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Am I required to divide my pension with my ex? May 25th
Am I required to divide my pension with my ex? If I do divide it, how will it affect my pension when I retire?
FPAC responds:
Under the Canadian rules that govern the division of property between married couples who separate, you are required to equally split all assets grown and contributed t.... More »
Twelve TSX stocks that could help defend against a possible correction + MORE Oct 5th
We look for sustainable dividends from companies ready to defy any cool-down in the Toronto stock market
.... More »
Canadian fund managers lag on tackling climate-change risks: survey + MORE May 3rd
Canadian investment funds collectively rank 11th in global survey when it comes to managing climate-change risks
.... More »
Sherritt seeks extension on $720-million in debt to weather downturn + MORE May 31st
Company says a three-year delay would treat all noteholders fairly and provide greater financial stability as it weathers a period of weak commodity prices
.... More »
Asian stocks leap as fears ease over British vote on EU + MORE Jun 20th
HONG KONG – Most Asian stock markets jumped Monday as polls suggest British voters will choose to remain in the European Union in a referendum this week, easing investor worries about a possible “Brexit.”
KEEPING SCORE: Japan’s benchmark Nikkei 225 index surged 2.3 per cent t.... More »
The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), says it is considering making a takeover offer for the London Stock Exchange (LSE).
Valeant CEO’s falling fortunes tied to company’s own tumble
– theglobeandmail.com
Michael Pearson has seen his wealth erode along with many of his shareholders
CPP pension splitting after a divorce
– moneysense.ca
Q: I am currently separated and I would also like to apply for the CPP benefit split. How much more CPP would I get doing this? How do I find out?—Leona
A: CPP pension splitting is available to spouses who are applying to receive the Canada Pension Plan as a means to equalize their retirement incomes. But even those with former spouses should be aware of how they can proactively ensure that they are getting the CPP benefits that they deserve.
Contributions that were made by you and your former spouse while you were living together may be eligible to split and may result in an increase in your pension if you contributed less than your spouse during those years, Leona. In much the same way assets may be split in the event of a marriage breakdown, future pension entitlement–whether a private pension or the CPP–are also relevant for purposes of a post-marriage equalization.
Ask a Planner: Leave your question for Jason Heath »
The relevant period of cohabitation for purposes of the pension split does not include:
– when one of you was younger than age 18;
– when one of you was older than age 69; or
– when one of you was already receiving the CPP retirement pension…
Maple Leaf Foods boosts profit, raises dividend
– thestar.com
Maple Leaf Foods (TSX:MFI) ended 2015 with a $41.6-million profit for the full year, mostly from its fourth quarter, and will raise its quarterly dividend by 12.5 per cent.BoC warns of email scams claiming to come from bank
– moneysense.ca
OTTAWA – The Bank of Canada is issuing a warning about email and social media scams that are claiming to come from the bank.
Canada’s central bank says the scams are using its logos and letterhead without authorization and misrepresenting it.
The Bank of Canada says it does not accept deposits from individuals or on behalf of them, nor does it collect personal or financial information from individuals through email.
Beware of CRA phone scam »
The central bank also does not request personal or financial information through social media messaging applications.
The Bank of Canada says if you have concerns about any Internet-based communication that purports to be from the bank, you should delete the message and contact your local authorities.
It warns not to follow any links included in the message and instead access the Bank of Canada’s website by typing the address yourself.
The post BoC warns of email scams claiming to come from bank appeared first on MoneySense.
Canada’s central bank says the scams are using its logos and letterhead without authorization and misrepresenting it.
The Bank of Canada says it does not accept deposits from individuals or on behalf of them, nor does it collect personal or financial information from individuals through email.
Beware of CRA phone scam »
The central bank also does not request personal or financial information through social media messaging applications.
The Bank of Canada says if you have concerns about any Internet-based communication that purports to be from the bank, you should delete the message and contact your local authorities.
It warns not to follow any links included in the message and instead access the Bank of Canada’s website by typing the address yourself.
The post BoC warns of email scams claiming to come from bank appeared first on MoneySense.
