Supporting Employees Amid Growing Financial Stress
Helping businesses build strong retirement programs with employee-centric education.
You want your employees to feel financially secure and have plenty of options when it comes to retirement—but the responsibility of making that happen doesn’t need to fall entirely on your shoulders.
We help businesses find the right group retirement solution that aligns with their goals. We ensure governance requirements are met, keep investment fees competitive, and ensure investment performance is consistently monitored.
The Details
It’s a well-known fact: when people feel financially secure, they perform better at work and in life. Financial stress isn’t just draining physically—it can also affect mental well-being, leading to difficulties with concentration, lower self-esteem, and even depression.
The 2024 Benefits Canada Survey shows that personal finances have been the number one source of stress for employees since 2018. This highlights the critical need for effective retirement savings programs. Offering a group retirement plan is a great first step, but there’s more you can do.
Our proprietary workshops—Retirement is a Lie, How to Hire a Financial Planner, and Health, Wealth, and Time for Self—cover key topics to help employees take control of their financial futures and build a healthier relationship with money.
Consider these statistics:
- 43% of employees are financially stressed
- 84% consider a retirement program a critical benefit
- 29% of Canadians worry about inflation’s impact on retirement savings
- 50% live paycheck to paycheck
- Only 15% of Canadians feel confident managing their finances
These stats clearly highlight a significant challenge that can be addressed with a well-designed retirement plan, paired with ongoing education and clear communication.
Ready to secure your employees’ financial future? Contact us today to explore how a tailored retirement plan and effective employee education can make a real difference.