Context is everything

How to get through to employees when it comes to investing for retirement
By Christopher Cartwright
|Canadian HR Reporter|Last Updated: 11/06/2012

Knowledge is power — but only if it’s used. So, how do you break through and help employees “get it” when it comes to retirement planning?

There are all kinds of variations on the group retirement theme: defined benefit (DB), defined contribution (DC), hybrids and even no pension plan at all. There are also different stages of life and careers, from young employees drowning in debt to mid-career employees trying to raise a family and long-service employees fearing the onset of retirement.

And then there are the blank faces of plan members — confused and uncomprehending when confronted with financial mumbo-jumbo.