An article on how employers can prepare their benefits plans amid U.S. tariffs was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: How employers can prepare their benefits plans, support employees amid U.S. tariff threat 2. […]
Social media is breathing new life into employers’ pension communications, helping to make the benefit resonate with different audiences and offering organizations a far wider footprint than traditional channels. In some ways, the coronavirus pandemic was one of the key drivers of increasing the use of social media in workplace communications, says Jeff Pekar, director […]
Roughly one in three (36 per cent) single Canadians fear they’ll never be financially able to retire, according to a new survey by the Co-operators Group Ltd. The survey, which polled 1,500 employees, found nearly half (45 per cent) of single Canadians described saving for retirement as a near-impossible task. Indeed, two-fifths (40 per cent) […]
While a quarter (26 per cent) of Canadians say they don’t face any barriers and are on track to saving for their ideal retirement, only 15 per cent of millennials and 10 per cent of generation Z say the same, according to a new survey by Edward Jones Canada. The survey, which polled more than […]
Canadians believe they’ll need, on average, $1.54 million to retire, down from $1.67 million in 2023, according to a new survey by the Bank of Montreal. The survey, which polled 1,500 employees, found three-quarters (76 per cent) are worried they won’t have enough money in retirement because of rising prices. Read: Canadians believe they need […]
More than half (58 per cent) of Canadian workers aged 40 to 60 say financial stress is their No. 1 worry, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,800 full-time employees, found six in 10 (60 per cent) respondents said they thought about their current financial […]
An article on the impact of U.S. President-elect Donald Trump’s tariff threats and Prime Minister Justin Trudeau’s resignation on financial markets was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Financial markets resilient in wake of Trump tariffs threat, […]
Promoting employee financial awareness and retirement readiness amid the rising cost of living is a priority for the Canadian Public Pension Leadership Council in 2025, says Cheldon Angus, co-chair of the CPPLC and chief executive officer of the Winnipeg Civic Employees’ Benefits Program. “More and more these days, employers are prioritizing their financial literacy education for […]
While a third (34 per cent) of Canadians aged 18 to 34 say an inheritance from their parents is crucial to meeting their retirement goals, 31 per cent of baby boomers say they don’t expect to leave their children any money, according to a new survey by Vanguard Group Inc. The survey, which polled more […]
When Hydro Ottawa was preparing for its first wave of retiring baby boomers in 2011, it began working on a strategy to mitigate the subsequent impact on the workforce and organizational memory. “Part of the strategy was to think about how we could manage both the number of retirements, but also the amount of knowledge […]