debt – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:43:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Desjardins promoting financial literacy through personalized advice, program for young workers https://www.benefitscanada.com/benefits/health-wellness/desjardins-promoting-financial-literacy-through-personalized-advice-program-for-young-workers/ Tue, 05 Nov 2024 14:00:59 +0000 https://www.benefitscanada.com/?p=162334 During Financial Literacy Month and throughout the entire year, Desjardins Group is promoting financial literacy by offering employees personalized financial advice, as well as hosting a program geared towards young workers. “Over the last few years, we’ve worked incredibly hard on several initiatives that support the financial empowerment of our [employees and customers],” says Isabelle […]

The post Desjardins promoting financial literacy through personalized advice, program for young workers appeared first on Benefits Canada.com.

]]> Half of Canadian employees behind in retirement savings: survey https://www.benefitscanada.com/pensions/retirement/half-of-canadian-employees-behind-in-retirement-savings-survey/ Mon, 28 Oct 2024 19:00:47 +0000 https://www.benefitscanada.com/?p=161901 Half (51 per cent) of Canadian employees say they’re behind in their retirement savings and 34 per cent are worried about not having enough money saved when they retire, according to a new survey by Manulife Financial Corp. The survey, which polled more than 1,500 employees and more than 500 retirees, found generation X (35 […]

The post Half of Canadian employees behind in retirement savings: survey appeared first on Benefits Canada.com.

]]> Survey finds 56% of Canadian workers reporting reduced productivity due to financial concerns https://www.benefitscanada.com/benefits/health-wellness/56-of-canadian-workers-reporting-reduced-productivity-due-to-financial-concerns-survey/ Fri, 27 Sep 2024 19:00:45 +0000 https://www.benefitscanada.com/?p=160629 More than half (56 per cent) of Canadian employees say they’re less productive at work due to financial concerns, according to a new survey by the National Payroll Institute. The survey, which polled 1,500 employees, found the percentage of Canadians who consider themselves financially stressed increased to 41 per cent from 37 per cent in […]

The post Survey finds 56% of Canadian workers reporting reduced productivity due to financial concerns appeared first on Benefits Canada.com.

]]> 2023 Investment Innovation Conference: Supply, demand in real estate revealing long-term investment opportunities https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-investment-innovation-conference-supply-demand-in-real-estate-revealing-long-term-investment-opportunities/ Thu, 18 Jan 2024 12:52:46 +0000 https://www.benefitscanada.com/?p=149228 In today’s complex market, real estate investments continue to provide opportunities for institutional investors due to the simplicity of the risk spectrum, particularly when comparing equity and debt, said Marc Weidner, managing director and head of global real estate at Franklin Templeton, during the Canadian Investment Review‘s 2023 Investment Innovation Conference in November. “We think the case […]

The post 2023 Investment Innovation Conference: Supply, demand in real estate revealing long-term investment opportunities appeared first on Benefits Canada.com.

]]> How group life insurance can support employee financial, mental wellness https://www.benefitscanada.com/benefits/health-benefits/how-group-life-insurance-can-support-employee-financial-mental-wellness/ Tue, 14 Nov 2023 14:00:39 +0000 https://www.benefitscanada.com/?p=146745 A group life insurance policy can support employee financial and mental wellness as they pay off debt, mortgages and other liabilities, says Kevin Dorse, assistant vice-president of strategic communications and public affairs at the Canadian Life and Health Insurance Association. “Knowing they have a confirmed payout amount upon death gives comfort to an employee and […]

The post How group life insurance can support employee financial, mental wellness appeared first on Benefits Canada.com.

]]> 71% of Canadian women say inflation is impacting their mental health: survey https://www.benefitscanada.com/news/71-of-canadian-women-say-inflation-is-impacting-their-mental-health-survey/ Mon, 16 Oct 2023 13:00:18 +0000 https://www.benefitscanada.com/?p=145345 Nearly three-quarters (71 per cent) of women say financial struggles due to inflation are impacting their mental health and finances are becoming more of a barrier to accessing mental-health support, according to a new survey by GreenShield and Mental Health Research Canada. The survey, which polled more than 12,000 Canadians, found women were 30 per […]

The post 71% of Canadian women say inflation is impacting their mental health: survey appeared first on Benefits Canada.com.

]]> Employers play crucial role in supporting employees’ savings amid rising cost of living: expert https://www.benefitscanada.com/news/bencan/employers-play-crucial-role-in-supporting-employees-savings-amid-rising-cost-of-living-expert/ Wed, 04 Oct 2023 13:00:07 +0000 https://www.benefitscanada.com/?p=144495 As Canadians struggle to save amid the rising cost of living, employers play a crucial role in facilitating savings options for their employees, says Doug Crowe, vice-president of RBC Group Advantage, the Royal Bank of Canada’s group retirement division. “The first important step employers can make is deciding to sponsor a group savings plan for employees, which […]

The post Employers play crucial role in supporting employees’ savings amid rising cost of living: expert appeared first on Benefits Canada.com.

]]> Men more likely than women to report reduced stress due to financial wellness programs: survey https://www.benefitscanada.com/news/bencan/men-more-likely-to-report-reduced-stress-due-to-financial-wellness-programs-survey/ Mon, 25 Sep 2023 13:00:48 +0000 https://www.benefitscanada.com/?p=143948 More than a quarter (28 per cent) of male employees in the U.S. report a reduction in their stress levels due to their employer’s financial wellness programs, compared to 18 per cent of women, according to a new survey by HerMoney Media Inc. and Principal Financial Services, Inc. The survey, which polled 900 U.S. employees […]

The post Men more likely than women to report reduced stress due to financial wellness programs: survey appeared first on Benefits Canada.com.

]]> What does the Thames Water debacle mean for investment risk management? https://www.benefitscanada.com/canadian-investment-review/alts/what-does-the-thames-water-debacle-mean-for-investment-risk-management/ Tue, 18 Jul 2023 13:00:08 +0000 https://www.benefitscanada.com/?p=140899 As Thames Water Utilities Ltd. came under fire this month for its financial mismanagement and poor environmental record, the debacle highlights institutional investors’ responsibilities around due diligence and risk management. “Thames Water should act as a kind of warning,” says Andrew Clare, a professor and chair in asset management at the City, University of London’s […]

The post What does the Thames Water debacle mean for investment risk management? appeared first on Benefits Canada.com.

]]> 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 […]

The post Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings appeared first on Benefits Canada.com.

]]>