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Keyword: Financial well-being

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Canadians’ financial well-being on the decline: survey

Nearly two in five (38 per cent) Canadians polled said money is their No. 1 source of stress in life, even more than personal health (26 per cent), work (20 per cent) or relationships (15 per cent), according to a new survey by FP Canada. According to the survey, which polled more than 1,500 Canadians, […]

  • By: Staff
  • June 28, 2021 June 28, 2021
  • 15:15

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25 per cent) cohorts were slightly more than two-times more likely than baby boomers (10 per cent) to have said the pandemic significantly set them back financially, according to a new […]

  • By: Staff
  • June 24, 2021 June 24, 2021
  • 09:00

The prolonged coronavirus pandemic’s effect on working Canadians’ financial well-being persists, with the stress taking a toll on their savings and their productivity in the workplace, according to a new survey by LifeWorks Inc. Although Canadian workers’ financial well-being score for April is negative 2.2, a slight improvement from February’s negative 2.8, the survey found […]

  • By: Staff
  • June 9, 2021 June 9, 2021
  • 09:00

Year two of the coronavirus pandemic is already revealing fault lines between how the youngest and oldest generations of U.S. employees are coping with the effects of the shift to remote working on their well-being, found MetLife Inc.’s annual U.S. employee benefit trends survey. Although employees across all generations feel their holistic well-being — which […]

  • By: Staff
  • April 6, 2021 April 26, 2021
  • 09:00
Canadians’ financial well-being on the decline: survey

The financial well-being of Canadians has declined over the last year, according to a new survey by Morneau Shepell Ltd. It rated Canadians’ overall financial health as of January 2021 at -2.8, indicating a decline from the previous year. Women reported a lower score (-5.1) than men (-0.6), with male respondents reporting improvement in some […]

  • By: Staff
  • February 11, 2021 March 24, 2021
  • 09:00
Mercer Canada appoints Geoffrey Melbourne, Neil Lloyd to wealth group leadership roles

Mercer Canada is appointing Geoffrey Melbourne as partner and wealth Canada growth leader and Neil Lloyd as Western Canada wealth leader. Melbourne (pictured left) has over 25 years of experience as a seasoned actuary, retirement consultant and client relationship manager. He joins Mercer after nearly 15 years in retirement consulting at a leading global advisory, […]

  • By: Staff
  • January 28, 2021 April 14, 2021
  • 09:00
2020 CAP Suppliers Report: Stretching into the financial wellness space

In the old days, employers would often gather employees in a dusty conference room and pass around a box of Timbits while talking at a sea of bored and confused faces about the importance of retirement savings. Not anymore. These days, many capital accumulation plan sponsors and insurers are pivoting away from dull information sessions […]

  • December 18, 2020 April 23, 2021
  • 08:56
U.S. employers reinstating, upping matching contributions for DC plans: survey

Plan sponsors in the U.S. that suspended or reduced employer-matching contributions are reinstating them or increasing their levels by 2021, said a new survey by Willis Towers Watson. According to the survey, 60 per cent of plan sponsors said they intend to match their members’ contributions at the same level as they were prior to their suspension or […]

  • By: Staff
  • December 14, 2020 April 28, 2021
  • 15:00
U.S. employers with flex work rethinking approach to total rewards, pay: report

In the wake of the coronavirus pandemic, U.S. employers are embracing flexible working arrangements and considering adopting a hybrid model for rewards and pay, said a report by Willis Towers Watson. The report showed a majority (59 per cent) of employers surveyed have workers who are currently telecommuting, including 25 per cent who are able […]

  • December 9, 2020 April 28, 2021
  • 09:00
Employers balancing benefits costs and employee well-being: survey

As the coronavirus pandemic continues, Canadian employers are balancing the need to reduce benefits costs while focusing on employee well-being, according to a new survey by Arthur J. Gallagher & Co. Just over half (55 per cent) of respondents said controlling costs is their top benefits-related challenge this year, with many considering measures such as variable cost […]

  • By: Staff
  • November 25, 2020 November 25, 2020
  • 08:30