financial advisors – Benefits Canada.com

How employers can support working grandparents’ financial wellness, retirement readiness

Sadie Janes — Fri, 09 Aug 2024 13:00:03 +0000

Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning centre of expertise at the Royal Bank of Canada. “[They might need to] delay their retirement to extend their earning years or continue to work on a part-time basis in […]

The post How employers can support working grandparents’ financial wellness, retirement readiness appeared first on Benefits Canada.com.

Just 17% of workers aged 50+ confident they can maintain a comfortable lifestyle in retirement: survey

Sadie Janes — Tue, 03 Oct 2023 13:00:31 +0000

Only 17 per cent of U.S. employees aged 50-plus and 23 per cent of retirees are very confident they’ll be able to maintain a comfortable lifestyle throughout retirement, according to a new survey by the Transamerica Center for Retirement Studies in collaboration with the Transamerica Institute. The survey, which polled more than 10,000 U.S. employees, […]

The post Just 17% of workers aged 50+ confident they can maintain a comfortable lifestyle in retirement: survey appeared first on Benefits Canada.com.

Employers can stave off ‘rage applying’ trend by focusing on employee well-being: experts

lbailey — Thu, 18 May 2023 13:00:42 +0000

With many stressors weighing on employees amid the current economic climate, it’s important for employers to recognize the ‘rage applying’ trend is rooted in workplace mental-health issues, says Paula Allen, global leader of research and client insights at Telus Health. Employees’ hypersensitivity to stress can present itself through interpersonal communications, including expressions of anger and […]

The post Employers can stave off ‘rage applying’ trend by focusing on employee well-being: experts appeared first on Benefits Canada.com.

71% of Canadian employees say mental health impacted their ability to work in the past year: survey

Sadie Janes — Fri, 21 Apr 2023 19:00:21 +0000

Nearly three-quarters (71 per cent) of Canadian employees feel their mental health has interfered with their ability to work in the past year, according to a new survey commissioned by Manulife Financial Corp. and conducted by Edelman DXI. The survey, which polled more than 1,500 Canadians, found four-fifths of employees said they’re worried about their […]

The post 71% of Canadian employees say mental health impacted their ability to work in the past year: survey appeared first on Benefits Canada.com.

How do third-party advisors impact DC pension plan performance?

mschmit — Wed, 29 Jan 2020 04:57:53 +0000

In the world of defined contribution pensions, a plan’s investment menu is important because members’ choices are constrained by the funds that are available. And, while some may think it’s sufficient to use a third-party advisor for a DC plan, new research out of the University of Missouri suggested otherwise. The new paper, which will […]

The post How do third-party advisors impact DC pension plan performance? appeared first on Benefits Canada.com.