As the pandemic slowly recedes, work-life balance trends emerge. A recent Angus Reid survey revealed that 19% of Canadians would quit or look for a new job if required to return to the office. 25% of survey participants stated they would look for new employment after returning to office.

If you have a pension at your current job, it’s important to understand the different ways to handle funds you’ve accrued before you move on. One option is transferring pension savings to an insurance company to purchase a life annuity. This can offer a predictable, recurring income stream after retirement, but investment decisions are handled solely by the fund management – and this decision is reversible.