The fiscal year ending June 30, 2024, turned out to be highly successful for New York City's five public pension systems. These systems, managed by the NYC Comptroller's Office through the Bureau of Asset Management (BAM), delivered a robust 10.0% return, net of fees, surpassing their 7%
Bob Gilbert, the longstanding President and CEO of the Hospitality Sales and Marketing Association International (HSMAI), is set to retire after three decades of transformative leadership. His tenure has significantly influenced both HSMAI and the broader hospitality industry. From driving global
In today's fast-paced world, financial anxiety is a common ailment afflicting the workforce, impacting efficiency and, consequently, corporate success. A recent study by Betterment reveals a staggering 54% of employees feeling that financial worries hamper their focus on the job. Even more
In the fiercely competitive landscape of the Canadian job market, small and medium-sized enterprises (SMEs) confront a daunting uphill battle to entice and maintain top talent. With workers increasingly on the lookout for new opportunities—and the majority of employers apprehensively bracing for a p
The U.S. Department of Labor is focusing on improving the quality of financial guidance given to retirees. Through a new regulatory effort, the Department aims to place retirees' interests at the forefront of financial planning. The intent is to hold advisors to a stringent ethical standard,
The establishment of the Australian Retirement Trust's first office in London is a strategic move that forecasts a new era for the fund's investment ventures. The Trust, boasting a hefty portfolio valued at A$280 billion, has already marked its territory in the UK and Europe with assets
