{"id":1112,"date":"2016-03-07T16:30:11","date_gmt":"2016-03-07T16:30:11","guid":{"rendered":"http:\/\/wdsinvest.com\/?p=1112"},"modified":"2017-01-23T22:43:02","modified_gmt":"2017-01-23T22:43:02","slug":"test-your-retirement-literacy","status":"publish","type":"post","link":"https:\/\/wdsinvest.com\/fr\/test-your-retirement-literacy\/","title":{"rendered":"Test Your Retirement Literacy"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p>We live in a world with increasing complexities and growing demands on our money. No wonder the Government of Canada and policy makers are focused on financial literacy to improve the well-being of Canadians. In general, we consider ourselves to be financially savvy, but plenty of studies&#8211;with alarming results&#8211;show there is room for improvement.<\/p>\n<p>A <a href=\"https:\/\/newsroom.bmo.com\/press-releases\/bmo-poll-contributions-remain-high-but-canadians-tsx-bmo-201602021041515001\">2016 BMO Bank of Montreal Poll<\/a> on the basics of a Tax Free Savings Account (\u201cTFSA\u201d) revealed that even though 17 per cent of respondents say they are \u201cvery knowledgeable\u201d, only 3 per cent were able to correctly answer eight basic true or false questions. Further, the <a href=\"http:\/\/www.statcan.gc.ca\/daily-quotidien\/141106\/dq141106b-eng.htm\">Canadian Financial Capability Survey, 2014<\/a> conducted by Statistics Canada found that only 8.7 per cent of men and 5.5 per cent of women considered themselves \u201cvery knowledgeable\u201d financially. Contrast that to 17.3 per cent and 23.1 per cent of men and women, respectively, who self-identified as \u201cnot very knowledgeable\u201d when it comes to their level of financial knowledge.<\/p>\n<p>To promote and advance financial literacy among various segments of the population, the Federal government created the Task Force on Financial Literacy, with Canada\u2019s first <a href=\"http:\/\/www.fcac-acfc.gc.ca\/Eng\/financialLiteracy\/financialLiteracyCanada\/Pages\/Leader-Chef.aspx\">Financial Literacy Leader<\/a> appointed in 2014. <em>National Strategy for Financial Literacy \u2013 Count me in, Canada<\/em> supports our government\u2019s goal that all Canadians have the knowledge, skills and confidence to make responsible financial decisions. Since 2014 many worthwhile initiatives have begun with different public, non-profit, and private sector organizations mobilizing efforts towards the same vision.<\/p>\n<p>The <a href=\"http:\/\/retirementliteracy.acpm.com\/\">ACPM (The Association of Canadian Pension Management) Retirement Literacy<\/a> web site is one such initiative. This site is designed to strengthen the retirement income readiness of Canadians and their families.  It differs from other available resources by utilizing quizzes that are designed to improve the users\u2019 familiarity with terminology, while increasing retirement subject-matter knowledge. So, if you have ever wondered how you fare when it comes to your retirement literacy \u2013 maybe its time to take a quiz!<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"We live in a world with increasing complexities and growing demands on our money. No wonder the Government of Canada and policy makers are focused on financial literacy to improve the well-being of Canadians. In general, we consider ourselves to be financially savvy, but plenty of studies--with alarming results--show there<span class=\"excerpt-hellip\"> [\u2026]<\/span>","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1112","post","type-post","status-publish","format-standard","hentry","category-miscellaneous"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Test Your Retirement Literacy - Watson Di Primio Steel (WDS)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wdsinvest.com\/fr\/test-your-retirement-literacy\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Test Your Retirement Literacy - 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