More clients could benefit from TFSAs' ability to provide tax-free income in retirement
Managing longevity risk while providing steady income poses a challenge
Two financial advisors suggest portfolios that provide income, tax efficiency and inflation protection for a hypothetical senior client
The York University professor laid out his concerns at an event this week
The fund has characteristics of an annuity or pension, with monthly lifetime distributions when investors turn 65
Retirement spending needs are complex and shifting, research finds
The fund aims to provide returns with lower correlations to major equity and bond indexes
Investment plans need to be flexible, but don't abandon tested strategies
The wealth gap, low interest rates and climate change pose major challenges
The new fund offers investors a target payout of 4% per year