Just 0.9 per cent of 35 million U.S. defined contribution pension plan members ceased making contributions during the first quarter of 2022, according to a report by the Investment Company Institute. While this percentage was slightly higher than in the first quarter of 2021 (0.8 per cent), it was a substantial drop from 2020 (1.4 […]
A story looking at the award-winning strategy behind Canadian Forest Products Ltd.’s ongoing support for employees’ savings and retirement goals took the top spot over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Canfor wins award for educating employees on retirement savings 2. Ontario introducing right-to-disconnect legislation 3. Unvaccinated employees may […]
A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Canadian employees prioritizing benefits programs over pay: survey 2. Survey finds cost of […]
A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a new survey for the Healthcare of Ontario Pension Plan by Abacus Data. The survey, which polled more than 2,000 Canadian adults in April, signals an opportunity for employers to build […]