Global Retirement Savers Study: Findings from Canada
Actionable insights to address the unique needs of Canadian retirement savers.
April 2026, From the Field - Jessica Sclafani , CAIA
Our inaugural Global Retirement Savers Study offers insights on the priorities, concerns and preferences of retirement savers across five of the world’s largest retirement markets—Australia, Canada, Japan, the United Kingdom, and the United States.
This research can help plan sponsors, human resources professionals, recordkeepers, advisors and consultants tailor retirement investment solutions, plan design and communication strategies to address the unique needs of Canadian retirement savers.
Key Insights
- Economic outlook: Over half of Canadian retirement savers are bracing for recession in the coming year—a higher percentage than the global average—with particular concern regarding inflation. Note: this survey was fielded between 24 June to 31 July 2025.
- Savings and investing: Among the five countries studied, Canadian retirement savers are the most likely to favour default investments, and Canadian women and baby boomers most value a professional choosing how their retirement savings are invested.
- Sources of advice: Canadian retirement savers point to the organisation that manages their retirement plan(s) as an important source of financial advice and support. Canadians also report strong reliance on human advisors, demonstrating a need for a combination of advice at scale and on a human, one-on-one basis.
- Retirement expectations: Many Canadian retirement savers are planning to retire at a specific age; however, this expectation declines across younger to older generations, whilst about one-third anticipate continuing some form of work in retirement.
Jessica Sclafani, CAIA®
Global Retirement Strategist
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