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Designed for Savings: Digital engagement

Our new 2024 supplemental report considers the impact of member digital engagement on retirement savings.

Members who regularly access their plan online have account balances 230% higher on average and are twice as likely to maximize sponsor matches. Learn how technology empowers members to take control of their financial futures.

Discover the digital advantage

Designed for Savings: Industry Focus offers a deeper dive of our group plan members and sponsors within 18 industries as well as small businesses.

It’s a benchmarking resource for Sponsors looking to adapt their CAPs to keep pace with broader trends within and across industries.

Designed for savings Industry Focus cover

Designed for Savings is Sun Life’s biennial benchmark report on workplace savings plans in Canada.

Our flagship report analyzes data from 1.4 million retirement savings participants and 7,500+ group plans. This report looks at the latest trends in contributions, plan design, investments, as well as the complexities of decumulation, and much more.

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Key highlights

Beyond updates to benchmarking statistics, Designed for Savings provides actionable insights to help support you and your members achieve improved retirement outcomes.

Among the industry leading insights, you’ll find:

  • Contribution rates and total savings by industry
  • Contributions by size of employer and age range of participants
  • Investing trends for Defined Contribution Pension Plans, RRSPs, TFSAs and more

Designed for Savings Archives

Cover image of 2021 designed for savings report

Designed for Savings 2021

Read the 2021 Designed for Savings Report

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Designed for Savings 2019

Read the 2019 Designed for Savings Report