Things To Consider When Retiring From A Business You Own
For years, you've worked hard by putting in long hours and building up your business. You've felt a sense of satisfaction, knowing that your hard work has led to your […]
Favorite
Offer Your Employees Twice The Retirement Income
The competition for top talent is fierce. Give yourself a hiring advantage by offering a pension plan that pays employees more money in retirement. THE NUMBERS DON'T LIE Research has shown that […]
Favorite
FSRA Proposes Interpretation Level Guidance On Pension Benefits Guarantee Fund Assessment Calculations And Deadlines
On February 14, 2022, the Financial Services Regulatory Authority of Ontario (FSRA) proposed guidance on: the acceptable valuation dates for actuarial valuation reports used to calculate a Pension Benefits Guarantee […]
Favorite
Is Asking an Older Employee About Retirement Discrimination? – Ask The Expert
It depends on how you ask and what you do after the employee responds. QUESTION One of our senior employees is approaching the age where people typically at least start thinking about […]
Favorite
Asking Senior Employee about His Retirement Plans Isn’t Age Discrimination
When his manager asked him when he was going to retire, a 65-year-old sales rep replied that he didn’t know. Three weeks later, the manager repeated the question and told […]
Favorite
Employee Resignation Procedure
Resignation procedures can prevent surprises, employment standards violations and constructive dismissal. Establishing procedures for voluntary resignation can minimize surprises and the disruption of resignations, ensure compliance with employment standards violations and […]
Favorite
Temporary Layoff Rules Across Canada – Know The Laws Of Your Province
Temporary business slowdowns and short-term financial challenges may force you to let go of employees you really want to keep. Layoffs are also expensive because you have to shell out […]
Favorite
Spousal Waiver of Survivor Pension Benefits Checklist
PROBLEM: Determining who’s entitled to pension plan survivor benefits of a dead plan member (or former member) is complicated. Regardless of who plan members designate as their beneficiary, you must figure […]
Favorite
We’re Living Longer
Living longer lives means Canadians might need more retirement income for the long run. Find out more about retirement and lifespan statistics in the infographic below.
Favorite
Who’s the Spouse Entitled to the Survivor Pension?
SITUATION F. Ivora Richman marries Ida Furst in 1970. They split up in 1990 but never get a divorce. Richman moves in with his girlfriend, Carman Law, in 1992 and they […]
Favorite