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More than two-thirds (70 per cent) of millennials say they aren’t saving enough for retirement, while 27 per cent aren’t able to save any money, according to a new survey by Edward Jones Canada. The survey, which polled more than 1,000 employees aged 18 and older, found millennials were most likely to cite debt (21 […]

  • By: Staff
  • November 18, 2022 November 17, 2022
  • 15:00
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Six in 10 (60 per cent) U.S. employees say they’re more likely to stay at their current job if their employer offers a retirement savings plan, according to a new survey by Voya Financial Inc. The survey, which polled 1,000 employees, also found respondents are more likely to stay with their employer if they offer physical […]

  • By: Staff
  • November 18, 2022 November 18, 2022
  • 09:01

Nearly two-thirds (62 per cent) of Canadian pre-retirees say the rising cost of living is preventing them from retiring when they’d like to, up from 56 per cent in 2021, according to a new survey by Fidelity Canada. The survey, which polled more than 1,900 Canadians aged 45 and older, found 55 per cent said […]

  • By: Staff
  • November 17, 2022 November 16, 2022
  • 09:00

More than two-thirds (68 per cent) of U.S. employees say they’re more likely to stay longer at their current job if their employer offers financial wellness benefits, according to a new survey by software platform TalentLMS. The survey, which polled 1,000 employees, found 73 per cent said their employer offers financial wellness benefits. The top […]

  • By: Staff
  • November 16, 2022 November 17, 2022
  • 15:00
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Every day, it seems the news includes a story or two about the economy and whether or not a recession is coming. At the same time, with interest rates, inflation and day-to-day costs rising, employees may already be feeling anxious about their ability to meet their financial obligations. Some employees will be feeling concerned about […]

  • By: Kim Siddall
  • November 16, 2022 November 15, 2022
  • 09:00

While the majority (80 per cent) of U.S. retirement plan sponsors rate their record keeper as excellent or very good, they’re also seeking more support for plan members’ financial wellness, according to a new survey by Greenwich Associates. The survey, which polled 145 U.S. retirement plan sponsors and 15 U.S. consultants, found among plan sponsors, […]

  • By: Staff
  • November 7, 2022 November 8, 2022
  • 15:00

Around half (54 per cent) of U.S. employees say they’ve stopped or reduced retirement savings due to inflation, according to a new survey by Allianz Life Insurance Co. of North America. It found two-fifths (43 per cent) of workers said they’ve dipped into their retirement savings because of rising inflation. Eight in 10 (80 per […]

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 15:00
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A pair of articles on Benefits Canada‘s 2022 Workplace Benefits Awards winners were among the most-read stories on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. TD Bank Group awarded for innovative benefits plan communications 2. KPMG offering Indigenous wellness benefit as part of Truth and Reconciliation plan 3. Sounding Board: […]

  • By: Staff
  • October 28, 2022 October 28, 2022
  • 09:00

In conversations with pre-retirees, retirees and industry professionals, there’s a growing recognition that retiring is often the easy part — it’s figuring out what they’re going to do with the rest of their lives that’s difficult. As a new retirement emerges, the retirement industry must shift from traditional retirement planning, which focuses exclusively on how […]

  • By: Mike Drak
  • October 25, 2022 October 24, 2022
  • 09:00

Canada ranks No. 15 among developed nations for retiree well-being, down from No. 10 in 2021, according to Natixis Investment Managers’ annual global retirement index. The index, which provides an overview of the relative well-being and financial security of retirees in 44 countries across four indices, ranked Canada No. 11 in health, No. 12 in […]

  • By: Staff
  • September 13, 2022 September 12, 2022
  • 09:00