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Pension

Hong Kong’s MPF bounces back with 3.5% annual gain, the first since 2020, as pension scheme adds US$4.8 billion in value

by Ron Morgan
Hong Kong’s MPF bounces back with 3.5% annual gain, the first since 2020, as pension scheme adds US.8 billion in value

“Encouraging late-year inflation readings and the foreshadowing of lower US interest rates helped the MPF system achieve its first positive annual return in three years,” said Francis Chung, MPF Ratings …

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The federal government increased her disability payment. Then Nova Scotia reduced it by the same amount

by Akin Smith
The federal government increased her disability payment. Then Nova Scotia reduced it by the same amount

When Trudy Goold received a cost-of-living increase to her Canada Pension Plan disability payments earlier this year, she felt a sense of relief. But it didn’t last long.  The increase …

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Seniors spend thousands on dental work, suffer in pain or wind up in ERs. Will Canada’s plan help?

by Akin Smith
Seniors spend thousands on dental work, suffer in pain or wind up in ERs. Will Canada’s plan help?

Debilitating toothaches. Tens of thousands of dollars in out-of-pocket dental bills. Trips to the emergency room — and even stays in intensive care to treat life-threatening infections. Those are among …

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Canada’s new dental-care plan could impact nearly 9 million Canadians — are you one of them?

by Akin Smith
Canada’s new dental-care plan could impact nearly 9 million Canadians — are you one of them?

The federal government unveiled details about its highly anticipated Canadian Dental Care Plan (CDCP) earlier on Monday.  The CDCP is a $13-billion insurance program that will start covering most basic …

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Albertans should want to stay in Canada Pension Plan, investment head says

by Vera Ward
Albertans should want to stay in Canada Pension Plan, investment head says

The head of CPP Investments says Albertans will only benefit from staying in the Canada Pension Plan, arguing the safety and security of a national plan is “indisputable.” CEO John …

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Exclusive: AllianzGI bullish on China as ‘high-quality growth’ will create wealth management demand, CEO Tobias Pross says

by Anas Siddiqui
Exclusive: AllianzGI bullish on China as ‘high-quality growth’ will create wealth management demand, CEO Tobias Pross says

German fund manager Allianz Global Investors (AllianzGI) is bullish on its outlook in Hong Kong and mainland China because of Beijing’s focus on “high-quality growth” and a rising middle class, …

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Alberta premier says phone is better than in-person meetings for pension feedback

by Vera Ward
Alberta premier says phone is better than in-person meetings for pension feedback

Alberta Premier Danielle Smith says phone beats face to face when it comes to gauging public opinion on quitting the Canada Pension Plan — but the Opposition NDP says something this …

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NDP promises to axe proposed plan to quit CPP if it wins 2027 Alberta election

by Vera Ward
NDP promises to axe proposed plan to quit CPP if it wins 2027 Alberta election

Alberta’s long road to quitting the Canada Pension Plan would run smack into the scheduled 2027 provincial election, with Opposition New Democrats promising to kill the idea if they win. …

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Why You Should Never Use Your Retirement Savings to Pay Off Debt

by Ron Morgan
Why You Should Never Use Your Retirement Savings to Pay Off Debt

Planning for retirement is a critical financial goal that requires careful consideration and disciplined saving. However, life can sometimes throw unexpected financial challenges our way, leading some to consider tapping …

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