Can advisors meet the decumulation crisis?
President of Purpose's Longevity retirement platform outlines how advisors can help retirees navigate immense challenges
Source: wealthprofessional.ca
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The pension pretender
A new financial product aims to fill void for many Canadian workers’ retirement finances. That...
Source: winnipegfreepress.com
Purpose Investments Launches Income-forLife Mutual Fund – Bankless Times
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 providing investors with the flexibility to redeem or invest more into the fund at any time. According to a ...
Source: banklesstimes.com