Switching analysis finds members buying high and selling low

McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups.  Of the 210 survey respondents,  half of those in their 30s relied on the default level of insurance  cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’. 

 

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Canada establishes new SWF amidst global push for nation-building investment

Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.

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