A recent poll commissioned by the Financial Services Regulatory Authority of Ontario(FSRA) found that 88% of respondents feel more needs to be done to encourage people to save for retirement, while 60% feel there is not enough public information available about pensions.
Canadian Institute of Actuaries Weighs In on Québec Pension Plan’s Eligibility Age
The alone stage of retirement: A risk exacerbated by gender
There is a growing proportion of baby boomer women who will end up living alone at older ages with limited incomes, and for whom health and daily activity issues will become more burdensome. It is this middle stage and into the late stage of retirement that many women will also find themselves alone and having to cope with both financial and non-financial issues – a period referred to as “the...
Reimagining pension solvency funding
Living well in retirement is the goal of all Canadians, but how prepared are we?
In the 2020 Retirement Risk Survey, conducted in partnership with Ipsos, the CIA asked Canadians a series of provocative questions about their retirement and long-term planning. The survey focused on how well Canadians understood longevity and life in retirement, and how accurate their expectations are around being disabled in retirement, needing long-term care, and more.