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
Withdrawals exceeded contributions, but strong markets boosted pension assets
CPP premiums are set to increase on Jan. 1, 2021
Delaying CPP is best for clients in the long run, but advisors can increase their compensation when clients take the benefit early, according to new research
The RRSP dollar limit has also been updated
The pandemic may cause your clients to rethink when to claim government benefits