Amend pension, RRIF rules: CD Howe
Rules regarding pension, RRSP contributions and RRIF withdrawals should change with the times, says think tank report.
Rules regarding pension, RRSP contributions and RRIF withdrawals should change with the times, says think tank report.

Knowing the difference between a DB and DC pension can make a big difference when it’s time to retire.
Provinces drop insistence on expanded CPP, back Pooled Registered Pension Plans.
Reforms aim to beef up defined-benefit funds.
Over pension shortfalls keep rising.

How much is a good pension worth? More than you’d think. Middle class civil servants John and Susan have never made more than $100,000 each, yet their combined pensions will be worth more than $3 million.

Likely to see spending restraint and lack of tax breaks.

Thirty years ago, almost a third of workers had a great pensions. Now only 16% do. You will likely have to do without. Can you afford to retire without one?

What were the most important stories of the year?
Your pension may be your largest financial asset. But few of us understand how pensions work. Here’s a 10-minute guide to what you must know.