We are currently working directly with RBC to correct an issue where some EFT payments were rejected as a result of RBC's enhanced security checks.
One positive to arise from the global pandemic is the engaged approach taken by the younger generations when it comes to retirement savings.
Generation Z (ages 18-23) and Millennials (ages 24-40) often are labelled as poor money managers. They’re saddled with debt – student loans, car payments and other self-inflicted debts - and have little concern with paying it off.
That’s not an ideal recipe for a comfortable retirement.
Though the widespread uncertainty precipitated by the ongoing pandemic may have helped shift a focus on saving and spending habits.