Hot Off the Web- May 21, 2012

Posted on May 18, 2012

Topics: Risk management, index limitations, yield dangers, retirement savings rate? working in retirement, Vancouver housing swoon, Ontario’s (Canada’s) ‘junk pensions’, restructuring a signal of pension troubles, CPP on-track and not too big? end of mutual funds? bullion problems, JPMorgan to … Continue reading →

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The Pursuit of Risk Management

Posted on May 15, 2012
Risk

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 In a Nutshell Risk is unavoidable; it is part of life. There are known, unknown and unknowable risks. The best we can hope for is to undertake the pursuit of risk management, in order to minimize the impact to the … Continue reading →

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Hot Off the Web- May 14, 2012

Posted on May 11, 2012

Topics: Long-term care insurance, retirement location factors, mutual fund fees destroy retirements, lack trust, Canada in real estate bubble? realtor rip-off, not-for-profit pensions, CPP vs. PRPP, “financial repression”, insurance company demutualization? Fama: efficient markets and passive vs. active investing. Personal … Continue reading →

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Hot Off the Web- May 7, 2012

Posted on May 4, 2012

Topics: GMWBs, fee-only planners, work longer, junk & emerging market bonds, hybrid debt-no, retirement questions, prospect theory, scam warnings, housing bubble, no recovery for US house prices, sell and rent? Pensions: fiduciary duty & cooking the discount rates, Nortel pensioners … Continue reading →

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Pure longevity insurance payout option in CPP would reduce retirees’ longevity risk

Posted on May 4, 2012
CPP with longevity payout cash-flow

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Adding a pure longevity insurance payout option to the CPP would go a long way to ease the pain of private sector employees with disappearing pensions. This blog adds some meat to the proposal I mentioned in last week’s PRPP or expanded CPP? … Continue reading →

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‘RIP’ GMWBs? Who will miss these lose-lose products?

Posted on April 30, 2012

There were a number of recent articles indicating that insurance companies are exiting the GMWB business. The latest in the past week were MSN Canada’s  “Insurers back away from “income for life” products”, Benefit Canada’s   “Say goodbye to GMWB as you knew it” and … Continue reading →

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Hot Off the Web- April 30, 2012

Posted on April 27, 2012

Topics: Longevity risk, risk-free short-term rates, stock-picking robots, real estate: US and Canada down, Canada needs pension reform, longevity insurance option in CPP?  Social Security stress, pension problems disappear if you make more convenient assumptions, multiemployer pension plans an invisible … Continue reading →

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