The futures of many Canadians are being taken “down a dangerous path,” the Pioneering Pensions conference was told.
New products offer innovative ways to avoid outliving savings.
The Canada Revenue Agency announced the new ceiling on Nov. 1. It is calculated according to a CPP legislated formula.
Asset performance and bond yields push funded ratios lower in the third quarter.
Lower scores for material well-being, tax pressure, environment and overall happiness drive Canada out of top 10 positio
Although buoyed by rising interest rates, defined benefit pension plans racked up their worst performance in decades.
A record year in 2021 contrasts sharply with the decline in 2020 and confirms insurers’ risk-taking capacity.