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Registered retirement savings plan contributions resume downward trend

By Kate McCaffery | April 3, 2024, 10:10 a.m.

Photo: Adobe Stock

Downward trajectory continues following peak pandemic years

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Headlines

Pension plans ramp up risk reduction transactions

Canadian after-tax incomes decreased in 2022

Nova Scotia adopts association’s short and long-term disability templates

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Registered plans

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Investments

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Life Insurance

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STATISTICS CANADA

Close to one-in-ten seniors worked out of necessity in 2022

Income inequality gap widens in 2023

Cancer incidence higher for those living within 50 kilometers of a wildfire

Unpaid caregiving most common among prime working-age Canadians

Special risks

Nova Scotia adopts association’s short and long-term disability templates

Casualty rates excluding auto liability decline at the start of 2024

Natural catastrophe losses globally exceed $43-billion

Quebec flood zone map raises concerns even before its release

Retirement

Agent who defrauded retired couple banned from securities registration

Pension funding rises in March

BrokerLink closes three transactions

Pension risk transfer market volumes in 2023 match record

Analytic

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Wealth management

Defined benefit pension funding increases in the first quarter of 2024

Younger households turning away from the housing market

Target-benefit plans require clearer regulation

Variable payment life annuities get new champion

Saving

Many Canadians are saving for retirement without a plan

Industry issues less debt in 2023

Widespread financial vulnerability uncovered in surveys

Financial regulators convene total cost reporting committee