Longevity Retirement Platform News Today

President of Purpose's Longevity retirement platform outlines how advisors can help retirees navigate immense challenges

A new financial product aims to fill void for many Canadian workers’ retirement finances. That...

Purpose Investments Launches Income-forLife Mutual Fund Purpose Investments this week launched the Longevity Pension Fund, an income-for-life mutual fund designed for Canadians in retirement. It seeks to help all Canadians feel financially secure in retirement and have the freedom to enjoy their post-work years as they choose. Similar in design to a defined-benefit pension, the fund incorporates longevity risk pooling in order to provide lifetime income to Canadian retirees, while also providin...