Retirement

Economic Indicators

Do your clients have emergency funds?

Nearly half of homeowners would be ill-prepared for a personal financial dilemma.

By Staff, with files from The Canadian Press |November 24, 2016

3 min read

Industry

Is RBC eyeing further U.S. expansion?

Royal Bank of Canada head of corporate strategy and development Jamie Anderson is set to retire in 2017.

By Staff |November 18, 2016

1 min read

Industry

Insurers open low-volatility seg funds

Great-West Life, London Life and Canada Life are introducing segregated funds designed to reduce volatility for retirees.

By Staff |November 16, 2016

1 min read

Planning and Advice

What fiftysomethings expect from their advisors

50-somethings get answers to pressing questions

November 4, 2016

5 min read

How long will your client live?

Accurate life expectancy data is making financial planning more effective, allowing for a truer estimate of how much clients must save for retirement. Read: Canada’s retirement system gets a B from global pension index Life expectancy at birth has increased over the decades, and in 2011, centenarians were the second-fastest growing age group, reports Statistics […]

By Staff |October 31, 2016

2 min read

Canadian healthcare comes up short

Universal healthcare is often touted as a perk of being Canadian. But for Canadian retirees — and for Canadian employees, for that matter — putting extra money aside for healthcare in another country might be a wise move. Although Canada spends more on healthcare than nearly all comparable countries, it ranks low in performance, finds […]

By Staff |October 27, 2016

1 min read

Long live the retirement-age entrepreneur

If Canadians continue to work well past their fifties, advisors may have to alter how they approach retirement planning. More employed people are 55 or older, reports Canadian Business, citing data from StatsCan’s recent labour survey. The number of workers aged 55 and older grew by 57,000 from August to September 2016, and by more […]

By Staff |October 24, 2016

2 min read

Canada’s retirement system gets a B from global pension index

This story was originally published by Benefits Canada. Canada’s retirement system maintained its score of a B on the 2016 Melbourne Mercer Global Pension Index, indicating a sound structure, many good features and some areas of improvement. To improve, Canada could develop a product for employees without a workplace pension plan, increase savings levels for […]

3 min read

Business owners aren’t ready for retirement: Report

Research shows that most Canadians aren’t prepared for retirement, and a recent BMO report reveals business owners are no different. In fact, they’re considering increasing savings or selling their businesses to help reach their retirement goals. Read: Changes to corporation taxation: what you need to know The report’s highlights include: Read: Help investors move away […]

By Staff |October 20, 2016

2 min read