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While 65 has long been considered the traditional retirement age, younger employees face the possibility of working longer. Plan sponsors can learn much from the unique financial journeys taken by different generations toward their eventual golden years. A 2019 Scotiabank investment poll revealed that 68 per cent of Canadians are currently saving for retirement, but […]

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Young Canadians are increasingly planning their financial futures as the world faces down the second the year of the coronavirus pandemic, according to a new survey by Sun Life Financial Inc. It found that 89 per cent of generation Z (ages 18 to 23) and 80 per cent of millennials (ages 24 to 39) are […]

  • By: Staff
  • March 16, 2021 March 15, 2021
  • 09:00
25% of Canadians cutting back savings, RSPs amid pandemic

Since the World Health Organization declared a global pandemic almost 11 months ago, the resulting economic uncertainty as the coronavirus crisis drags on has resulted in some employees finding it increasingly difficult to save for the future, according to a recent survey. The survey by Ipsos for Toronto Dominion Bank revealed one quarter (25 per […]

  • By: Staff
  • January 28, 2021 April 14, 2021
  • 09:00
Canadians taking fewer holidays, earning less in 2020: report

Canadian employees are seeing significant workplace shifts amid the ongoing coronavirus pandemic, according to a new report by payroll and benefits company Humi. It found employees took 40 per cent less vacation time in 2020 compared to 2019. Meanwhile, the number of sick day requests was “drastically higher” in the months leading up to the […]

  • By: Staff
  • November 20, 2020 November 20, 2020
  • 09:02
Plan Sponsor Week: Rogers engages staff in retirement savings amid plan design changes, coronavirus

In considering changes to its retirement savings programs, Rogers Communications Inc. is generally focused on three main internal and external factors: regulatory changes, employee feedback and demographics. “As we see the millennial and gen Z workforce grow quite a bit, we’re really trying to understand what that’s going to do to our plans in terms […]

Older Canadians coping better than younger demographics in pandemic: study

Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according to a new study by Edward D. Jones & Co. in partnership with Age Wave, a U.S.-based think tank focused on issues relating to aging populations. The study, which included […]

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 08:45
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Private equity firms appear to be having a tough time attracting younger talent to their teams and an even tougher time getting that talent to stick around, according to EY’s 2020 global private equity survey report. More than half (60 per cent) of those surveyed by EY said they experience some difficulty in attracting employees […]

  • By: Staff
  • January 28, 2020 December 13, 2020
  • 08:49
Gen Z, millennials expect employers to help them upskill: survey

Younger generations are more likely to expect their employers to provide training and development programs, according to a new survey by getAbstract. Almost all (93 per cent) survey respondents across generational cohorts said it was at least somewhat important for employers to provide these opportunities. But 84 per cent of generation Z employees and 74 […]

  • By: Staff
  • January 15, 2020 November 12, 2020
  • 15:00
Salary, flexibility rank highest among global gen Z employees: survey

More than half (54 per cent) of global generation Z employees ranked pay as the most important consideration when applying for their first full-time job, according to a new survey by the Workforce Institute at Kronos Inc. and Future Workplace. The survey, which polled 3,400 gen Zers in Australia, Belgium, Canada, China, France, Germany, India, Mexico, the Netherlands, New […]

  • By: Staff
  • November 26, 2019 November 12, 2020
  • 15:00
Most pension funds barely scratching surface on sustainable investment

The recent federal election highlighted interest in climate change, as well as the potential impacts on communities and the population, with the issue No. 1 or 2 in priority for most voters. Climate change is one of a broader set of environmental, social and governance issues percolating through the investment world right now. ESG, or […]

  • November 12, 2019 November 12, 2020
  • 08:15