Common Wealth Retirement

04/12/2024

“For example, [some employers allow] employees to direct their own savings to a tax-free savings account or non-registered account where funds can be withdrawn for debt repayment, while still directing matching contributions from the employer to a traditional pension arrangement. Employers adopting plans with this type of flexible design are noticing higher employee engagement and financial literacy which is helping Canadians in their day-to-day lives.” Benefits Canada

Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada. The report based its findings on a sample worker aged 30 earning $70,000 and with $30,000 of personal debt, using five per ce...

02/15/2024

RRSPs may be on everyone's minds right now, but we can't overlook the importance of a TFSA for modest earners. Our very own Alex Mazer weighs in on this powerful savings option in Morningstar, Inc.'s piece.

Usually, when your income is lower, a TFSA is a better bet.

02/15/2024

We're thrilled to support Financial Services Regulatory Authority of Ontario - FSRA in celebrating Day. Together, we champion the value of group retirement plans for both employees and employers. We strive to expand workplace retirement plan coverage every day, alongside our dedicated clients and partners. Take a moment today to have a conversation with your employer about retirement benefits or encourage them to take the leap! https://hubs.la/Q02kzWnS0

12/07/2023

We’re ecstatic to announce that World Finance magazine has recognized Common Wealth as the Most Innovative Company in the Pension & Retirement Industry! This Innovation Award underscores our achievement in creating a modern group retirement platform that delivers greater value to our plan members, employers, and advisors.

“This international honour highlights the pivotal role technology is playing in reshaping the retirement industry. Our team’s commitment to innovation and excellence is resulting in more Canadian businesses providing their employees with a path to a financially secure future. We’re inspired to continue to leverage modern technology to unlock greater value for our clients and partners.” – Jonathan Weisstub and Alex Mazer, co-founders and co-CEOs, Common Wealth

For more on the award: https://hubs.la/Q02cl_Jm0

11/14/2023

Matthew Forestell is the newest member of the Common Wealth team! We're thrilled to have him join as Business Analyst and look forward to his contributions to the company.

10/05/2023

With 64% of Canadians concerned about falling behind financially this year, we commend the businesses, including our Common Wealth employers, that have stepped up to provide their employees with a way to save for the future. https://www.benefitscanada.com/news/bencan/employers-play-crucial-role-in-supporting-employees-savings-amid-rising-cost-of-living-expert Benefits Canada

As Canadians struggle to save amid the rising cost of living, employers play a crucial role in facilitating savings options for their employees, says Doug Crowe, vice-president of RBC Group Advantage, the Royal Bank of Canada’s group retirement division. “The first important step employers can m...

08/18/2023

Common Wealth has been named a finalist for the annual Pensions & Investments WorldPensionSummit Excellence and Innovation Awards 2023! It's exciting to be a nominee in the Communication & Engagement category after winning the Technology Innovation award last year. We share this recognition with our clients and partners, who are helping Canadian workers feel more confident about their financial future.

For more on the P&I WorldPensionSummit in The Hague from October 10-12: https://hubs.la/Q01_tHtH0

08/03/2023

When it comes to recruiting top talent, leading Canadian employers are seeing the difference a modern group retirement plan can make in creating a competitive benefits package. Hear what our clients have to say about the Common Wealth advantage!

07/20/2023

It's no surprise to us that WTW's survey has found competition for talent (84%) to be the top issue influencing Canadian employers' benefit strategies, with roughly a third of employers looking to improve their market positions on financial well-being and retirement plans. Benefits Canada

Canadian employers say competition for talent (84 per cent) is the No. 1 issue influencing their benefits strategies, according to a new survey by WTW. The survey, which polled around 130 employers, found rising mental-health issues (63 per cent), a focus on inclusion and diversity (48 per cent) and...

06/29/2023

A very warm welcome to Kade Taylor, our new Customer Success Specialist! Kade joins us from Shopify, and we're excited to have his energy and expertise in client support at Common Wealth.

06/02/2023

To understand why we're passionate about the work we do at Common Wealth and how we're breaking down the barriers to retirement benefits for advisors, employers, and members, take a listen to this exceptional D-BEnefits Podcast interview with David Emanuel of IDC Worldsource and our very own Jonathan Weisstub.

Common Wealth has built a single-stack cloud based Group Savings Platform. Jonathan Weisstub is a deep thinking business leader who is focussed on identifying complex problems and breaking them down into solvable chunks all in the pursuit of buil...