As all aspects of employee well-being increasingly overlap, it’s never been more critical to look at the intersection between health and wealth, especially for a traditionally underserved part of the population. The inaugural Women’s Health & Wealth Summit, which was hosted in Toronto on March 5, brought together plan sponsors and other industry thought leaders […]
Driving to a client meeting in 2003, Kate Nazar, then age 30, felt shooting pains up her spine and pulled to the side of the road, stepped out of the car and collapsed. Hours later, after emergency surgery, she learned the episode — and the months of missing menstrual cycle before it — were symptoms […]
“Financial autonomy is something a lot of Canadians are striving for every day — alongside that, they can achieve financial empowerment,” said Avnee Patel (pictured right), senior director of business development and group retirement savings at Desjardins, during a fireside chat at Benefits Canada’s inaugural Women’s Health & Wealth Summit. “Growing up, financial empowerment felt […]
Financial stress is an ever-present concern for many employees — among women, it’s even more pronounced. A survey by the Financial Resilience Institute found almost two-thirds (72 per cent) of women said money worries cause them emotional stress, eight percentage points higher than men, while 71 per cent of Canadian women are stressed about not […]
While more than half (52 per cent) of workplace savings plan members count on the plan as their main source of retirement income, both men (16 per cent) and women (12 per cent) overstated their account balances, according to Sun Life’s latest survey of 1,900 plan members. Sharing the survey results at Benefits Canada’s 2026 […]
During a recent transition between record keepers, KPMG in Canada focused on keeping communications with employees human and simple, including what to say, when to say it and how to measure confidence. “It wasn’t just a record-keeper change,” said Christine McCloskey-Bruno (pictured right), senior total rewards manager, during a session at Benefits Canada’s 2026 Defined […]
Understanding retirement savers’ views, concerns and points of stress related to their financial lives allows the industry to build investment solutions and craft communications strategies that are more likely to resonate and be more impactful, according to Jessica Sclafani, global retirement strategist at T. Rowe Price, during a session at Benefits Canada‘s 2026 Defined Contribution […]
In its sophomore year under the Employee Savings Survey banner, Benefits Canada’s annual check in with plan members about their financial priorities and the condition of their workplace savings journeys dove deeper into the demographic data. In a virtual panel discussion on March 30, industry experts shared their views on the 2026 results by exploring the […]
While the percentage of plan members who describe their personal financial situation as significantly or somewhat better than last year decreased from 42 per cent in 2025 to 34 per cent, the percentage that describe it as significantly worse or somewhat worse has also dropped, from 26 per cent last year to 22 per cent, […]
On average, women retire with 27 per cent less savings than men, according to a new report from Sun Life Financial Inc. The report, based on two surveys of members in workplace retirement savings plans administered by Sun Life, found women are consistently underutilizing these plans, despite living longer and spending more years in poorer […]