For Larry Ketchabaw, manager, pension and benefits for Unisource Canada, the key to helping employees better understand their pension plans is better education. He stresses the importance of going beyond traditional teaching techniques through the use of webinars and Internet-based communications, and encourages plan sponsors to always find new ways to educate.
Find out more of what Ketchabaw had to say on the topic.
Michelle Peshko, senior advisor, pensions and investments for Xstrata, feels there needs to be a focus on promoting financial literacy and presenting information to members in simple, personalized messages. She’d like plan members to have easy-to-understand information that they can apply their own situations.
Watch the video to see more of what Peshko had to say about targeted messaging.