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A new pension deal
Wednesday, June 2nd, 2010
June 1, 2010
The requirements for an improved retirement savings system have to include cost-effectiveness and adequacy while reaching a broad base of Canadians. The infrastructure, expertise, capacity and proven cost-efficiency to meet those requirements already exists in the private financial service sector’s workplace-based retirement savings programs, including pensions, group RRSPs and deferred profit-sharing plans. These capital accumulation plans have grown 70% in eight years and the potential for increased participation is clear…
Tags: pensions, standard of living
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