An article on Amazon Canada’s win in the Financial Wellness Program category at Benefits Canada’s 2024 Workplace Benefits Awards 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. Amazon Canada’s new estate planning benefit key to financial wellness win 2. Half of Canadian employees behind […]
Just two-fifths (42 per cent) of U.S. employees say they feel highly confident they’re on track to save what they need in retirement, according to a new survey by LiveCareer. The survey, which polled more than 1,000 U.S. workers, found six in 10 said they fear retirement more than death (61 per cent) or the idea […]
A fifth (20 per cent) of U.S. workers aren’t currently saving for retirement, according to a new survey by Flexjobs. The survey, which polled more than 2,000 U.S workers, found nearly two-thirds (61 per cent) of men said they’ve been saving for retirement for a while, compared to 52 per cent of women. Across generations, […]
The average amount that U.S. adults have saved for retirement dropped slightly from US$89,300 in 2023 to $88,400 in 2024 and more than $10,000 from its five-year peak of $98,800 in 2021, according to a new survey by Northwestern Mutual Life Insurance Co. The survey, which polled more than 4,500 U.S. adults aged 18 or older, found a third […]
An article on why Canadian workers say job flexibility is key to satisfaction 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. 70% of Canadian workers say flexibility key to job satisfaction: survey 2. Only a quarter of Canadian employees […]
An article on the nuances of Quebec’s pension laws 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. What should employers know about Quebec’s pension legislation? 2. Ontario’s new regulations for publicly advertised jobs providing transparency for job-seekers: expert 3. Canadian […]
One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow and past president of the Canadian Institute of Actuaries Yogi Berra once said: “The future ain’t what it used to be.” Millennials will be retiring in 25 years, but not […]
Half (51 per cent) of U.S. pre-retirees and retirees say they’re considering either delaying or coming out of retirement, according to a new survey from F&G Annuities & Life Inc. The survey, which polled more than 2,000 adults aged 50 and older and who have more than US$100,000 in financial products/savings, found among respondents who […]
Nearly two-thirds (64 per cent) of Americans say they wish they’d started saving for retirement when they were younger than age 25, according to a new survey by Voya Financial Inc. The survey, which polled more than 1,000 Americans adults, found more than half said they started saving for retirement when they were between ages 18 […]
Half (51 per cent) of women in the U.S. aged 65 who are entering their peak retirement years have less than $100,000 saved, with the percentage rising (67 per cent) among single women, according to a new survey by Artemis Strategy Group on behalf of non-profit the Alliance for Lifetime Income. The survey, which polled more than 2,500 consumers between […]