From the Pension Experts

It started as a lunch meeting but by the time it had finished, it became a meeting of the minds over the need to solve the retirement crisis by launching a new national program to deliver workers adequate retirement income. Pension expert and academic Teresa Ghilarducci, a renowned labour economist, broke bread with...

Success brings a host of rewards, including accolades, an audience, and a sense of achievement. What it shouldn’t produce, though, says Hugh O’Reilly, is complacency and a tendency to rest on one’s laurels. When a track record of success is significant, some might ask why change a proven model. The answer,...

The benefits of a DB pension have been clearly defined, including the obvious one: the provision of reliable, lifetime income that serves as the cornerstone for a comfortable retirement. Numerous studies and reports have also shown the value of a defined benefit pension to employers when it comes to the recruitment...

If it takes a village to raise a child, perhaps then it can also be said it takes a community to ensure seniors have adequate income to meet their basic needs. Jane Kali endorses this concept, and from her perspective, the larger national and provincial communities need to do a better job at addressing poverty in...

“Baby boomer women ­– the first generation to approach retirement age under these conditions – find themselves in the workforce well into retirement age and facing poverty rates close to 12 per cent.” – Jennifer Erin Brown  A recent report from the National Institute on Retirement Security (NIRS) concludes...

Saving for retirement can be a risky business, especially if one doesn’t have the security of a traditional pension. Numerous factors from lack of financial knowledge to market upheavals can imperil retirement savings, a stark reality constantly confronting individual investors. When volatility in markets spike,...

Today’s seniors, Susan Eng recently told a summit of pension experts, are not your grandmother’s seniors. The differences are obvious: baby boomers are living longer and healthier than previous generations, and they bring with them an unwillingness to settle into the comforts of old age – to not go gently into...