{"id":451637,"date":"2026-02-03T18:00:07","date_gmt":"2026-02-03T18:00:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/451637\/"},"modified":"2026-02-03T18:00:07","modified_gmt":"2026-02-03T18:00:07","slug":"less-than-half-of-non-retired-canadians-have-workplace-pension-plan-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/451637\/","title":{"rendered":"Less than half of non-retired Canadians have workplace pension plan: report"},"content":{"rendered":"

Workplace pension plan?<\/p>\n

The Canadian Press – Feb 3, 2026 \/ 7:02 am | Story: 597535<\/p>\n

\"A<\/p>\n

Photo: The Canadian Press<\/p>\n

A magnifying glass enlarges the holographic image of Parliament Hill’s Peace Tower on a 20 dollar bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. \u00a0<\/p>\n

A new report says less than half of non-retirees in Canada have a workplace pension plan.<\/p>\n

IG Wealth Management’s annual retirement study says a generational shift is re-shaping how Canadians approach retirement as 48 per cent of non-retirees have a workplace pension plan, whether it be a defined-benefit or defined-contribution plan.<\/p>\n

The report notes many are struggling to keep up with the change as only 11 per cent of non-retired Canadians say they know how much annual income they will need in retirement, while 49 per cent say they simply do not know at all.<\/p>\n

It also says only one-third of non-retired Canadians have a retirement plan and savings.<\/p>\n

The online survey of 1,350 Canadian adults was done by Pollara Strategic Insights, on behalf of IG Wealth Management, between Jan. 9 and to 14.<\/p>\n

The polling industry’s professional body, the Canadian Research Insights Council, says online surveys cannot be assigned a margin of error because they do not randomly sample the population.<\/p>\n

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