iAtoday

Did you know? In Canada, less than one in two people have a financial plan for retirement.¹ The stakes are high: how do you turn your accumulated savings into a sustainable income?

Organizations have a real opportunity to support their employees during this critical phase, when decisions are complex and have a significant impact on financial wellbeing. 

“The main challenge of decumulation is sustaining income in an ever-changing environment over an unknown lifespan.”

Dustin Hunt, National Vice-President, Distribution, Group Savings and Retirement

Group Benefits and Retirement Solutions

Our white paper Decumulation: Why organizations should care can help inform the thinking of group retirement savings plan sponsors while helping you showcase the value of your expertise as you guide them through the process.

In this background paper, our experts explain that:

• Decumulation is a shared responsibility where organizations can offer structured support to promote informed decisions.

• Decumulation is a strategic opportunity to enhance retirement quality, boost confidence and support financial wellbeing after employment ends.

• A guided approach with a clear pathway and access to personalized financial advice can help people manage the complexity of decumulation and reduce anxiety around financial decisions.

Interested in learning more about how plan sponsors can incorporate decumulation into a financial wellbeing strategy? Read our white paper.

¹Retirement: The decumulation challenge| iA Financial Group, 2024