A recent study from the Montreal-based Centre for Interuniversity Research and Analysis on Organizations found that those who use outside financial planning advice see their assets grow over time by 1.58 to 2.73 times more than those who act alone. An estimated 10 million Canadians use the help of professionals working at financial institutions, brokerage […]
Canadian employers are skeptical of their employees’ understanding of their company-sponsored capital accumulation plan (CAP) and/or supplementary retirement plans (SERP), a new study from Buck Consultants has found.
What do you do when you have a growing funding shortfall, an apprehensive membership, and virtually no communications infrastructure or budget? You set up a Facebook page, of course—at least that’s what Gord Graham, executive director for the Auto Sector Retirees Health Care Trust (asrTrust) did.
In the post-financial crisis world, perhaps plan sponsors can forgive DC plan members for wanting to hide their savings under the mattress. Slow GDP growth, volatile equity markets and eurozone fears could be considered good reasons to keep money out of the markets.
Marc Poupart, divisional vice-president, pension and retirement programs, with Hudson's Bay Company (HBC), discusses his company's extensive DC retiree base.
If one of the most effective ways to control costs is to have employees become better consumers, then they need to understand the benefits available to them. And while having an easy-to-understand plan is important, it’s only one part of the process.
Why now, when money is tight, are more and more employers turning to outside help with communication? At a basic level, the reasons are simple enough.
Benefits Canada chatted with Amber (Mac) MacArthur—a consultant, television host and journalist specializing in technology and social media—about how employers can make the most of social media.
With the aging population and increase in chronic disease—coupled with the rise in pharmaceutical costs and growing mental health concerns—it’s more crucial than ever to get employees engaged in their own health.
Benefits Canada’s sixth annual Survey of CAP Members held some surprising results, especially around newer communication channels such as social media and mobile apps.