SM Blog: » see older posts
- Wednesday August 18, 2010
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Wake Up and Smellthe Benefits!
I will be presenting at the HRMAM Connect Conference on October 27th, 2010 - » Read More
- Wednesday July 7, 2010
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CPP Increases Bad for Private Pensions
An increase to CPP will not help the average working Canadian retire more comfortably - » Read More
- Thursday June 17, 2010
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Boomers on the Cusp
The insurance industry used to be all about answering the question ‘What if I die?’ – have I provided security for my family. Today, the question for many baby boomers is ‘What if I live?’ - » Read More
SM Benefits & Pensions:
Boomers on the Cusp
Posted by: Kevin McFadden
– will I have enough money to live comfortably in retirement and am I confident I have financial security that will last my lifetime,” says Kevin Dougherty, President Sun Life. Noting a number of circumstances that have created a perfect storm around financial security – economic shocks, healthcare concerns, pension reform questions and increasing life spans – a number of solutions have been put forth by the industry, including creation of a registered health savings plan (RHSP) and pension reform. “These are easy changes to make to regulations. And no doubt they would serve to improve the financial security of Canadians immediately without hindering our ability to improve government programs,” says Dougherty. “Living longer should not be a burden. Instead this should be an opportunity for us to step up to the challenges of making financial security a reality.”