It’s widely recognized that Canadians aren’t saving enough for retirement and benefits costs are continuing to rise. In Alberta, the story’s largely the same, but there are subtle differences compared to the rest of the country, especially with regards to work-life balance and wellness initiatives.
Sixty-three percent of DC plan sponsors in the United States are using social media to provide a regular source of information to their members, according to Cogent Research’s Retirement Planscape 2013 study.
With governments and media constantly focused on Canadians’ lack of retirement savings—and high levels of household debt—the time may be right for employees to finally sit up and take notice of their available workplace plans.