Global institutional investors agree it’s challenging to find diversification among traditional asset classes, with 54% saying that stocks and bonds are too highly correlated to provide distinctive sources of return, according to a new survey. Natixis Global Asset Management surveyed 660 global institutional investors, including corporate, public and government pension funds, sovereign wealth funds, insurance companies, and endowments […]
Business confidence in the Ontario economy is at a five-year low, according to a new report. The Ontario Chamber of Commerce (OCC), in partnership with the Mowat Centre, has published its latest iteration of its Emerging Stronger 2016 report, which features the annual Ontario Business Confidence Index. The index shows that only 30% of Ontario […]
The Association of Canadian Pension Management (ACPM) has asked the Ontario government to delay the implementation of the Ontario Retirement Pension Plan (ORPP) by one year. In a letter to Ontario Premier Kathleen Wynne, the ACPM’s CEO Bryan D. Hocking, wrote: “A one-year delay will allow the collaborative federal and provincial approach commenced last fall to continue, and will allow Ontario […]
EY has launched a new health and well-being campaign for its 5,000 Canadian employees. The campaign – New Year, New You – focuses on a different topic each week, including physical, financial and mental well-being. In the first week of January, the focus was on physical well-being, including highlighting the company’s resources around nutrition, tips […]
While Canadian employers agree that coverage of prescription drugs is an important part of the national healthcare system, they have strong viewpoints and concerns about the adoption of a national pharmacare program, according to new research by Aon Hewitt. The research found that, should a public program require additional funding, respondents cautiously support a funding model […]
Diversified pooled fund managers posted a median return of 2.8% before management fees in the fourth quarter of 2015, according to Morneau Shepell. Its latest Performance Universe of Pension Managers’ Pooled Funds study, which is based on the returns provided by leading portfolio managers, ranging from independent investment management firms to insurance companies, trust companies and financial […]
Xerox has partnered Evive Health to add more predictive analytics to its interactive suite of healthcare solutions, RightOpt, enabling employers to strengthen their well-being programs through personalized communications. Evive Health will combine employer data, claims data, benefits information, analytics and psychographics to prioritize and deliver personalized messages to RightOpt’s enrollees. The system continuously monitors what works from […]
Alberta Investment Management Corporation (AIMCo) has announced it will acquire a minority stake in the holding company of DFG Investment Advisors, a New-York based asset management firm. AIMCo’s collaboration with DFG spans more than six years, first initiated as part of AIMCo’s Fixed Income strategy in 2009. Since that time, according to a news release, the […]
Walmart is rolling out a new short-term disability program, simplified paid time off policy and a pay increase in 2016 for its U.S. employees. The short-term disability program, which came into effect from January 1, offers more financial protection to employees who need to be away from work for an extended period of time due to […]
The growth in digital media is transforming how work is getting done, with positive effects on employees’ professional lives, including their ability to find work, learn and develop professional skills, and achieve a work-life balance, according to new research. The Shaping the Future Implications of Digital Media for Society, which was published by the World Economic Forum and […]