Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement.
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Stock news for investors: Groupe Dynamite and Empire Co. release earnings + MORE Jun 20th
Here’s a round-up of news for Canadian investors this week.
Groupe Dynamite
Empire Co.
Featured RRSP Accounts
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EQ Bank
Build your retirement savings with 2.00% interes.... More »
What to consider before transferring RRSP money to a company pension plan + MORE Jun 8th
Q. A few years ago, I joined a public sector employer with a hybrid defined-benefit, minimum-guarantee pension plan that will allow me to move RRSP contributions made elsewhere, into the employer’s plan.
I have been told that the transferred money would have to remain locked-in until I retire or l.... More »
How does age affect life insurance rates? + MORE Sep 14th
Most of us go through life assuming we’ll reach a ripe old age—and that’s fair, because most of us do. But if you have dependents, it’s wise to protect them from the financial fallout of your death—even if you’re still young and healthy—by getting life insurance. Your age is a pretty b.... More »
CPP payment dates in 2026, and more to know about the Canada Pension Plan Jan 3rd
In Canada, most retirement plans include the Canada Pension Plan (CPP). Whether retirement is just around the corner or still years away, CPP is likely to form part of your retirement income. How much you receive depends on factors such as your earnings history, contributions, and when you start col.... More »
How women can start investing + MORE May 16th
Maybe you’re making a little more money these days and are curious about where to put it. Or maybe you’ve reached the age where you need to start, seriously, planning for retirement. Either way, we’re happy you’re here. The time for women to start investing is yesterday, or at least, right n.... More »
Bill C-27 could mean changes for DB pensions
– moneysense.ca
Last April, the Department of Finance unveiled Bill C-27 on pension reform and it’s been winding its way through the House of Commons. Lately, it’s been getting a bit of interest because some parties see it as a threat to much-loved Defined Benefit (DB) pension plans. Most at risk are the envied and resented gold-plated DB pension plans for federal government workers. Here’s what you need to know as interest in Bill C-27 starts picking up steam.
What is Bill C-27?
Bill C-27 is an Act to amend the long-standing Pension Benefits Standards Act. Those in favour of pure Defined Benefit (DB) pension plans (mainly federal employee unions) have criticized Bill C-27, saying it would allow federally regulated employers to replace DB plans, which provide a guaranteed retirement income for life, with Target Benefit Plans (TBPs), which don’t make such lavish, iron-clad promises but still provide great pensions.
What happens if it’s passed into law?
It would allow federally regulated private sector and Crown Corporation employers to offer a TBP to their employees, or to convert an existing DB pension plan into a TBP…
What is Bill C-27?
Bill C-27 is an Act to amend the long-standing Pension Benefits Standards Act. Those in favour of pure Defined Benefit (DB) pension plans (mainly federal employee unions) have criticized Bill C-27, saying it would allow federally regulated employers to replace DB plans, which provide a guaranteed retirement income for life, with Target Benefit Plans (TBPs), which don’t make such lavish, iron-clad promises but still provide great pensions.
What happens if it’s passed into law?
It would allow federally regulated private sector and Crown Corporation employers to offer a TBP to their employees, or to convert an existing DB pension plan into a TBP…
Student-Made Adidas Ad Will Make You Feel Something Real
– walletpop.ca
Some commercials do a great job at pulling at our heartstrings, and although this one won’t be aired anywhere, it still will make you feel something real.
In a student-made ad for Adidas uploaded on YouTube in December, the video tells the tale of a lonely elderly man who was once a happy marathon runner. Now living in a retirement home with closed doors, all this man wants to do is break free (in his Adidas shoes, naturally).
“We tried sending it to [Adidas’] communications department but they didn’t really react,” German student Eugen Merher of Filmakademie Baden-Württemberg told The Huffington Post.
Real or not, the story created by the 26-year-old is not only relatable, it’s so relatable it hurts.
Watch the full video above. — This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
