New pension paradigm needed to better serve employees: Report

‘Policies encouraging larger, collective pooled pension plans governed by independent management boards are the way forward,’ says expert

New pension paradigm needed to better serve employees: Report
Canadians continue to find it difficult to save for retirement, and worry about post-retirement savings, according to a 2018 survey of 1,003 workers conducted by AON. Credit: Flamingo Images (Shutterstock)

The time is right for Canada to adopt a pension model that serves the workforce more appropriately, according to a report by the C.D. Howe Institute in Toronto.

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