The first big step on your retirement journey

The Steps Retirement Program (“Steps”)  is an online tool that  enables you to set your retirement income goal (or yearly income in retirement),  create  a plan to help you achieve it, and track your progress.  Steps helps you figure out how much money you’ll need...

2018 Pension Regulatory Updates

CPP Enhancement- Affecting all businesses across Canada On June 20, 2016 at the Federal-Provincial-Territorial Finance Minister’s Meeting in Vancouver, an agreement in principle was reached on Canada Pension Plan (CPP) enhancement. The primary objective of the CPP...

Making your money work as hard as you do

When it comes to saving, you need to let time work its magic. Consider the example shown below: This is a hypothetical illustration only, assuming annual 5% tax-deferred monthly compound rate of return. There is no guarantee that the results shown will be achieved,...

Key Advantages of the OLTCA Retirement Plan

A Group retirement plan provides plan members with many advantages when compared to a Retail retirement plan.  The largest advantage to a group retirement plan is that the Investment Management Fees (IMF) members pay are typically much lower than Retail fees which are...