Posts by: John Devine

Owners of small businesses can help solve the retirement crisis by offering their employees retirement plans, going “old school” in the process, writes Winnie Sun for Nerd Wallet. An absence of retirement plans offered by small business contributes to a lack of adequate retirement income, as most workers don’t...

The federal government has introduced a bill to create the proposed infrastructure bank, writes Paul Wells for MacLean’s. One of the Liberals’ “biggest and most poorly understood projects,” the proposal involves $35 billion in “seed money” from the government, with the hope of attracting hundreds of billions more from...

While institutional investors, like Canada’s large pension plans,  incorporate sustainability goals into their investment decisions, corportate pension plans lag behind, according to two global groups advocating for sustainable development. Writing for Investments & Pensions Europe (IPE), Susanna Rust reports that...

The Canada Pension Plan Investment Board (CPPIB) is selling one of the world’s leading aircraft leasing companies to Dubai Aerospace Enterprise. Along with co-investor Terra Firma, the board is selling Dublin-based AWAS, which has 87 airline customers in 45 countries. The aircraft lessor was acquired by CPPIB and...

Anyway you slice it, the news is bad for retirees of five American union pension plans asking for the OK from the federal government for rescue plans to stave off bankruptcy. Without that approval, the plans “are heading toward bankruptcy in the next 20 years,” writes Bill McMorris for the Washington Free...

When it comes to debt, there is no deficit in reporting the economic woes owing money brings to Canadians, writes Scott Terrio for MacLean’s. “On any given day now you can expect to hear at least one economist, public official or financial commentator express grave concern about the mountain of debt Canadians now carry....

Money woes contribute to the delay of “a major life event” according to new research, posted to Digital Journal. The results of the 2017 MFS Heritage Planning Survey show financial considerations cross generational lines, with six in ten investors saying they have put off a significant life event due to their finances;...