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. […]
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 […]
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 […]
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.
A CROP survey finds nearly half (42%) of Quebec's population didn't save or invest last year.
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.
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 […]
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 […]
Poor awareness and understanding of Canada’s registered education savings plan (RESP) program are keeping participation low, according to a Certified General Accountants Association of Canada (CGA-Canada) report. “Canada’s RESP program provides families with a relatively secure savings option dedicated specifically to education,” says Rock Lefebvre, CGA-Canada’s vice-president, research and standards. “In fact, due to refinements […]