Three tips for a healthy group retirement plan
Since plan administrators and sponsors aren’t generally pension or group retirement specialists, they depend on information from consultants and record keepers to determine the choices they’re…
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The real reason some staff don’t contribute to workplace savings plans
Take the free money. This is my regular mantra for employees in employer-sponsored retirement plans. But many employees don’t enrol in company-sponsored plans or don’t take the…
- October 16, 2018 September 13, 2019
- 08:30
A look at three trends in pension plan design
Plan sponsors often say they’re quite happy with their retirement savings plans. But is that position good enough to ensure an organization’s plan is competitive and…
- July 3, 2018 September 13, 2019
- 08:30
Consistent communication key to mitigating member panic amid market volatility
With markets showing signs of potential extreme volatility in recent weeks, how can employers address the many questions that arise from pension plan members? When speaking to members, consultants…
- March 19, 2018 September 13, 2019
- 16:00
Why more group retirement plans are including passive investments
It’s no secret that passive investments, such as exchange-traded and indexed funds, have become more popular with investors over the past 10 years. Such funds require…
- November 20, 2017 January 20, 2021
- 16:12
How employers can benefit from the trend towards delayed retirement
The demise of many defined benefit pension plans, increased debt levels in retirement and lower savings levels have all contributed to the prevalence of employees…
- July 24, 2017 September 13, 2019
- 07:00
The benefits and drawbacks of offering a unitized stock fund
Many publicly traded companies give employees the opportunity to own shares in the company they work for. Traditionally, that happens through an employee share plan where…
- April 4, 2017 September 13, 2019
- 09:17
The employer’s role in addressing the psychological roots of overspending
We’ve all heard over and over again that Canadians spend more than they earn, a trend that has been around for a couple of generations.…
- December 19, 2016 September 13, 2019
- 09:22
The pros and cons of employee share purchase plans
Many companies – including Great-West Life, Starbucks and WestJet – offer employee share purchase plans to employees with the expectation of employee retention and entrepreneurial thinking. You may…
- June 15, 2016 March 27, 2021
- 08:52
3 ways to engage younger employees in group retirement
Time and again we hear employers say the reason they provide a group retirement plan is to attract and retain quality employees, while younger employees say they…
- April 7, 2016 September 13, 2019
- 09:29
Why decumulation is essential in retirement planning
Retirement planning has two equal sides, one in which the focus is saving for retirement (accumulation) and the other in which your focus is managing…
- February 5, 2016 September 13, 2019
- 09:15
Employees have options to fund their own defined-benefit pensions
While the decline of defined-benefit pension plans puts greater investment risk on employees, they do have options for securing at least a partially guaranteed benefit.…
- December 9, 2015 September 13, 2019
- 08:21
Are your employees’ long-term savings goals insured?
Many employees know the value of taking part in their company-sponsored savings plan but unfortunately not enough. They know it’s a valuable tool to help…
- July 28, 2015 September 13, 2019
- 12:22
Financial wellness: The missing link in your employees’ financial plan
A lot of employer time and effort goes into providing education and training for employees regarding retirement savings in company-sponsored settings, but not enough time…
- May 15, 2015 September 13, 2019
- 11:35
Why don’t plan members take free money?
While a majority of plan members participate in their voluntary group retirement plans, a large minority of them are forfeiting the employer contribution altogether.
- February 25, 2015 September 13, 2019
- 11:07
Why don’t more small businesses have a group retirement plan?
Most business owners and HR champions of independent Canadian businesses know the benefits of offering a group retirement plan to their employees. Many studies have…
- November 17, 2014 September 13, 2019
- 11:27
Overcoming group retirement plan apathy
One of the largest problems faced by group retirement plans is plan member apathy.
- July 31, 2014 September 13, 2019
- 10:48