The ORPP is “a harebrained idea,” according to Dr. Jack Mintz, economist and fellow at the University of Calgary. Speaking at the 2015 Portfolio Management…
Before 2014, Harry Rosen Inc. frequently held DC plan education sessions, but these were not mandatory and therefore not well attended by employees.
The deficit racked up by the U.S. federal agency that insures pensions for about 40 million Americans has increased 23% to $76.4 billion over the…
The former head of an Oregon-based chain of retirement centres was sentenced by a federal judge on Tuesday to 15 years in prison for defrauding…
Baby boomers are saying they plan to work longer. This can be good or bad news. Many companies can benefit from keeping their mature workers…
Five major Canadian pension funds lost $2.4 billion during the last half of 2014 as a result of investing in fossil fuel assets, thestar.com reports.…
The Canada Revenue Agency recently announced that the maximum pensionable earnings under the Canada Pension Plan for 2016 will be $54,900, up from $53,600 in…
Finance Minister Bill Morneau will be meeting with his provincial and territorial counterparts as soon as possible to start working on increasing the CPP benefit,…
Many Canadians don’t know how much they will need to save for retirement on their own and to what extent they should rely on government…
Many Canadians in their late 40s and early 50s have large amounts of debt and little savings for retirement, CBC reports. On top of that,…
The federal department in charge of retirement benefits has quietly been reviewing its protocols amid concerns that military spouses were wrongfully being rejected for old…
Edwin Cass, senior vice-president and chief investment strategist for the Canada Pension Plan Investment Board (CPPIB) spoke about the pension fund’s investment framework at the…
It doesn’t take much to make a B.C. registered pension plan (or a plan registered in another provincial jurisdiction with B.C. members) quickly become non-compliant…
With the snowballing shift from DB to DC pension plans over the last decade or two, Canadians have grown more accustomed to owning responsibility for…
After opening an office in Mumbai in late October, The Canada Pension Plan Investment Board (CPPIB) will now invest $2 billion in affordable housing in…
Canada Pension Plan Investment Board (CPPIB) is expanding its investments in the United States, including a US$350-million real estate deal. The transaction will give the…
Ontario Premier Kathleen Wynne says the first conversation she wants to have with Justin Trudeau once he’s sworn in as prime minister will be about…
Notwithstanding a possible Liberal majority in next week’s federal election, and the idea that it would “negate” the need for an Ontario Retirement Pension Plan…
Note: This story was written before Premier Kathleen Wynne announced Tuesday that her government would drop the Ontario Retirement Pension Plan if the Liberals win…
It seems adults haven’t forgotten their childhood piggy bank. According to an Aviva survey, one in 10 U.K. adults use the porcine friend to save…
Canada’s federal government has threatened to take U.S. Steel Canada to court if it it doesn’t keep its promises to pensioners, The Hamilton Spectator reports.…
Many cheered when the federal government lowered the minimum RRIF withdrawals in the 2015 budget, reports Advisor.ca.
The underfunding the QPP saw during its early years offers lessons for the upcoming Ontario Retirement Pension Plan (ORPP)—as well as for a potentially expanded…
The annual contribution room for tax-free savings accounts (TFSAs) recently went up to $10,000, which means Canadians can now use them to build real wealth,…
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.