Street signs displaying Work & Retirement

New Trends in Retirement Plans in Canada

New trends in retirement plans are a challenge according to Human Resource consulting agency Morneau Shepell’s recent study called Trends in Human Resources. Not only do employers want to offer competitive retirement plans to their employees, but 21% also want to reduce both the costs and the risks associated with the retirement plans they offer. DB and…

Street signs displaying Work & Retirement

The Realities of Retirement Planning in Canada

According to the recent RBC poll on Retirement Myths & Realities, Canadian’s expectations of retirement planning in Canada and the reality of their actual retirement objectives and goals have many major conflicts. Here are some highlights from the poll that compare retirement planning “Expectations” with “Reality.” Social Time Missed More Than Regular Paycheques Expectation: Nearly half…

Calculator with itemized tax numbers

Poll Reveals Employee Preferences on Saving for Retirement

When it comes to retirement saving, Canadian workers prefer private investments, TFSA and RRSP over CPP. A recent opinion poll by Ipsos-Reid for the Canadian Federation of Independent Businesses (CFIB) published some very interesting findings of Canadian’s retirement planning, ability to save for retirement, and preferred retirement planning and employee benefits. The CFIB study discovered…