The first two months of the year have many Canadians thinking about retirement savings, with the start of March signalling the deadline for RRSP contributions.
Currently, 72% of Canadians aged 35 and up have started saving for retirement; however, 42% lack a retirement plan, according to a recent report from IG Wealth Management.
Providing some kind of retirement savings plan is a key benefit offered by employers, in looking to attract and retain employees. But what kind of plan should be offered?