. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know.
Meanwhile, those going it alone without a workplace pension see paltry yields on guaranteed fixed income such as guaranteed investment certificates that are being swamped by inflation – pushing investors up the equity market risk-ladder for unpredictable dividend income. “Annuities can supplement other guaranteed income streams such as Old Age Security , Canada Pension Plan , or Quebec Pension Plan ,” Ms. Soo says.
David O’Leary, founder and principal at Kind Wealth in Toronto, and a former mutual fund analyst, warns the added cost of security from insurance products leaves investors with less money invested to grow their portfolios in retirement.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Källa: globeandmail - 🏆 5. / 92 Läs mer »