After a year of economic uncertainty, Canadians remain committed to investing and saving for retirement but they appear to be taking a more cautious approach, new Investors Group research reveals.

According to the eighth annual RRSP Investment Intentions poll, Canadians' investment intentions remain strong.

Sixty eight per cent of those who plan to contribute to their RRSP for the 2009 tax year intend to contribute the same or more than they did last year. Of the one-quarter of Canadians who opened a Tax-Free Savings Account in 2009, 81 percent say they plan to invest the same amount or more in 2010.

Canadians who own or plan to start an RRSP appear to be investing a little more conservatively than in previous years. Forty four percent said they would choose what they consider to be safe investments this RRSP season, a slight increase over 40 per cent in 2008, but a sharp increase from only 19 per cent in 2007.

More than one-quarter of pre-retirees say they are investing more cautiously in response to economic uncertainty compared to 21 per cent who said the same a year ago. As well, 38 percent are staying the course and making no changes compared to 46 per cent in 2008.