Group Retirement Savings and Pensions Report 2018

Based on our rebased forecast in 2018’s Investor Economics Household Balance Sheet Rebased Report, total retirement assets in Canada are forecasted to grow at an average annual rate of 5.9%, ending 2026 at $6.4 trillion. While the future size and state of the retirement industry is important to all players in the wealth and asset management industry, reflecting on how the group industry has evolved to the present day provides valuable insights into its likely growth trajectory. In this special feature, A Brief Retrospective of the Canadian Pension Landscape, we review the history of the Canadian pension landscape, discussing the industry’s “gilded age” and the events and forces which have contributed to its evolution.

Sections 2 and 3 of this report detail the results from our group retirement record-keeper survey and Section 4 reviews the group investment product shelf of Canada’s largest insurer record-keepers.