It depends on the client — and many other factors, such as the client’s risk tolerance and whether the pension is indexed
Retirement savings system not broken, but needs improvement
OAS system facing greater pressure from lost retirement savings
Insurer favours private sector solution for solving shortfall in retirement savings
Aligning future liabilities with assets seen as greatest challenge
Advantages over traditional RRSPs include higher contribution limits and measurable tax benefits, among others
The various reforms that the federal government proposed earlier this year “better reflect the many paths people take to retirement”
High loonie offsets stronger equity markets
Basic exemption remains $3,500