New research highlights Canadian retirement shortfall
Retirees face eight years of hardship after savings run out
- By: IE Staff
- February 20, 2013 February 20, 2013
- 12:50
Retirees face eight years of hardship after savings run out
Nearly 6 million Canadians could see their living standards drop by more than 20% in retirement
All of Ally’s operations will be integrated into RBC
The $1.8 billion raised was the highest level of new capital formation in a decade, CVCA says
Irish Life acquisition will provide insurer with scale, synergies and savings
Three FPE2 candidates honoured
Firms would like to see new products and services
Insurer caps record year
Tax incentives would encourage institutional and retail investors back into the marketplace
Full year profits top US$15.5 billion
Financial results benefit from the sale of L’Union Canadienne
Earnings per share up 10% in Q4
FTT expected to raise €30 billion or more
NERA reports there were nine new securities class actions filed in Canada last year, down from a record 15 in 2011
Merged firm would offer greater growth opportunities
Bruce Shewfelt joins Connor, Clark & Lunn Private Capital as CEO
Insurer reduces risk profile in “transformational year”
Proposed CCPA framework would make system more progressive
Stock exchange operator will acquire transfer agent assets from Equity Financial for $64 million
Premiums and deposits, assets under administration grow to all-time highs
Rules that protect multinationals from paying double taxation, too often allow them to pay no taxes at all
Outlook is negative
Donald J. Johnston Award and Fellow of FPSC distinction
Net redemptions rise at Investors Group division
Differences in calculating bank’s market risk capital could be heightened in a crisis, leading to a loss of investor confidence