DC Plan

Ontario Retirement Pension Plan: Who Will Get to Participate?

Ontario Retirement Pension Plan: Who Will Get to Participate?

In early December, the Ontario government tabled legislation to create the new Ontario Retirement Pension Plan. This was followed by a Consultation Paper asking interested parties to comment on proposed design elements of the plan by February 13, 2015. In the 2014 Ontario Budget, the Liberal government said those already participating in a comparable workplace pension plan would not be required to... »

Employers can do more to negotiate lower fees for retirees

Employers can do more to negotiate lower fees for retirees

When employees retire, their defined contribution pension plan will not pay them a pension. By age 71 at the latest, their investments will be liquidated and unless they purchase a life annuity, they will have to figure out how to make the lump sum transferred to their personal locked in retirement account, life income fund or registered retirement income fund last for the rest of their life. If m... »