Recordkeepers’ Role in Providing Emergency Savings for an Inclusive Recovery

In this webinar, Commonwealth in partnership with DCIIA Retirement Research Center (RRC) and SPARK Institute present findings from our new research about drivers and considerations of recordkeeper-provided emergency savings and host a discussion with industry experts.

Ageing and Financial Inclusion: 8 key steps to design a better future

The G20 Fukuoka Policy Priorities for Ageing and Financial Inclusion is jointly prepared by the GPFI and the OECD. The document identifies eight priorities to help policy makers, financial service providers, consumers and other actors in the real economy to identify and address the challenges associated with ageing populations and the global increase in longevity. They reflect policies and practices to improve the outcomes of both current generations of older people and future generations.



Running in Place: Why the Racial Wealth Divide Keeps Black and Latino Families From Achieving Economic Security

This report examines data from the Federal Reserve System’s 2016 Survey of Consumer Finances to understand how the wealth of median Black, Latino and White families have changed since the findings of its previous survey were released in 2013.



The Perils of Living Paycheque to Paycheque

This report, 'The Perils of Living Paycheque to Paycheque: The relationship between income volatility and financial insecurity', examines the relationship between income instability and broader measures of financial well-being.  

This study makes use of a unique dataset that collected self-reported month-to-month volatility in household income, measures of capability, financial knowledge and psychological variables.

One in three adult Canadians reported at least some volatility in their monthly incomes, with six per cent reporting that the source and amount were both uncertain. Income volatility is present across a wide swath of the survey respondents, regardless of gender, family status, region of the country, education level and even income sources. Income volatility is correlated with lower financial knowledge, lower financial capability, and stronger beliefs that financial outcomes are up to fate and outside of personal control.



Strengthening retirement security for low- and moderate-income workers

In this video presentation Johnathan Weisstub from Common Wealth discusses recent improvements in senior Canadians' poverty levels due to benefits such as OAS and GIS, and the challenges that still remain in ensuring retirement security for modest-earning and low-income Canadians. 

This presentation was given at the Prosper Canada Policy Research Symposium on March 9, 2018.

Read the slide deck that accompanies this presentation.

View the full video playlist of all presentations from this symposium.



An Evaluation of the Impacts and Implementation Approaches of Financial Coaching Programs


Increasing interest in the role that consumer-focused policy interventions can play in improving economic outcomes has led to a host of intervention models in recent years. Financial coaching has emerged as one prominent model in this field, aimed at improving consumer financial outcomes by using regular one-on-one sessions to set goals and plan concrete steps to meet and manage those goals over time. Unlike counseling, coaching takes a client-driven approach; instead of focusing on solving particular problems, the coach provides a framework for the client to meet his or her goals.




Responses to and Repercussions from Income Volatility in Low- and Moderate-Income Households: Results from a National Survey


This is the second in a series of briefs produced by a partnership between the Aspen Institute’s Expanding Prosperity Impact Collaborative (EPIC), Washington University’s Center for Social Development (CSD), and the Intuit Tax and Financial Center. The first brief highlighted new data on the prevalence of income and expense volatility in low- and moderate-income households. This brief will focus on the potential consequences of volatility and how it relates to financial behavior.



Poverty Trends Scorecard – Fact Sheet Series – Income, Wealth, and Inequality

The Monthly Stress-Test on Family Finances

Pre-Budget Tour: The State of the Middle Class

Investments in Registered Education Savings Plans and Postsecondary Attendance

Workplace Financial Education’s Effects on Retirement Planning

Do State Earned Income Tax Credits Increase Participation in the Federal EITC?

Integrating Financial Capability Services into Community Health Centers

Small-Dollar Credit – Protecting Consumers and Fostering Innovation

The fall and rise of Canada’s top income earners

Equitable Investments in the Next Generation: Designing Policies to Close the Racial Wealth Gap

Out of the Shadows: Shining a light on Canada’s unequal distribution of federal tax expenditures

Towards a Poverty Reduction Strategy

Where have all our nest eggs gone?

Income Gains and Month-to-Month Income Volatility: Household evidence from the US Financial Diaries

The USFD Methodology – The financial lives of low-and moderate-income Americans

The Opportunity Equation: Building opportunity in the face of growing income inequality

Caught in the Middle: Some in Canada’s Middle Class Are Doing Well; Others Have Good Reason to Worry

Health Check: Low-income Household Finances in Canada

Weathering Volatility: Big Data on the Financial Ups and Downs of U.S. Individuals

A Toolkit for the evaluation of financial capability programs in low- and middle-income countries

Small-Dollar Children’s Savings Accounts, Income, and College Outcomes

The Financially Striving: How 16% of Americans Are Working Toward Better Financial Lives

Recent Trends in the Variability of Individual Earnings and Household Income

A New Framework for Achieving Household Financial Security

Getting a Head Start on Financial Security

Family Strengthening Through Integration and Scaling of Asset-Building Strategies

Does Community Access to Alternative Financial Services Relate to Individuals’ Use of These Services? Beyond Individual Explanations