Jody White

Canadian managers increasingly bearish

The number of Canadian investment managers calling themselves bears is growing due to recent economic developments, according to a survey. The latest quarterly survey from Russell Investments shows that Canadian investment managers bearish on the Canadian stock market increased to 19% from 9% three months earlier. At the same time, the percentage of managers considering […]

By Jody White |June 29, 2010

2 min read

Industry

Boomers in retirement fantasyland

On the heels of a StatsCan report indicating that all boomers will be eligible for retirement within the next 20 years, a BMO Retirement Institute poll finds that only 48% of boomers are prepared for retirement. This means that less than half are planning or have already discussed their post-retirement income strategies with a financial […]

By Jody White |June 10, 2010

2 min read

Industry

Canadian financial confidence up

Increased economic growth and stock market gains have pushed the Russell Financial Health Index (RFHI) to its highest level since the fourth quarter of 2008. Based on an online calculator that gauges the overall financial health of Canadian investors, the RFHI is currently up to 51.1 points from its low of 47.9 points in the […]

By Jody White |May 3, 2010

1 min read

Industry

Let them save, says CLHIA

Canada’s insurance and health industry believes the country’s retirement system is far from broken, and that individuals simply need more incentive to save for themselves. The Canadian Life and Health Insurance Association’s (CLHIA) latest report, Saving More for the Future: An Achievable Goal for Canadians offers recommendations that tinker with the existing retirement structure—such as […]

By Jody White |April 1, 2010

2 min read

Industry

Managers bullish on Canadian, emerging markets equities

A majority of investment managers continue to express bullishness on Canadian equities, and emerging markets according to the latest Russell Canada Investment Manager Outlook. “This quarter, 69% of investment managers surveyed say they are bullish toward Canadian equities,” says Sadiq Adatia, chief investment officer with Russell Canada. “But what’s striking is the slow-but-steady decline in […]

By Jody White |March 30, 2010

1 min read

Market Insights

Managers forecast double-digit equity returns

Despite renewed uncertainty over bond markets and recent jitters in stock markets around the world, institutional investment managers are confident enough in an economic recovery to expect returns on global equities of 10%, a recent survey reveals. Towers Watson’s 2010 Global Survey of Investment and Economic Expectations of 98 investment managers finds that respondents expect […]

By Jody White |February 17, 2010

3 min read

Industry

Canadian retirees breathe easier

The fallout from the global financial crisis has seeped into the retirement experiences of North Americans and reflects the disparate regulatory regime and savings cultures of Canada and the U.S., according to a study. TD Bank Financial Group’s North American Report on Retirement survey of 1,002 retired Canadians and 1,009 retired Americans finds that Canadian […]

By Jody White |February 11, 2010

3 min read

Industry

Retirement math still fuzzy

Most Canadians feel they will have enough income to cover their necessities in retirement, according to a poll conducted for RBC, but for most, a “dream retirement” seems out of reach. Ninety percent of respondents said they are financially prepared for a fairly routine lifestyle after they exit the workforce, while 25% said they will […]

By Jody White |January 18, 2010

3 min read

Industry

Ignatieff calls for pension reform

Liberal leader Michael Ignatieff is backing the idea of a supplementary government pension plan, saying Canadians are not saving enough for retirement. “We are calling on the government to make saving and full retirement easier and more secure for all Canadians,” Ignatieff told reporters in Ottawa on Tuesday, Dec. 8. The proposed supplementary Canada pension […]

By Jody White |December 9, 2009

2 min read