Since blog posts (Oct.25 & Nov.14), the Canadian government’s announcement on the pooled pension plan scheme finally hit the financial news headlines. Immediately critique and analysis began on the proposed Pooled Registered Pension Plans (PRPPs). A Toronto Star headline called the government’s new plan “tinkering with pensions”. Some make argument that Canadians would better benefit
Listening to a TV panel of pundits on the subject of the lethargic global economy, disappearing jobs and the lost decade for youth career opportunities, got me thinking as usual about a contrast to that slice of reality, and that for one moment became the sleeping news story about product and service opportunities for our
Further to Robert Brown’s Sept. 19th article in http://www.evidencenetwork.ca/ on pooled pension plans, one of the advantages he comments on is what he calls “…pooling the mortality risk, resulting in a more accurate estimation of the groups’ average life expectancy.” (the “group” meaning pooled pension plan participants). There it is a again – “mortality risk”.
Barely a day goes by, that there isn’t some symposium, book or report (not to mention a blog or three like this) about an aging world, longevity and retirement. We even have on line longevity calculators that can tell you how long you’ll live. It’s an aging obsession. Recently on vacation in Italy it was
The range of product development and resultant opportunities surrounding the subject of longevity keeps getting wider and riper for detailed probing. Almost like panning for gold in the Klondike days, for some aging is the new gold. Maximize this, minimize that in an aging world. Take the pension fund world for example. Swiss Re the