retirement security – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 02 May 2024 20:20:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey https://www.benefitscanada.com/pensions/retirement/52-of-u-s-private-sector-workers-with-employer-sponsored-retirement-plans-say-they-contribute-survey/ Mon, 29 Apr 2024 19:00:05 +0000 https://www.benefitscanada.com/?p=154917 While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52 per cent) of these employees says they choose to participate, according to a new survey by GOBankingRates.com. The survey, which polled 1,000 workers, found more than a quarter (28 per cent) […]

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]]> Just a third of U.K pension plan members feel they’ve saved enough to retire: survey https://www.benefitscanada.com/pensions/retirement/just-a-third-of-u-k-pension-plan-members-feel-theyve-saved-enough-to-retire-survey/ Fri, 26 Apr 2024 13:00:11 +0000 https://www.benefitscanada.com/?p=154722 Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022, according to a survey by Trafalgar House. The survey, which polled 2,000 adults, found 48 per cent believe they’ve saved much less than they need, up from 45 per cent. […]

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]]> Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated https://www.benefitscanada.com/pensions/retirement/survey-finds-74-of-canadians-aged-24-to-44-view-conventional-retirement-approach-as-outdated/ Thu, 18 Apr 2024 19:00:12 +0000 https://www.benefitscanada.com/?p=154416 Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a life of leisure — is an outdated concept, according to a new survey by Leger on behalf of Wealthsimple. The survey, which polled more than 1,500 Canadians, found roughly 60 […]

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]]> Would Brazil’s new bond work in Canada? https://www.benefitscanada.com/archives_/benefits-canada-archive/would-brazils-new-bond-work-in-canada/ Fri, 15 Dec 2023 13:55:21 +0000 https://www.benefitscanada.com/?p=148795 RendA+, an innovative bond instrument in Brazil, is serving as a relatively safe asset for defined contribution pension plans and lowering retirement risk, especially for those without a workplace pension plan. At a 2019 retirement security conference held in Brazil, Arun Muralidhar, chairman and chief investment officer at AlphaEngine Global Investment Solutions, proposed the introduction […]

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]]> Survey finds just 14% of near-retirees say they can retire with confidence https://www.benefitscanada.com/pensions/retirement/survey-finds-just-14-per-cent-of-near-retirees-say-they-can-retire-with-confidence/ Wed, 29 Nov 2023 14:00:35 +0000 https://www.benefitscanada.com/?p=147826 Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according to a new survey by Deloitte. A third (31 per cent) of near-retirees said they’ll need to rely on the Canada Pension Plan or Quebec Pension Plan to sustain their […]

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]]> Just 17% of workers aged 50+ confident they can maintain a comfortable lifestyle in retirement: survey https://www.benefitscanada.com/pensions/retirement/just-17-of-workers-aged-50-confident-they-can-maintain-a-comfortable-lifestyle-in-retirement-survey/ Tue, 03 Oct 2023 13:00:31 +0000 https://www.benefitscanada.com/?p=144406 Only 17 per cent of U.S. employees aged 50-plus and 23 per cent of retirees are very confident they’ll be able to maintain a comfortable lifestyle throughout retirement, according to a new survey by the Transamerica Center for Retirement Studies in collaboration with the Transamerica Institute. The survey, which polled more than 10,000 U.S. employees, […]

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]]> Getting to know Shannan Corey and the Saskatchewan Pension Plan https://www.benefitscanada.com/archives_/benefits-canada-archive/getting-to-know-shannan-corey-and-the-saskatchewan-pension-plan/ Fri, 15 Sep 2023 12:56:06 +0000 https://www.benefitscanada.com/?p=143329 Working in the pension industry has always been aligned with Shannan Corey’s personal interests and values. Her father was an actuary so she was exposed to the pension industry from a very young age. After earning her mathematics degree at the University of Saskatchewan, she became an associate actuary, spending a few years in consulting […]

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]]> Survey finds longevity literacy tied to regular retirement planning, saving https://www.benefitscanada.com/pensions/retirement/survey-finds-longevity-literacy-tied-to-regular-retirement-planning-saving/ Wed, 23 Aug 2023 19:00:07 +0000 https://www.benefitscanada.com/?p=142482 Nearly three-quarters (72 per cent) of U.S. employees with strong longevity literacy are saving for retirement on a regular basis, compared to 58 per cent with weak longevity literacy, according to a new survey by the Teachers Insurance and Annuity Association of America Institute and the Global Financial Literacy Excellence Center at the George Washington University […]

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]]> U.S. gen X workers falling short of retirement savings targets: report https://www.benefitscanada.com/pensions/retirement/u-s-gen-x-workers-falling-short-of-retirement-savings-targets-report/ Thu, 20 Jul 2023 13:00:27 +0000 https://www.benefitscanada.com/?p=141187 While more than half (55 per cent) of U.S. generation X employees participate in an employer-sponsored retirement savings plan, nearly two-thirds of men (62 per cent) and women (64 per cent) participating in these plans say they’ve saved less than 10 per cent of their retirement savings target, according to a new report by the […]

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]]> Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings https://www.benefitscanada.com/pensions/retirement/survey-finds-44-of-canadian-pre-retirees-have-less-than-5000-in-savings/ Fri, 16 Jun 2023 13:00:39 +0000 https://www.benefitscanada.com/?p=139897 Three-quarters (75 per cent) of Canadian adults aged 55 to 64 have $100,000 or less in savings and 44 per cent have less than $5,000, according to a new survey by the Healthcare of Ontario Pension Plan. The survey, which polled 2,000 Canadian employees, found 44 per cent haven’t set aside any money for retirement […]

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