News Archive

News Archive 2020-03-16T14:09:12+00:00

Our 2nd CEAR-RSI Household Finance Workshop took place on November 15 and 16, 2019 in Old Montreal.
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Through a competitive process, the RSI was selected as academic partner of the Dynamic Microsimulation Initiative of Employment and Social Development Canada. As such, the RSI will receive nearly $1.4 million by 2023 in order to build a Canadian retirement simulation model with ESDC and Statistics Canada.
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Henri-Paul Rousseau joins the RSI as Adjunct Professor. Through his tremendous expertise, his will bring value to the research activities of the Institute while contributing to the RSI’s reach and the development of its ties with the business community.
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On September 3, Bertrand Achou joined the Institute as an Associate Researcher. Holding a Ph. D. from the Paris School of Economics, his research focuses mainly on the economic and financial risks after retirement and the implications of this for insurance and public policy.

The RSI Index combines the responses of 3,000 Canadians aged 35 to 54 to 6 questions of general financial knowledge and 23 program-specific questions on 4 different topics, for a total of 29 questions. For the first edition, the overall index is 36.5%, reflecting a limited knowledge of our multi-pillar system and of certain key concepts.
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How will innovative products and technological progress contribute to consumers taking control of their financial well-being?

This was the them of the roundtable organized by HEC Montréal and the RSI on June 10, as part of the 25th Conference of Montreal. Moderated by Bernard Morency, the roundtable brought together Gregory Chrispin, from the Mouvement Desjardins; Adam Felesky, from Portage3; Mark Evans, from Conquest Planning; and Pierre-Carl Michaud, director of the RSI.

On April 12, professor Philippe d’Astous received the Financial Literacy Research Award for a paper presented the day before, during GFLEC’s 5th Cherry Blossom Financial Education Institute which took place in Washington, D.C. The paper, co-authored by Martin Boyer and Pierre-Carl Michaud, is titled “Tax-Sheltered Retirement Accounts: Can Financial Education Improve Decisions?.”

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HEC Montréal News

On November 26, Pierre-Carl Michaud, the Director of the Institute, presented a conference entitled “Tax-Sheltered Retirement Accounts: Can Financial Education Improve Decisions?” at the National Research Symposium on Financial Literacy, in Toronto.
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The Retirement and Savings Institute (RSI) thanked its main financial partner, Power Corporation of Canada, at a recognition event held on May 30 at the School.
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