Entries by Roland Chiwetelu, Consultant, Financial Education & Employer Services B. Comm., CFP

Defined contribution plans – the power of employee empowerment

There’s a growing wave of litigation towards organizations that don’t fully understand their obligations as sponsors of a Defined Contribution Plan. This shift has a lot to do with the increasing number of baby boomer retirees. This demographic was the first to experience Defined Contribution Pension plans for the majority of their careers – especially […]

4 things money-savvy millennials do

“Time is on my side, yes it is…” – The Rolling Stones For millennials born between the early 80s and mid 90s, the above quote rings true – particularly in the quest for financial independence. What we know today is that millennials generally have relatively little savings, are carrying debt and have mixed expectations about […]

Financial Stress Could Be Threatening Your Career. Your Employer Can Help.

The idea that a healthy workforce is a more productive one has become a ‘given’ for most employers. But what’s less commonly discussed is the professional advantage that healthy employees have over those who fail to prioritize wellness. Evidence continues to mount showing that individuals who use health and wellness programs offered by employers are […]

Defined Contribution Pension Plans – How Employers Can Cope Through the Coming Storm

My colleague Blair Campbell wrote a brilliant piece (here) on the growing knowledge of the risks involved for organizations that sponsor a defined contribution pension plan. I also share the view that a tidal wave of litigation is coming for these organizations. Yet I feel the need to underscore a sense of urgency to this […]