Matching contribution program helps with student loans, mortgagesRBC hopes employees will better prepare for retirement through shared responsibilityBy Sarah Dobson12/01/2018|Canadian HR Reporter|Last Updated: 11/28/2018RBC introduced a change to its savings program in July that involves employees’ student loans and mortgages. Robert Kneschke/Shutterstock Getting employees excited about — or even mildly engaged in — retirement planning is no easy task. It’s often considered a far-off concern involving complicated formulas and predictions, accompanied by stress about personal finances.To combat this challenge, RBC introduced a change to its savings program in July that involves employees’ student loans and mortgages. The changes came about after RBC noticed younger employees were not putting as much towards the company’s defined contribution pension plan introduced in 2012, which also involves matching contributions from the bank, says Nadine Orr, vice-president of pension and benefits at RBC in Toronto. To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.