Pensions

Enhanced CPP option on the rocks

Federal Finance Minister Jim Flaherty appears set to discard the option of enhancing the Canada Pension Plan, heading into the meeting with his provincial counterparts in Kananaskis, Alberta. Last week Flaherty proposed a private sector solution to Canada’s future retirement funding crisis, which would allow workers without a pension plan to contribute to a pooled […]

By Steven Lamb |December 20, 2010

1 min read

Retirement income gap to widen: CD Howe

One in six retirees are currently without the financial resources to replace three-quarters of their pre-retirement consumption, the amount often used as the basis of retirement planning. That number is expected to increase to at least two in five over the next 40 years, according to a study released today by the C.D. Howe Institute. […]

By April Scott-Clarke |December 17, 2010

2 min read

Flaherty releases draft retirement funding proposal

Only days before federal and provincial finance ministers converge in Kananaskis, Alta., Finance Minister Jim Flaherty has released a draft framework for pooled registered pension plans (PRPPs).

By April Scott-Clarke |December 16, 2010

3 min read

Briefly: “IIROC disciplines software provider” and more news

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Dale Richard Wells engaged in business conduct unbecoming or detrimental to the public interest when he acted in the role of an advisor without being registered as one. The panel’s full Reasons for Decision are available on the IIROC website. […]

By Staff |November 11, 2010

4 min read