Pension Financial Results – News on Your Pension Sustainability

(April 21, 2015) How safe is the value of your house as a vehicle for retirement income? According to financial author and speaker Garth Turner, “if you’re buying real estate now, you’ll hate yourself later,” writes Robert Baillieul at The Motley Fool. Garner, writes Baillieul, warns that even a small correction...

“That’s kind of inevitable with the trend towards DC. They are going to be outliving their benefits, and they are going to turn to the payer of last resort, which is government. It’s a ticking time bomb in our economy … it is a huge public policy issue facing the entire developed world.” – Mike...

Upping the annual contribution limit for the Tax Free Savings Account (TFSA) to $10,000 from $5,500 will “provide Canadians with an opportunity to accumulate tax-free savings at a significantly higher rate over the course of their adult years,” writes Karen Tarbox at Benefits Canada. However, according to the 2015...

(April 24, 2015) OPTrust, which administers the OPSEU Pension Plan for more than 86,000 members and retirees, reported 2014 investment returns of 12 per cent, net of external management fees. In doing so the plan outperformed its benchmark return of 6.2 per cent, increasing its assets to $17.5 billion by the end of...

April 25, 2012 – The Healthcare of Ontario Pension Plan (HOOPP) is receiving kudos for its 2011 return on investment, however the success didn’t happen overnight, says HOOPP President & CEO Jim Keohane. Rather, a success like last year’s 12.19 investment return is the result of an investment approach and structure 10...