy, received more than 3,500 applicants from May 23 to July 20. It was open to Canadians between the ages […]
Almost half of Canadians (45%) don’t have an emergency savings fund, meaning an unexpected expense could have them dipping into RRSPs or taking on debt, finds a CIBC poll.
The Saskatchewan Pension Plan is turning to celebrities to teach financial literacy.