Articles on Pensions

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B.C.‘s ambitious new school curriculum includes mandatory financial literacy instruction within math courses at every grade level, starting from kindergarten. (Shutterstock)

Why financial literacy should be taught in every school

Financial literacy is non-intuitive to the human brain and fundamental to survival today. We should follow British Columbia's example and make financial literacy mandatory in every grade - across the country.
Shoppers browse at a Sears Canada store in Toronto in October after the company began liquidation sales. Its retirement funds are short $308 million, forcing a 19 per cent cut to employee pensions. (THE CANADIAN PRESS/Nathan Denette)

Sears Canada tarnishes the gold standard of pensions

Sears Canada's bankruptcy should alert employees and regulators alike to rethink defined-benefit pensions.
The world is getting grayer, but getting older doesn’t mean what it used to. Jorge Silva/Reuters

It’s time to measure 21st century aging with 21st century tools

Turning 65 in 2016 doesn't mean the same thing as hitting 65 in 1916. So why are we still using a population aging measure that was developed a century ago?
South Africa’s Finance Minister Pravin Gordhan delivers his 2016 budget address to parliament in Cape Town. Reuters/Mike Hutchings

South Africa’s finance minister tackles wastage, boosts confidence

South Africa's finance minister delivered a good mix of macro and micro-economic strategies to ensure the country survives economic uncertainty, restores confidence and achieves some growth.

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