My Money in Retirement – Decumulation Hub article: Dynamic Pensions – Does it Hold the Promise to Provide Retirement Security?

The final article in our Decumulation series is now available, Dynamic pensions hold the promise to provide retirement security.

Canadians are looking for solutions to convert their retirement savings to income.  With recent changes to federal legislation, the income generating potential of dynamic pension plans or variable payment life annuities (VPLA) are on the horizon. Dynamic pensions could provide protection from longevity risk, while still benefiting from market gains.

The latest article in the My Money in Retirement Decumulation Hub series considers the future impact of dynamic pension plans, including commentary from Bonnie-Jeanne MacDonald, director of financial security research for the National Institute on Ageing at Toronto Metropolitan University.

Read this new article in the Decumulation Hub series.

To view previous articles from our series, visit the Decumulation Hub.

Questions?

Contact your Sun Life Group Retirement Services representative.