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Episode 33: How Can Dynamic Pension Pools Address the Need for Lifetime Pension Income in Canada
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Bonnie-Jeanne MacDonald, Director of Financial Security Research at the National Institute on Ageing at Ryerson University and Barbara Sanders, Associate Professor Statistics and Actuarial Science, Simon Fraser University introduce us to the concept of Dynamic Pension Pools, how they are different from other lifetime income solutions, and the role they can play enhancing the quality of life in retirement not only in Canada, but around the world. Their recent policy paper titled “Affordable Lifetime Pension Income for a Better Tomorrow: How we can address the $1.5 trillion decumulation disconnect in the Canadian retirement income system with Dynamic Pension pools” was selected by the Georgetown University Center for Retirement Initiatives as part of a Call for Papers in November 2021 for our Annual Policy Innovation Forum. It was published November 16, 2021 by the National Institute on Ageing at Ryerson University and the Global Risk Institute.
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