A new survey of businesses from the Ontario Chamber of Commerce shows that the implementation of the Ontario Retirement Pension Plan (ORPP) could have negative consequences for employment in Ontario.
More than three-quarters (78%) of Ontario companies are likely to reduce contributions under their existing workplace plans with the introduction of a mandatory Ontario Registered Pension Plan (ORPP), according to an Environics survey commissioned by the Canadian Life and Health Insurance Association (CLHIA).
Middle-class Canadians have the most work ahead of them to save for retirement.
By 2017, all employees could have access to the Ontario Registered Pension Plan.
If clients aren’t prepared to live past age 90, they risk running out of money
Government's recent ORPP paper suggests current pension plans won't be "comparable."
The Government of Ontario has released a consultation paper on the Ontario Retirement Pension Plan.
The Ontario Retirement Pension Plan will be implemented in about two years.
The QWeMA Group, a division of CANNEX, has patented its method for determining optimal retirement portfolio withdrawal rates in the face of longevity risk.
CRA's announced the maximum pensionable earnings under CPP for 2015.