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A third (34 per cent) of U.S. women say they don’t have access to an employer-sponsored retirement plan, while a fifth (22 per cent) say they’ve emptied their employer-sponsored retirement account to meet non-retirement expenses, according to a new survey by software company Iralogix Inc. The survey, which polled more than 200 women, found nearly […]

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00
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More than a third (37 per cent) of U.S. employers that offer a non-qualified retirement plan say attraction and retention of key talent is their No. 1 reason for offering these plans, according to a new survey by WTW. The survey, which polled around 400 employers representing more than 7.5 million employees, found more than […]

  • By: Staff
  • August 17, 2023 August 16, 2023
  • 09:00
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While more than half (55 per cent) of U.S. generation X employees participate in an employer-sponsored retirement savings plan, nearly two-thirds of men (62 per cent) and women (64 per cent) participating in these plans say they’ve saved less than 10 per cent of their retirement savings target, according to a new report by the […]

  • By: Staff
  • July 20, 2023 July 19, 2023
  • 09:00

The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation plans in one event. This year, delegates heard the results of Benefits Canada‘s exclusive CAP Member Survey with a panel of experts discussing the findings, case studies from two leading […]

High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per cent of capital accumulation plan members say inflation is negatively impacting their financial situation, while 59 per cent say the same about interest rates. For many people, the day-to-day cost […]

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Two-thirds (65 per cent) of younger U.S. workers say paid time off is the No. 1 employer benefit that influences their job search, followed by a flexible work schedule (58 per cent), according to a new survey by the Bank of America and Georgetown University’s McDonough School of Business. The survey, which polled more than […]

  • By: Staff
  • June 16, 2023 June 16, 2023
  • 15:00

Three-quarters (75 per cent) of Canadian adults aged 55 to 64 have $100,000 or less in savings and 44 per cent have less than $5,000, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,000 Canadian employees, found 44 per cent haven’t set aside any money for retirement […]

More than half (58 per cent) of U.S. employees say outliving their assets is their greatest fear in retirement, according to a new survey by Cerulli Associates. While the percentage is even higher for near-retiree and retiree generations (generation X and baby boomers), longevity risk is the greatest concern across all generations. As a result, […]

  • By: Staff
  • June 9, 2023 June 8, 2023
  • 15:00

More than 20 U.K. pension organizations are forming an industry coalition to tackle pension inequalities. The Pensions Equity Group aims to increase the number of people saving enough for their retirement and will call on pension plan sponsors to offer greater support to members. The coalition also seeks to develop a consistent way to measure pension […]

  • By: Staff
  • June 5, 2023 June 5, 2023
  • 09:00

More than half of U.S. women say they aren’t financially secure, a percentage that increases to 77 per cent among low-income women, according to a survey by Public Opinion Strategies and Lake Research Partners on behalf of the National Council on Aging and the Women’s Institute for a Secure Retirement. The survey, which polled more […]

  • By: Staff
  • May 29, 2023 May 26, 2023
  • 09:00