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More than two-thirds (68 per cent) of Canadian employees say the rising cost of food and groceries is heavily affecting their stress levels during work hours, according to a new survey by ADP Canada Co. The survey, which polled more than 1,200 workers, found planning for major expenses (62 per cent) and the rising cost […]

  • By: Staff
  • June 7, 2024 June 6, 2024
  • 15:00
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Nine in 10 (92 per cent) U.S. employees say they need additional financial resources in their employer-sponsored benefits plan, up from 79 per cent in 2022, according to a new survey by BCHR Holdings and Arthur J. Gallagher & Co. The survey, which polled more than 250 employers and roughly 700 employees, found one in […]

  • By: Staff
  • May 30, 2024 May 31, 2024
  • 15:00

Nearly two-thirds (63 per cent) of Americans say they worry more about running out of money than death, up from 57 per cent in 2022, according to a new survey by the Allianz Life Insurance Co. of North America. The survey, which polled more than 1,000 employees with $150,000 investable assets, found generation X was […]

  • By: Staff
  • May 30, 2024 May 29, 2024
  • 09:00

A quarter (24 per cent) of Canadian generation Z workers say their verbal skills have worsened due to virtual learning or working during the coronavirus pandemic, compared to only five per cent of baby boomers, according to a new survey by language learning platform Preply Inc. The survey, which polled more than 1,500 Canadians, found 92 […]

  • By: Staff
  • May 21, 2024 May 17, 2024
  • 09:00

PepsiCo Canada is baking flexibility into its retirement savings benefits to support employees’ financial security amid the rising cost of living. To help employees reach their retirement savings goal, the food and beverage company is matching employees’ bonuses up to 3.5 per cent, with the employer contribution automatically directed into their defined contribution pension plan. […]

Inspired by the University of British Columbia’s variable payment lifetime annuity option, the Australian Retirement Trust is taking a similar approach to decumulation, which, in turn, may hold lessons for Canadian defined contribution plan sponsors, said Brnic Van Wyk, the plan’s head of asset and liability management, during a session at Benefits Canada’s 2024 DC […]

Technology plays an increasingly important role as defined contribution pension plan sponsors seek to deploy decumulation support and retirement advice at scale, said Jean-Michel Lavoie, vice-president of strategy and market development for group retirement services at Sun Life Financial Inc. (pictured right), during a session at Benefits Canada’s 2024 DC Plan Summit in February. The […]

Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA. The report found more millennials (55 per cent) and generation Z (44 per cent) workers were concerned about having enough money saved for a comfortable retirement, compared to generation X […]

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 15:00
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Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working arrangement, according to a survey by IWG Canada.  The survey, which polled more than 1,000 Canadian adults who work in a flexible, hybrid environment, found an overwhelming majority of gen Z […]

  • By: Staff
  • April 26, 2024 April 26, 2024
  • 15:00

Canadians’ happiness in the workplace increased to 6.8 points out of 10 in April, up slightly from 6.6 in March, according to a new survey by ADP Canada Co. The survey, which polled 1,200 Canadian workers, found nearly half (47 per cent) said they feel satisfied in their current roles and responsibilities, with respondents continuing to […]

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 15:00