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Income inequality in Canada is making retirement security a tougher goal for many, writes Leo Almazora for Wealth Professional.
The finding was a major one from the “recently released Natixis Global Retirement Index,” he continues, adding that “Canada fell one spot to 11th place with an overall score of 76 per cent.”
“In the income inequality indicator, Canada ranks 21st, which … indicates that many Canadians are missing out on economic growth and may be struggling to save for a secure retirement as a result,” Natixis said in a statement. “Canada also registered a decline in indicator scores for employment and income per capita compared to last year.”
More: Increasing pressure on pension managers.

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