The guarantees in federal public service defined-benefit pension plans are mis-priced—causing Ottawa to seriously underestimate their costs.
Saving for retirement has taken a back seat to debt repayment.
Proposals that support the expansion of CPP have been weak.
When asked what they would do if they earned an extra $200 more per month, women and men would save more and pay off debt.
Older Americans fared best during the recession.
The drop in the loonie will likely reduce the number of Canadians who make a trip to the U.S. But snowbirds will continue to flock southwards, a TD Economics report suggests.
You need to help people retire in style.
While Canadian workers feel their financial situation has improved in the last two years, half of those under the age of 50 are worried about their current and future financial state, according to a Towers Watson survey.
UK Retirees are holding out for higher interest rates, pushing annuity sales lower, reports the Financial Times.
Employer pension will be a source of income for 60% of those surveyed, and 37% say it will be their primary income source.