In the News

  • Employee Financial Well-Being appoints new president - March 24, 2015

    Benefits Canada Employee Financial Well-Being has appointed Christopher Cartwright as president, effective immediately. “We are excited to have Christopher Cartwright join our team as president to help lead the wave of change in employee wellness,” says Employee Financial Well-Being CEO Frank Wiginton. Cartwright has a wide-ranging experience in the group retirement industry and facilitation of […]

  • Pension column: Six tips for improving your pension communications - July 25, 2014

    Benefits Canada Psst! Need to talk about pensions? Here’s how to get employees to listen. Companies try different mediums and methods to communicate pension information,  yet they often see meagre results. Here are six tips to make sure your communications hit the mark. 1) Put employees first – Stop talking about your concerns (pensions) and instead […]

  • Manage your finances like you’d eat an elephant - May 29, 2014

    The Globe and Mail Certified financial planner Frank Wiginton is the first to tell you he no longer manages client money or sells financial products. Instead, as founder of Employee Financial Well-Being, a Toronto-based organization that promotes financial literacy education, he is persuading companies and organizations to step up and add financial literacy to their […]

  • Total Employee Wellness Includes Financial Wellness - April 24, 2014

    Marketwired Traditional wellness programs are failing employees because they are not addressing a principle problem of personal finances. “61% of Canadian employees are financially stressed, yet most employee wellness programs don’t include financial wellness,” says Frank Wiginton, CEO of Employee Financial Well-Being. “Only 16% are considered obese, yet every wellness program focuses on diet and exercise. It’s […]

  • Breakdown: Hit the books - November 1, 2013

    Benefits Canada With the growth of DC pension plans, Canada is moving toward a retirement system that requires people to have financial acumen. Employees need to understand the difference between capital accumulation plans (CAPs) and DB plans, as well as various investment concepts—yet for many Canadians, financial terminology is a foreign language. Simple math tasks […]

  • Three steps to providing employee financial education - February 4, 2013

    Benefits Canada There’s no debating that employees are stressed when it comes to their personal finances. One-in-four are financially distressed and spend more than an hour every day at work dealing with their personal finances. A recent survey by the Employee Financial Education Division found that 45% of employees feel their level of financial stress […]

  • Employees Dissatisfied With Financial Situation - January 23, 2013

    Pension and Benefit Monitor Magazine – More than 60 per cent of employees are dissatisfied with their personal financial situation, with one in four feeling financially distressed. And this, says the ‘Financial Education in the Workplace Survey’ from the Employee Financial Education Division(EFED), leads to reduced productivity as these employees are spending an hour each […]

  • Why personal finances are professional business - January 23, 2013

    HRM Online – It’s a tough time financially for many businesses and individuals, with both trying to do more with less. But could helping one improve the other? Survey results from the Employee Financial Education Division (EFED) found that more than 60% of employees were dissatisfied with their personal financial situation. The Financial Education in […]

  • Employees want financial education - January 23, 2013

    Benefits Canada – When employees undergo stress, it impacts how they perform in the workplace. A new survey from the Employee Financial Education Division (EFED)—a provider of flexible personal finance courses for employees—has found that 60% of employees experience stress about their current financial situation. “Employers need to be concerned with the financial wellness of […]

  • Employees stressed about finances - January 23, 2013

    Small Business Advisor – When employees undergo stress, it impacts how they perform in the workplace. A new survey from the Employee Financial Education Division (EFED)—a provider of flexible personal finance courses for employees—has found that 60% of employees experience stress about their current financial situation. “Employers need to be concerned with the financial wellness […]

  • [Press Release] – More than 60% of employees are dissatisfied with their personal financial situation – leading to decreased productivity - January 23, 2013

    Toronto (January 23, 2013) – Survey results from the Employee Financial Education Division (EFED) show that more than 60% of employees are dissatisfied with their personal financial situation. The Financial Education in the Workplace Survey also shows that one in four employees feel financially distressed. This leads to reduced productivity as these employees are spending […]

  • [Press Release] Personal Finance Book Launch - January 10, 2013

    John Wiley and Sons Canada Inc – How to Eat an Elephant: Achieving Financial Success One Bite at a Time By Frank Wiginton   We all know that we should have our personal finances in order. We should have a budget that works, a retirement savings plan in place, life insurance and a carefully invested […]

  • Ripe for the picking - January 3, 2013

    Time and again, research shows a large majority of employees want financial education in the workplace. In 2011, for example, the Financial Education in the Workplace Survey found nearly nine in 10 employees would attend a financial education program if their employer offered one.

  • Championing financial literacy in the workplace - November 12, 2012

    The Insurance and Investment Journal – It came as no surprise to anyone – least of all Frank Wiginton – that his career path veered considerably from the dispassionate challenge of debugging computer programs to what he’s deemed to be a much more satisfying choice in financial education and planning. After all, Mr. Wiginton’s mother […]

  • Financial Education In The Workplace - March 2, 2012

    Benefits and Pensions Monitor Magazine – Should your company be offering financial education to its employees?Let’s briefly look at various factors to help you decide. Is financial education/literacy needed? In December 2011, A Better Quality of Life Financial Consulting surveyed 608 working Canadians between the ages of 21 and 60. The Financial Education in the […]

  • Financial literacy and your bottom line. - February 14, 2012

    Benefits Canada Magazine – Financial literacy seems to be a term on everyone’s lips lately. In 2009, the federal government formed the Task Force on Financial Literacy, and last year, Finance Minister Jim Flaherty declared November Financial Literacy Month.Several factors support the argument that employers should also be helping to improve their employees’ financial education. […]