Study argues for providing Canadians more retirement savings room, allowing OAS/CPP deferral after 70
In 2023, employers are paying 44.7% more at the top end than in 2018
Advisors need to consider several aspects, such as life expectancy and whether the client will spend or invest CPP and OAS
The fund returned 2.4% in the third quarter
The reason lies with the pandemic's unique impacts on the labour market
Decisions on when to collect CPP benefits and to convert RRSPs can have a profound effect on clients' retirement income
The CRA also updated the RRSP dollar limit
Suyi Kim most recently served as the pension plan’s head of Asia Pacific
The fund's net assets were $475.7 billion, compared with $456.7 billion a quarter earlier
Policymakers should consider making it simpler to adjust CPP as needed