income inequality – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Wed, 01 May 2024 19:25:54 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 My Take: Closing the retirement savings gap in the BIPOC community https://www.benefitscanada.com/pensions/retirement/my-take-closing-the-retirement-savings-gap-in-the-bipoc-community/ Wed, 29 Dec 2021 14:00:48 +0000 https://www.benefitscanada.com/?p=114088 It’s no secret there’s a looming retirement savings gap among Indigenous and racialized Canadian seniors and their white counterparts. Indeed, a June 2021 study by the Canadian Centre for Policy Alternatives found data from the 2016 census showed white seniors’ income from private pension sources — such as registered pension plans and registered retirement savings […]

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]]> Income inequality reducing retirement security in U.S.: report https://www.benefitscanada.com/pensions/retirement/income-inequality-reducing-retirement-security-in-u-s-report/ Wed, 08 Sep 2021 13:00:11 +0000 https://www.benefitscanada.com/?p=106900 Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings accounts, according to a new report by the U.S. National Institute On Retirement Security. It found in 2019, white households across three generations — baby boomers, generation X and millennials […]

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]]> Canada maintains No. 8 global ranking for retiree well-being: report https://www.benefitscanada.com/canadian-investment-review/cir-news/canada-maintains-no-8-global-ranking-for-retiree-well-being-report/ https://www.benefitscanada.com/canadian-investment-review/cir-news/canada-maintains-no-8-global-ranking-for-retiree-well-being-report/#respond Thu, 01 Oct 2020 04:51:31 +0000 https://cumulus.benefitscanada.com/uncategorized/canada-maintains-no-8-global-ranking-for-retiree-well-being-report/ For the second year in a row, Canada ranked No. 8 among developed nations for retiree well-being, according to Natixis Investment Managers’ annual global retirement index. The index, which provides an overview of the relative well-being and financial security of retirees in 44 countries, examined 18 factors across four categories: finances in retirement, material well-being, […]

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