A rather unimpressed advice industry notwithstanding, the newly re-introduced Pooled Retirement Pension Plans (PRPPs) have found considerable favour with small business owners, according to a recent poll from the Canadian Life and Health Insurance Association (CLHIA).
While Canadians are more confident about their ability to save for their retirement, pessimism has grown dramatically, according to a report by the BMO Retirement Institute.
Canadians have doubts about their private and government-funded pension plans, according to a survey carried out as part of the National Bank of Canada’s Retirement Index.
A record number of reverse mortgages in Canada has sparked concern, with some in the financial industry expressing fears of homelessness. However, the more pragmatic in the industry are quick to offer reassurance that it's not all gloom and doom.
The need for an improved cash flow in retirement is leading to record number of reverse mortgages in Canada, according to a HomEquity Bank study.
We present the coming changes to our national pension plan in this handy pullout
Canadian insurers have gone through two rounds of price increases since December 2010. Does pricier insurance still make sense for clients who want to leave legacies?
Women and men may agree on how to define financial success, but not necessarily on how to get there, according to the latest TD Waterhouse Women Investor Poll.
Retirement compensation arrangement could provide flexible pension plan. Eighty percent of small business owners will either sell or pass on their businesses to heirs over the next 10 to 15 years.
DC and RSP benefits are completely a function of contributions and the actual investment result for each employee. Employees are responsible for the outcome, not employers, and the pension amount is unknown until retirement. High costs, poor investment decision-making and lack of scale are documented problems with DC plans, which have generally experienced returns 1% lower than DB plans over time, according to a recent Towers Watson study.