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The triple gap: RBC Insurance survey exposes considerable coverage, knowledge and engagement gaps in Canadian employer benefits and well-being programs
The survey reveals a disconnect between the availability of and engagement with benefits programs as a tool to support both financial and overall well-being.Two-thirds of Canadians with employer benefit plans fare far better across financial health and mental well-being than those without
As Canadians continue to feel the pressure of rising inflation rates on nearly every aspect of their lives, a new study from RBC Insurance finds that employer-provided benefits play an increasingly important role in maintaining a sense of overall well-being.The majority of Canadians are losing out on opportunities to maximize inheritance for loved ones
Inflation and market volatility continue to hammer at Canadians' spending and savings, so when it comes to estate planning, a large majority want to maximize the inheritance left to their loved ones, be it by avoiding unnecessary estate fees (87%) or minimizing out-of-pocket settlement costs (86%) according to a recent survey by RBC Insurance.Three-quarters of young Canadians more likely to leave their current job for one with better benefits
In the midst of a tight labour market, Canadians are placing increasing importance on employer-provided benefits plans.One-third of older Canadians accelerate retirement, while expenses and purchasing power remains top concern
Changing external factors like the pandemic, economic uncertainty and inflation have prompted Canadians aged 55-75 to shift when they plan to retire.More Canadians now perceive mental illness as a disability
As attitudes around health and wellness among employees and employers continue to shift, the number of working Canadians who view mental illnesses as a disability has hit a new high.1 of 1