Women in Workplace Plans: New insights

International Women's Day celebrates women's achievements across social, economic, and cultural spheres, while calling for continued action to advance gender equality.

Sun Life GRS is committed to providing a healthier, wealthier future for women—and our latest research shows where we can make the biggest impact.

Our recent Member mindsets, motivations and metrics report surveyed 1,900+ Sun Life group plan members and mapped their responses to plan data. Now, we've conducted supplemental analysis focused specifically on women in workplace plans.

The findings are striking: Women systematically under save for retirement at every household income level and career stage.

The research shows confidence drives better outcomes, and tools like Sun Life One Plan build that confidence.

For example, Women using Sun Life One Plan show a 69% increase in match maximization compared to those without a plan.

By empowering women with the right tools and advice, we can help narrow the retirement savings gap.

• Read more about our analysis on women in workplace plans here.
• Learn more about Sun Life solutions and how you can help support women in workplace plans.

As a reminder, you can invite plan members to join a webinar called "Planning through change: Building financial resilience for women’s nonlinear lives” on Monday March 9 at 12 p.m. ET.

For more information, please contact your Group Retirement Services Representative.