The Canadian federal government has proposed the '25-and-out' pension plan, which aims to revolutionize retirement for frontline public safety and law enforcement workers. Allowing these workers to retire with full benefits after just 25 years of service, this legislation seeks to address
August 1, 2024The 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%
August 1, 2024Bob 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
July 23, 2024In 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
June 13, 2024In 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
May 14, 2024The 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,
April 23, 2024