Advisors can help reduce inflation’s impact
Reach out to clients to ensure they understand the changes and implications
For the first time, a second earnings ceiling will be used to determine additional contributions
Broad estimates and generous assumptions may mean the APP is less viable than it seems
Province would be entitled to 53% of the national pension plan's pool by 2027
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