RESP – Benefits Canada.com

36% of younger Canadians already saving for retirement: survey

lbailey — Fri, 04 Mar 2022 14:00:43 +0000

More than a third (36 per cent) of Canadians aged 18 to 25 have already begun planning and saving for retirement, according to a survey by online real estate investment marketplace Fundscraper Capital Inc. “It’s well documented that generation Z and younger millennials have had it much harder than previous generations when it comes to career […]

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Survey finds 40% of Canadians maintaining retirement savings despite pandemic’s financial challenges

bwolfe — Mon, 17 Jan 2022 20:00:03 +0000

Despite the financial challenges experienced by Canadians over the course of the coronavirus pandemic, 40 per cent said they’ve continued to save for retirement, according to a new survey by life insurance provider PolicyMe Corp. More than half (54 per cent) of survey respondents said they’re adding to their emergency funds, while 48 per cent […]

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Four trends in group retirement, investment programs

mschmit — Tue, 22 Sep 2020 04:45:16 +0000

The coronavirus pandemic is highlighting many trends in group retirement and investment programs, pushing the industry to be flexible and quick with some of the newer offerings. As plan sponsors review their group retirement plans in the coming months, they may want to consider some, or all, of these four trends. 1. Financial wellness becoming a must. […]

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Mercer, Wealthsimple launch online savings, investment tool

mschmit — Fri, 12 Jul 2019 04:45:31 +0000

Mercer and Wealthsimple Inc. are teaming up to create a digital saving and investing platform for Canadian employees. Mercer Invest Wise, which is a voluntary savings tool, is intended to be included in a total rewards package. Accessible online and as a mobile app, it allows employees to manage various savings and investment accounts, such as their […]

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Fostering workplace friendships key to engagement at B.C. company

mschmit — Wed, 05 Jul 2017 11:23:25 +0000

For legal software company Clio, employee engagement is crucial — so much so that it has revamped its five administration roles as employee engagement specialists. “Ultimately, [engagement] pays dividends,” says Rian Gauvreau, co-founder and chief people officer at Clio. “I think that people nowadays have a lot of options in terms of where they choose […]

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Should saving for your kids’ education trump saving for retirement?

mschmit — Tue, 06 Oct 2015 03:00:55 +0000

So you want to help your child get a good education…but you also need to make sure you retire on track. Which priority should come first? Here’s how you can balance your child’s needs with yours.

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Many Quebecers not saving, investing

mschmit — Mon, 19 Jan 2015 07:26:48 +0000

A CROP survey finds nearly half (42%) of Quebec's population didn't save or invest last year.

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Canadians put children’s hockey ahead of saving

mschmit — Tue, 12 Nov 2013 05:48:24 +0000

Three out of five Canadian parents say they, or someone they know, have borrowed money or used their retirement savings to put a child through hockey or other extracurricular activities.

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Help yourself

mschmit — Thu, 01 Aug 2013 03:00:16 +0000

Saving for retirement means taking a lesson from the airlines As August draws to a close—the summer road trips and European vacations over—parents will be drowning in requests for notebooks and pens and first-dayof- school clothes. But amid the academic trappings and new togs, some parents may be wondering whether they ought to invest in […]

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What your employees don’t know about government programs

mschmit — Wed, 19 Oct 2011 06:38:10 +0000

When it comes to government benefits, chances are many of your employees don’t know what’s available or what they’re entitled to. Is it your job to enlighten them? Maybe not. But if you accept the fact that government benefits can have a significant impact on the economic well-being of retired employees, and if you care […]

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