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Special Report on Retirement 2016

In this special feature: focusing on clients’ retirement goals; understanding annuities; changes to the CPP; managing debt; holding cash; and much more from the Mid-November 2016 issue of Investment Executive. Photo copyright: goodluz/123RF.

November 10, 2016

Deferring government benefits

Clients who put off receiving CPP and OAS payments can reduce their longevity risk. These clients will need other sources of income to bridge the gap until they begin collecting those benefits

  • November 11, 2016 September 13, 2019
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What’s the right amount of cash?

Advisors suggest clients' portfolios should hold two to three years' worth of withdrawals in liquid or guaranteed investments. Opinions vary on the percentage of the portfolio that should be in cash

  • November 11, 2016 September 13, 2019
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Unlocking locked-in accounts

If your client leaves an employer that offered a defined-benefit pension plan, the client may have options for handling the assets in that plan. Some rules vary from province to province

  • November 11, 2016 September 13, 2019
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Be cautious with DB plans

Some advisors forecast a range of outcomes for clients with private-sector DB plans, ranging through full benefits to partial reduction of benefits to a complete collapse of the plan

  • November 11, 2016 September 13, 2019
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Start young, grow big

Persuading millennial clients to start saving for retirement while they're young can be difficult. But even small, regular amounts can add up impressively over decades

  • November 11, 2016 September 13, 2019
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Breaking open that other piggybank

In an ideal world, retirees would not need to use home equity to fund their retirement. But, for many people, their homes will be their biggest asset when they retire and they may need to realize some of that equity. Indeed, more than a third of Canadian retirees say that they expect to use home […]

  • November 11, 2016 September 13, 2019
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Managing debt in retirement

Many Canadian seniors are carrying significant debt and they don't appear to be too worried about it. In some cases, your role may be to help your clients manage their debt while still encouraging them to have a retirement saving plan

  • November 11, 2016 September 13, 2019
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Impact of pension changes

The full effects of the federal Liberals' proposed expansion of the Canada Pension Plan will not be felt for years to come. Both benefits and premiums will increase over time, but additional contributions will be tax-deductible

  • November 11, 2016 September 13, 2019
  • 00:50

In life, there are some guarantees

A question frequently asked by clients who face imminent retirement is: “Will my money last?” A proper response from a financial advisor requires examining several issues that could affect the client and determining whether guaranteed products can fit into his or her portfolio. With interest rates at historically low levels and financial markets volatile, many […]

  • November 11, 2016 September 13, 2019
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Tax rules for annuities are changing

The newly updated mortality tables mean that the taxable portion of annuity payouts will increase for many clients. However, annuities purchased before the end of this year will be grandfathered under the existing rules

  • November 11, 2016 September 13, 2019
  • 00:50