Tag Archives: “financing longevity”

Owning the Age of Longevity: Follow the Money

Marsh & McLennan announced last week a $1.5  investment in a collaboration with the Stanford Center on Longevity  to, as they state: “advance awareness and education around issues related to retirement and aging populations. Two aspects…increased longevity and financial security are top of mind for governments, businesses and individuals.” What a smart investment as well

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Financing Longevity:Pooled Pension Plans 3

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

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Financing Longevity:Pooled Pension Plans 2

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”.

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Financing Longevity:Pooled Pension Plans

At the October 2010 Retirement Planning Association of Canada (RPAC) conference I co-chaired in Toronto, the agenda was centered around Reframing Retirement & Longevity Issues  in 21st Century Canada. Of course one of the main streams of conversation was financial planning or “financing longevity” as I prefer to call it. Robert Brown,  who was Professor

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