Canada maintained its B\u002Dlevel rating in the 2022 Mercer CFA Institute Global Pension Index, but retirees face challenges. Find out more.
The list, released Tuesday, was topped by Iceland, which had an overall index value 84.7, closely followed by the Netherlands at 84.6 and Denmark at 82.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way.
“As DC pension plans continue to make up a greater part of Canadians’ retirement, turbulent markets, soaring inflation and a higher cost of living are all impacting older workers that are transitioning to full or part-time retirement,” said F. Hubert Tremblay, principal and senior wealth adviser with Mercer Canada.
“While Canada’s retirement system continues to rank well globally, there are risks that employers and employees need to manage in the current environment.”
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