Trusts can be an important component of estate planning for the affluent.
The big three insurers in the Canadian market accounted for 74.2% of total insurance revenues in Canada in 2023.
The six largest P&C insurers together held 53.8% of the market share.
The ALDA was designed to counter the risk of outliving one's savings.
The longer you postpone receiving public pension benefits, the less personal savings you'll need for retirement.
The pension risk transfer market is benefiting greatly.
New guidelines reflect updates of regulators' views on the responsibilities of plan sponsors.
