I want to write about one of the world's biggest investors in private equity, which called Canada Pension Plan Investment Board. Althouth this is a Canadian Crown corporation, which was founded in 1997, is not considered a sovereign wealth fund because Canada Pension Plan Investment Board acts on her own regardless of the Government of Canada.
Their task is to invest in interested projects of Canada Pension Plan contributors and beneficiaries and maximize the return on investment without any critical risk of loss. I think their job is very useful for Canadians because it helps provide a foundation for generations of Canadians to build their financial security in retirement.
I know that in Canada people who are at the age 65, will receive a maximum pension of $ 934.17 each month. But it depends on their work experience in Canada and also they take into consideration their number of labor contributions, as volunteering and community service; between the ages of 18 and 65.
In my opinion, for Canadians retirement with Canada Pension Plan Investment Board is a new stage in life.