pension system reform in Canada. In this paper, we draw on internationally comparable survey evidence on financial literacy … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement … retirement savings …

Annuities, long-term care insurance and reverse mortgages remain unpopular to manage longevity, medical and housing … evidence of strong spousal co-insurance motives motivating LTCI and of responsiveness to bundling with a near doubling of …

The conventional approach to retirement and life insurance planning, which is used throughout the financial planning … determines the amounts of saving and life insurance needed to achieve these targets. The economic approach is based on the life … insurance recommendations provided by economic financial planning software and the practical application of traditional …

expenditure for other goods and services, and about 35 percent by reduced taxes. The analysis rests on a savings decision …

almost universally purchased) insurance products. Simulations of an extended model of life cycle saving and portfolio …

public finance over the past decade. The emphasis here is on the annuity insurance aspects of social security and pensions. A …