Keyword: Millennials

75 results found
Millennials facing challenges saving for retirement: survey

Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement, according to a new survey by KPMG. However, among millennial survey respondents who do own a home, 42 per cent said they’re putting their retirement savings on hold to pay […]

  • By: Staff
  • December 16, 2019 November 30, 2020
  • 09:30
Should employers use social media to communicate pension, benefits?

As social media becomes increasingly pervasive, employers should consider adding the tool to their communications arsenal. Indeed, David McArthur, principal and creative director at Morello Communications Inc., says it’s too big a phenomenon for plan sponsors to ignore. “It’s something we’re certainly seeing a lot more of,” notes Cameron McNeill, senior vice-president and Canadian business […]

Millennials understand role of fixed income better than baby boomers: survey

Millennials appear to understand how to use fixed income as part of investing for retirement better than older generations, according to a new survey by BNY Mellon Investment Management. The survey, which polled more than 2,000 American adults about the appropriate time to add fixed income to an investment portfolio, found 45 per cent of baby […]

  • By: Staff
  • November 21, 2019 November 12, 2020
  • 09:00
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
Are automatic DC plan features affecting the pension gender gap?

With cohorts in the workforce behaving differently as they prepare for retirement, it’s important for plan sponsors to consider these differences along gender and generational lines. At Benefits Canada’s 2019 Defined Contribution Investment Forum in Toronto on Sept. 27, Jean Young, senior research associate at the Vanguard Center for Investor Research, shared a survey that […]

Ratio of younger, older workers at parity: StatsCan

As of 2018, there was one Canadian worker over the age of 55 for every worker between the ages of 25 and 34, according to a new report by Statistics Canada. This ratio is down significantly from 1996, when there were 2.7 workers between the ages of 25 and 34 for every worker aged 55 and […]

  • By: Staff
  • July 30, 2019 November 12, 2020
  • 09:00

A third of generation Z measure success by manager recognition and colleague support, according to a new survey by the Workforce Institute at Kronos Inc. The survey, which polled 3,400 members of gen Z (those aged 16 to 25) from 12 countries on their employment preferences, also found the newest generation to enter the workforce values traditional markers of […]

  • By: Staff
  • June 3, 2019 November 30, 2020
  • 15:00

More than four out of five (83 per cent) Canadian workers are satisfied with their work, according to a study on the Canadian workplace by office supplies, technology products and furniture distributors Novexco Inc. The majority (90 per cent) of employee respondents said they’re very engaged, 81 per cent are motivated by their job and 75 per […]

  • By: Staff
  • May 24, 2019 November 30, 2020
  • 13:15
2019 CAP Member Survey: Helping each generation on their retirement journey

Though more than half of Canadian capital accumulation plan members feel financially prepared for retirement, there’s a distinct difference across generations. Given their proximity to retirement, it’s no surprise baby boomers (69 per cent) are the age cohort most likely to agree they feel prepared, compared to 59 per cent of generation X and 41 […]

Almost half of younger Canadian boomers considering delaying retirement: study

More than a fifth (21 per cent) of younger Canadian baby boomers haven’t saved for retirement, according to a survey by Franklin Templeton Investments Canada. The survey, which defined young boomers as those between the age of 55 and 64, found 17 per cent of this cohort in the United States are facing a similar situation. […]

  • By: Staff
  • May 9, 2019 September 13, 2019
  • 08:45