Life income funds – Investment Executive

Pension regulators unveil new guidance

jameslangton — Tue, 10 Sep 2024 19:02:22 +0000

CAPSA replaces 2004 guideline, consolidates risk management guidance

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Loosening the lock on nationally regulated LIFs

Jean-Marc Jutras — Wed, 15 Oct 2008 13:24:00 +0000

Feds follow lead of some provinces, which offer much more access to money; rules vary from province to province

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Improvements to LIFs now in effect

noelja — Thu, 08 May 2008 20:30:00 +0000

Changes give Canadians more financial flexibility

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Budget loosens rules for LIF withdrawals

noelja — Tue, 26 Feb 2008 21:31:00 +0000

LIF holders now have three options to get at their money

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Ontario Conservatives promise to unlock Life Income Funds

noelja — Thu, 05 Jul 2007 19:45:00 +0000

CARP and the Ontario Coalition of Independent LIF-Holders applaud PC leader John Tory’s announcement today that, if elected, a PC government will allow Ontarians to unlock 100% of their Life Income Funds (LIFs) – half at age 55 and the full amount at age 65. The two organizations say they fully support this policy that […]

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Seniors gain more flexibility with LIFs

noelja — Wed, 04 Oct 2006 15:50:00 +0000

Ottawa removes requirement to convert federally regulated LIFs to life annuities at age 80

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Budget 2005: Ottawa removing requirement to collapse LIFs at age 80

noelja — Wed, 23 Feb 2005 21:55:00 +0000

In today’s budget, Ottawa proposes removing the requirement to collapse life income funds at age 80 for former employees of federally regulated industries, such as banks, federal crown corporations and telecommunication companies.Present regulations of the federal Pension Benefits Standards Act stipulate that locked-in RRSPs must be converted into LIFs when the beneficiary reaches age 69. […]

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Budget 2005: Ottawa sweetens senior’s benefits by $2.7 billion

noelja — Wed, 23 Feb 2005 21:50:00 +0000

Monthly GIS benefits to climb

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