It’s sometimes difficult for employees to communicate in a large company. But Microsoft Canada thinks it has found a solution using enterprise social media.
Whether powerfully good or virally bad, social media is here and it is time for plan sponsors to figure out how to use it to enthuse, educate and encourage members to boost their financial prowess.
Despite the increasing popularity of social media, Canadian investors still rely on traditional news media for investing information and advice, according to a study by BMO InvestorLine.
Financial services companies have increased their engagement with social media sites, according to a new study.
It’s generally accepted in the retirement industry that the more informed and educated the participants, the more engaged they will be in a company’s retirement savings plan. But the challenge continues in finding those teachable moments. For years, plan providers have used many different methods (group seminars, videos, web-based tools) to educate plan members. But history has shown that participants are rarely fully engaged in their own retirement planning after an education program. And it’s a bigger challenge to shift the entire corporate culture to one where everyone is in the game.
PRPPs and social media strategy Watch this video Katherine Strutt, general manager of the Saskatchewan Pension Plan (SPP), gives her opinion on who will best benefit from PRPPs and how the model compares to the SPP. She also weighs in on the merits of social media and how it’s used by the her plan. […]