The Rolling Stones are back on tour this fall, despite the recent passing of drummer Charlie Watts, proving that old age and impending mortality don’t have to be impediments when it comes to being a rock star. But they’re not the only ones. Several performers from the classic rock can still be seen making new music and touring, even as they reach ages when most of us hope to be well into...
Joseph Nunes, FCIA and co-author of the CIA’s recent insight statement, Protecting Pensioners of Traditional Defined Benefit Plans: A New Approach to Solvency Funding and Benefit Reductions on Plan Wind-up, joins us to provide an overview of the paper and the discussion it has generated.
As global citizens and professionals, actuaries need to give some priority to a climate-sensitive, sustainable future and help enhance collective financial and societal well-being. COP 26 signatories drive political decisions, but the details at implementation level is what will matter for actuaries, so they should be prepared to participate in the formulation of clear, consistent, and...
In the 2020 Retirement Risk Survey, conducted in partnership with Ipsos, the CIA asked Canadians a series of provocative questions about their retirement and long-term planning. The survey focused on how well Canadians understood longevity and life in retirement, and how accurate their expectations are around being disabled in retirement, needing long-term care, and more.
With the pandemic in its fourth wave, the Canadian retirement landscape remains a vulnerable sector. The findings of the Retirement Risk Survey, though concerning, illustrate an undeniable fact that, more than ever, Canadians need support and information about how to manage their retirement and long-term care needs in old age.
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