1  The ability of individuals with RRSPs to use a Registered Retirement Income Fund rather than a life annuity does allow more sophisticated retirees to mitigate this risk somewhat. 2  I am not aware of any Canadian research on this topic. But it is a reasonable assumption that these results would apply to Canada.
3  But many defined-benefit plans lack portability, which lessens their attractiveness. 4  Arbitrage refers to a trading strategy that tries to take advantage of differences in prices for the same asset trading on different exchanges.