Employers in Canada are expecting salaries to rise by an average of 2.5% in 2016, according to Morneau Shepell’s annual Trends in Human Resources survey. This is down from the average 2.8% salary increase expected for 2015, as reported in last year’s survey. The average includes expected salary freezes. Read: Making the best use of […]
The 11 million Americans who receive Social Security disability face steep benefit cuts next year, the government said Wednesday, handing lawmakers a fiscal and political crisis in the middle of a presidential campaign.
Donald Trump is collecting a US$110,228 pension from the Screen Actors Guild, Bloomberg News reports.
While most DC plan sponsors view retirement as the end of their relationship with their employees, some plan sponsors are taking an alternate approach by extending their DC retirement program to include a decumulation option.
Today’s retirees are in a good place, but pre-retirees aren’t getting the help they need
How can employers offer a better, more efficient DC plan?
Decumulation is a critical issue for DC plan members, since the decisions they make during that stage can have a significant impact on their income. “There is a fundamental fact that whatever you do at the time of decumulation, that decision has twice as much effect on your retirement income than all the things you’ve […]
Worried about your DC plan members outliving their savings? Take a closer look at your decumulation options.
There weren’t many surprises in the 2015 federal budget, which includes changes to TFSA contribution limits and the amount seniors will be required to withdraw from registered retirement income funds (RRIFs).
Here's a review of people on the move in March 2015.