Home Monica Townson

The Ontario government has stirred up a hornet’s nest with its plan to change the governance structure of the massive Ontario Municipal Employees Retirement System.Municipal governments that employ members of the pension plan claim the new rules will be so costly for them that property taxes will go up by an average of 3%. The […]

  • February 16, 2006 February 16, 2006
  • 13:18

Even though some experts say concerns may be overstated, the vast majority of Canadians are worried about a pension underfunding crisis in this country.According to a survey conducted by the Conference Board of Canada in September 2005, four out of five Canadians are concerned that there is a pension underfunding crisis in Canada. Of the […]

  • January 4, 2006 January 4, 2006
  • 10:41

Advisors may want to develop a relationship with a tax specialist who can help clients moving to Canada from U.S.

  • November 2, 2005 November 2, 2005
  • 12:14

Advisors can help clients take advantage of tax-planning opportunities by picking right fund type

  • November 1, 2005 November 1, 2005
  • 15:27

Pension management group says major reform is needed to bring DB pension plans “back from the brink”

  • September 29, 2005 September 29, 2005
  • 11:47

A new study by Statistics Canada shows seniors get dinged on some items, yet they save in areas that younger people don’t

  • August 30, 2005 August 30, 2005
  • 11:06

If there’s one thing that can be said about retirement, it’s that it’s getting longer and longer. A new report from HSBC Bank Canada on the future of retirement around the world says in 1900, the average length of retirement throughout the world was just over one year. By 1980, it had risen to 13 […]

  • June 1, 2005 June 1, 2005
  • 12:44

Individual pension plans provide more income and tax savings for some entrepreneurs and professionals

  • May 3, 2005 May 3, 2005
  • 14:42

Pension plan sponsors will almost certainly face higher costs as a result of last year’s market meltdown. Plan surpluses may now be a thing of the past and many companies will have to put more money into their plans to make up for market shortfalls. Are future pensions at risk? Canadian observers may want to […]

  • August 22, 2002 August 22, 2002
  • 11:27