NIA & GRI – An Introduction to Dynamic Pension Pools: A New Chapter for Pension Income in Canada
Financial security in retirement is a growing concern for many Canadians, with a recent National Institute on Ageing survey showing that 77% of older adults are worried about their financial well-being. With retirement expected to last several decades for many—combined with unpredictable financial markets and changing personal circumstances—older Canadians face a tremendous challenge in turning accumulated savings into income that will last the rest of their lives. An emerging solution, called Dynamic Pension pools, could give Canadians access to affordable retirement income for life.