At the start of every new year, many employees resolve to improve their fitness — emotionally, financially and/or physically. One pretty easy way that employers can help workers shape up (financially) this year is by offering a workplace tax-free savings account. A knowledge gap still needs to be filled when it comes to TFSAs — […]
A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a new survey for the Healthcare of Ontario Pension Plan by Abacus Data. The survey, which polled more than 2,000 Canadian adults in April, signals an opportunity for employers to build […]
Plan member challenges — from uncertainty about what their benefits plan covers to mundane issues such as struggling with passwords and difficulty accessing their benefits portal — become human resources concerns and create additional work for plan sponsors. That’s what Canada Life is attempting to address with its new My Canada Life at Work mobile-friendly […]
Anyone flipping through a prospectus for an employer’s defined contribution pension plan or group registered retirement savings plan will notice a recurring theme when it comes to statements on investment fees: “Better than retail!” they might as well scream. It’s a familiar refrain from both capital accumulation plan sponsors and providers trumpeting the lower rates […]