Fidelity Investments has launched a charitable giving program, which aims to make it easier for employers to manage their philanthropic programs and for employees to donate to charities they care about. The program, which is integrated with an employer’s benefits plan platform, is an online portal with a list of possible charities. In cases where […]
Stress hurts, and it’s not just about mental and emotional health strain, it’s also about financial stress, according to a workforce well-being survey by Buck Consultants. Where physical well-being is concerned, “one of the headlines that screams at us is stress,” said Ruth Hunt, a principal in the engagement practice and global well-being survey lead at […]
From banks to insurers to the federal government, retirement calculators are a regular feature of the financial planning landscape. At their most basic, they use data, such as age, income and current assets, to provide recommendations for how an individual can aim to meet their retirement goals. But can these tools truly provide a reliable […]
Eckler Ltd. is acquiring independent financial wellness company Employee Financial Well-being. Since 2011, Employee Financial Well-Being has provided financial education and training to employees across Canada. In a press release, Eckler said there’s a need to increase unbiased education as Canadians are presented with benefits that require them to make decisions. “Eckler’s acquisition of EFW is another […]
The gig economy has changed many Canadians’ ability to manage their finances and plan for retirement, according to a new survey by TD Canada Trust. The survey found only 11 per cent of non-traditional employees feel secure about their retirement. One in five (20 per cent) survey respondents who describe themselves as gig workers, job jumpers or postponed […]
More than a third of Canadians aren’t confident they’ll reach their financial goal for retirement, according to a new survey by the Royal Bank of Canada. The bank, which surveyed 2,000 non-retired Canadians, found 16 per cent are very confident, 45 per cent felt somewhat confident and 39 per cent aren’t confident they’ll ever reach their retirement […]
Half of working-age Canadian women are worried they won’t have enough money to cover care and medical expenses once they retire, according to a new study by HSBC Bank Canada. Apart from medical needs, almost half (44 per cent) of this group said they’re afraid they’ll struggle to pay for basic necessities during retirement, compared with 37 […]
Just six per cent of Canadians cited saving for retirement as a financial priority in 2019, according to a new survey by CIBC. Paying down debt was the top financial priority for survey respondents, followed by keeping up with bills and getting by (14 per cent), growing wealth (12 per cent) and saving for a […]
Almost half (49 per cent) of U.S. employers are concerned that employees delaying their retirements will increase benefits costs, according to a new survey by Willis Towers Watson. The survey, based on responses from almost 150 large employers in the United States, also found 41 per cent of respondents are concerned that delayed retirement will increase salary costs and 37 per cent […]
Employers will rely more on technology to shape and analyze their future wellness offerings, according to a global workforce well-being survey by consultancy Buck. The survey, which polled more than 250 employers, found the majority of organizations are planning to offer workplace health competitions (62 per cent), stress management programs (60 per cent), workplace environment improvements (58 per cent), online courses and training for […]