As median age in many parts of the world continues to rise, many countries face an increasing challenge funding social security programs for senior citizens. For the first time, th[...]
Life expectancy in Canada has been increasing at a steady rate in recent years. An April 2014 report from Canada’s Chief Actuary concluded that persons who are age 65 and older are[...]
HSBC’s latest worldwide survey on retirement asserted that Canadians are the least likely to support their children financially, and are the most likely to spend their accumulated [...]
According to a new report released on 13th January by Wealth-X and National Financial Partners, people of “ultra-high net worth” (UHNW) – those with at least $30mn in assets – will[...]
Fund managers of the Healthcare of Ontario Pension Plan (HOOPP), the Ontario Municipal Employees Retirement System (OMERS) and the Ontario Teachers’ Pension Plan – three of Canada’[...]
The children have finally moved out, and although you miss having them around, you also enjoy the element of tranquillity that comes with the empty nest. There’s plenty of ti[...]
For a number of years now the proportion of employers in the US and Canada offering defined benefit pension plans to employees has been on the decline. Research shows that today fe[...]
Retirement planning and pet parenting seem like two entirely unrelated matters. However, pets are valuable additions to the family, especially once the children have grown and move[...]
Economic downturn, changes in social behavior, and a society that enjoys living longer have contributed to conflicting demands on the ‘sandwich generation’. The group has earned th[...]
In June 2013, the U.S. Equal Pay Act celebrated its 50th anniversary. Since the women’s movement of the 1960’s, American women have gained ground in the workplace for compensation [...]