Retirement Readiness Analytics
Retirement Readiness Analytics can help you create an action plan.
Employers across Canada are recognizing the importance of improving their employees’ financial wellness. To help employers gain deeper insights into how they can do just that, Mercer’s Financial Wellness Index, which benchmarks a broad range of factors including financial stress, indebtedness, savings and retirement readiness. Equipped with this robust information, we can help employers develop a comprehensive financial security strategy that supports their employees — and their organization.
The gradual shift from defined benefit to defined contribution retirement programs has prompted employers to take a closer look at how well they prepare employees for retirement. However, many employers are lacking the specific metrics and benchmarks they need to measure the success of their HR strategy, employee outreach, and non-investment-related plan governance.
First of its kind, the Mercer Financial Wellness Index is a baseline analysis for employee financial wellness. Employers can now assess their employees against the broader Canadian workforce and evaluate gaps, challenges and opportunities.
By utilizing this robust benchmarking data, we can help you:
According to the Mercer Canada Financial Wellness survey, when employees are not worried about their finances, they are more productive and engaged at work. We can help you improve your employees engagement and wellness in numerous ways including the following:
Benefits of working with Mercer:
By partnering with Mercer, employers can better understand their workforce metrics and identify areas for improvement. Together, we can implement a customized financial wellness plan that can support employees today, tomorrow and for years to come.
By clicking Submit, I agree to the use of my personal information according to the Mercer Privacy Statement. I understand that my personal information may be transferred for processing outside my country of residence, where standards of data protection may be different.
Mercer can help Defined Benefit plans manage persistent risks like: market volatility, uncertain liabilities, and pressure to reduce expense and contributions.Read more
Mercer provides clients with a holistic approach to Pension Risk Management. One that aligns strategy with the plan’s overall funding status.Read more
Mercer can help design, plan, optimize and manage customized Defined Contribution programs globally and locally.Read more
Mercer Alternative Investments provide a solid means to guard against the volatility of equities, hedge against inflation, and achieve better returns.Read more
Mercer is dedicated to helping Endowments and Foundations not only realize higher risk-adjusted returns, but also fulfill a higher mission.Read more
Mercer can help financial intermediaries bolster resources, generate investment ideas, perform due diligence, and assess operational and fiduciary risks.Read more
Mercer retirement and investment advisors provide trusted solutions in defined contribution and defined benefit retirement plan administration.Read more