Assets surge but retirement challenges remain
Savings needs have risen alongside wealth, a C.D. Howe report says
- By: James Langton
- May 10, 2022 May 10, 2022
- 15:38
Savings needs have risen alongside wealth, a C.D. Howe report says
Today's retirees need more decumulation options, the report argues
Labour scarcity is likely to curb growth and boost inflation, RBC warns
However, retirees have seen their retirement plans disrupted by the pandemic
New guidance confirms that auto-enrolment mechanisms are permitted
Clients who run out of money in retirement could bring negligence claims against too-conservative advisors
The York University professor laid out his concerns at an event this week
More Canadians expect to outlive their savings
Association members will get a reduction in management fees
Members will serve a one-year term
The fund has characteristics of an annuity or pension, with monthly lifetime distributions when investors turn 65
A panoramic view of the next 75 years
Increased savings and a hot market mean many advisors are managing client FOMO