Next stage of pension modernization will come later this year
Bulked up plan would address would address issues of coverage, security of benefits, and cost of administration
Provinces take a step back
Most haven’t generated enough of their own savings for retirement
More workers needed to offset exodus of retiring boomers
Government, industry and individuals urged work together to overhaul pension system
Majority view crisis as long lasting
Editorial
Value of advice must be recognized
Allow DC multi-employer pension plans; Lock-in employer contributions to group RRSPs