Introduced in the 2019 federal budget, these annuities provide income beginning as late as age 85
Positive workforce trends to cushion impact of aging population
Regulator details results of review, calls for action from firms
High bond yields and weak forecast for equities make conservative portfolios more attractive
Firms need to address gaps in estate-planning support as cohort of elderly clients grows
John Yanchus of Canada Life says annuities are increasingly popular in the current economic climate, and they have a lot going for them
Strategic withdrawals allow clients to smooth out their income levels over retirement
Reconstruction should focus on client needs, risk mitigation
Rating agency says strategic partnership has attractive benefits for all players
Department of Finance will wrap up its study in June