{"id":11463,"date":"2026-04-20T12:20:06","date_gmt":"2026-04-20T12:20:06","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/11463\/"},"modified":"2026-04-20T12:20:06","modified_gmt":"2026-04-20T12:20:06","slug":"2026-womens-health-wealth-summit-panel-employers-urged-to-remove-friction-from-plan-design-to-support-womens-financial-health","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/11463\/","title":{"rendered":"2026 Women&#8217;s Health &#038; Wealth Summit: Panel: Employers urged to remove friction from plan design to support women\u2019s financial health"},"content":{"rendered":"<p>\u201cAs the employer, you really need to understand the resources that are available,\u201d said Francesca Lippa (pictured left), global benefits director at S&amp;C Electrical Canada Ltd. \u201cYou\u2019re the sommelier presenting [your employees] the available options.\u201d\n<\/p>\n<p>Read: <a class=\"text-content__link\" href=\"https:\/\/www.benefitscanada.com\/benefits\/health-wellness\/fewer-plan-members-describing-financial-situation-as-better-worse-than-last-year-survey\/\" rel=\"nofollow noopener\" target=\"_blank\">Fewer plan members describing financial situation as better, worse than last year: survey<\/a>\n<\/p>\n<p>She suggested employers approach complex issues facing women such as caregiving responsibilities, career interruptions or medical wellness not as exceptions but as expectations to plan the best support. \u201cI\u2019m a big fan of a mandatory plan,\u201d said Lippa, noting the organization has a mandatory defined contribution plan with 85 per cent of members invested in target-date solutions.\n<\/p>\n<p>\u201cSet it and forget it is really valuable,\u201d noted Lisa Rosen (pictured centre), director of total rewards at PwC Canada. \u201cWomen carry a lot of the household decisions, so it needs to be really easy.\u201d\n<\/p>\n<p>As examples, she highlighted the value of investing in target-date funds, auto-enrolment and mandatory contributions to reduce decision fatigue. She also pointed to the importance of communications, noting PwC Canada has been experimenting with communicating benefits through targeted information sessions and recently added an artificial intelligence agent to answer employee questions about the benefits plan.\n<\/p>\n<p>Read: <a class=\"text-content__link\" href=\"https:\/\/www.benefitscanada.com\/benefits\/health-wellness\/financial-literacy-month-wealthsimple-helping-women-build-financial-confidence\/\" rel=\"nofollow noopener\" target=\"_blank\">Financial Literacy Month: Wealthsimple helping women build financial confidence<\/a><\/p>\n<p>\u201cFlexibility has been pretty important for us,\u201d said Frances Policarpio (pictured right), head of total rewards at Wealthsimple. As a financial technology company, the organization has a very young demographic that affects its savings plan usage.\n<\/p>\n<p>It has been beneficial for employees to have the flexibility of where they direct their contributions, she said, since it encourages members to reach their savings goals. The result is 98 per cent participation in the group savings program.\n<\/p>\n<p>Read more coverage of the <a href=\"https:\/\/www.benefitscanada.com\/benefits\/disability-management\/coverage-of-the-2026-womens-health-wealth-summit\/\" rel=\"nofollow noopener\" target=\"_blank\">2026 Women\u2019s Health &amp; Wealth Summit<\/a>.\n\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cAs the employer, you really need to understand the resources that are available,\u201d said Francesca Lippa (pictured left),&hellip;\n","protected":false},"author":2,"featured_media":11464,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[6189,439,6194,17,6195,6191,6196,4474,4470,4469,6192,6193,6190,3126,812,6197,2934,1837],"class_list":{"0":"post-11463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-2026-womens-health-wealth-summit","9":"tag-artificial-intelligence","10":"tag-auto-enrolment","11":"tag-canada","12":"tag-caregiving","13":"tag-communications","14":"tag-dc-investing","15":"tag-employee-well-being","16":"tag-financial-wellness","17":"tag-health-wellness","18":"tag-pension-communications","19":"tag-pension-contributions","20":"tag-pension-plan-design","21":"tag-retirement","22":"tag-retirement-savings","23":"tag-target-date-funds","24":"tag-women","25":"tag-workplace-savings-plans"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/11463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=11463"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/11463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/11464"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=11463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=11463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=11463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}