RBC AND THE UNIVERSITY OF WATERLOO ANNOUNCE CREATION OF RETIREMENT RESEARCH CENTRE
Innovative centre will provide Canadian boomers with access to retirement research and resources
TORONTO, May 12, 2010 — The first wave of boomers turns 65 in 2011 and with this, a significant portion of the population will need advice, resources and information to help plan, transition and thrive in retirement. To support these needs, RBC today announced a research partnership with the University of Waterloo, one of Canada’s leading post-secondary educational institutions, which includes the creation of the RBC Your Future By Design Retirement Research Centre at the University of Waterloo.
“We believe more research is required to understand the issues boomers will face so that we can provide relevant advice and solutions to better prepare them to live well in retirement,” said Ashif Ratanshi, senior vice-president and head, Branch Investments, Deposits and Direct Investing, RBC. “With boomers nearing and entering their retirement years, this strategic alliance with one of Canada’s leading universities will provide Canadian boomers with relevant information and innovative ideas to enable their retirement planning and retirement living.”
The
RBC
Your
Future
By
Design
Retirement
Research
Centre
at
the
University
of
Waterloo
combines
the
University’s
insights
and
expertise
on
healthy
aging
with
RBC’s
expertise
in
providing
Canadians
with
financial
advice
and
solutions
to
help
them
succeed.
The
new
Centre
will
focus
on
research
related
to
areas
that
influence
quality
of
life
in
retirement
including
health,
leisure,
wellness,
lifestyle,
financial,
economic,
science,
arts
and
technology.
“This
collaborative
approach
is
the
first
of
its
kind
where
our
innovative
academic
research
will
assist
the
financial
services
industry
in
the
development
of
practical
solutions
and
advice
for
retirement
planning,”
said
Roger
Mannell,
professor
and
dean,
faculty
of
applied
health
sciences,
University
of
Waterloo.
“We
are
pleased
to
collaborate
with
Royal
Bank
of
Canada,
one
of
Canada’s
leading
financial
institutions,
to
inform,
engage
and
empower
Canadian
boomers
throughout
this
significant
period
in
their
lives.”
In addition to the new Centre, RBC is creating an undergraduate grant program called the RBC Your Future by Design Retirement Research Undergraduate Fellowship at the University of Waterloo. This fellowship is designed to develop expertise in fulltime undergraduates interested in retirement and aging as it impacts Canadians, businesses, institutions and systems, and advance the understanding of retirement from health, financial, social, leisure and psychological and health perspectives.
For
more
information
about
the
RBC
Your
Future
By
Design
Retirement
Research
Centre
at
the
University
of
Waterloo,
visit
here.
About the University of Waterloo
The
University
of
Waterloo,
located
at
the
heart
of
Canada’s
Technology
Triangle,
is
one
of
Canada’s
leading
comprehensive
universities.
Waterloo
is
home
to
30,000
full-
and
part-time
undergraduate
and
graduate
students
who
are
dedicated
to
making
the
future
better
and
brighter.
Waterloo,
known
for
the
largest
post-
secondary
co-operative
education
program
in
the
world,
supports
enterprising
partnerships
in
learning,
research
and
discovery.
For
more
information
about
Waterloo,
go
to
www.uwaterloo.ca.
The RBC Your Future by Design Retirement Research Centre at the University of Waterloo will focus on research related to areas that influence quality of life in retirement including health, leisure, wellness, lifestyle, financial, economic, science, arts and technology. The Centre will complement the distinctive RBC approach that helps clients identify, plan, and realize their goals for retirement. With the guidance of RBC financial planners and investment and retirement planners, Your Future by Design helps clients create a blueprint for a successful lifestyle and financial plan for retirement based on what is truly important to them in key areas in life, including family, health, home, lifestyle, work/business, mind and spirit, and legacy. To find out more about how RBC can help build a blueprint for the future, visit here or call 1-866-335-4055.
Media
contacts:
Suzanne
Willers,
RBC,
416-974-2727
Michelle
Douglas-Mills,
University
of
Waterloo
519-888-4567,
ext.
38345