CLHIA-ACCAP

Canadian Life and Health Insurance Facts, 2022 Edition

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Growing assets to support retirees Over the last decade, accumulation annuities have driven growth in retirement assets held by insurers - up an average of seven per cent annually since 2011. 80% 83% of assets are in the accumulation stage – up from 76% a decade ago of assets are invested in segregated funds – up from 71% a decade ago Notes Accumulation annuities A flexible and secure investment vehicle for pension plans, RRSPs, TFSAs and non-registered funds during the savings stage. Segregated funds See "How Insurers Invest." 18 Canadian Life & Health Insurance Facts // 2022 Edition

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