News Releases

TORONTO, ONTARIO--(Marketwire - Jan. 10, 2012) - North American financial markets experienced significant volatility in 2011, with the S&P/TSX Composite Index falling by more than 11 per cent while the Dow Jones Industrial Average rose more than five per cent. Market instability has created some additional uncertainty for those both north and south of the border who are saving for retirement-whether through a Canadian Registered Retirement Savings Plan (RRSP) or an American 401K.

So how do Canadians and Americans feel about their ability to save for retirement effectively?

WHAT:

Media representatives are invited to dial in to a panel conference call featuring BMO Canadian and U.S. experts, who will share results from a new cross-border survey on retirement as well as their views on a variety of topics, including:

• Which country's residents are more financially prepared for retirement and why?
• Are volatile markets causing Canadians and Americans to delay retirement?
• What is the current sentiment regarding retirement in Canada and the U.S.? Who is more optimistic?
• How can investors insulate themselves against volatility when saving for retirement?
• What should Canadians and Americans keep in mind when developing a retirement savings plan?

WHO:

• Tina Di Vito, Toronto, Head, BMO Retirement Institute, and author of 52 Ways to Wreck Your Retirement… and How to Rescue It
• Todd Perala, Milwaukee, Director, Relationship Management, BMO Institutional Trust Services

WHEN:

Thursday, January 12, 2012 at 10:30 a.m. ET

WHERE:

Media are invited to participate through conference call: (416) 641-2144 or toll-free at 1-866-696-5910

Participant Passcode: 4706558

Please contact us at 416-867-3996 to confirm attendance or if you have any questions.