Vanishing home ownership will hit super: REST, AIST

Third, the media – both general and financial – should be aware that commentary on financial options must consider that many people would not own their home when they retired.

Fourth, the government must re-examine the adequacy of retirement incomes which previously had presumed home ownership.

Finally, super funds must educate members about making the most of their retirement savings.

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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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