McCaughey's proposal based on simplicity, predictable payout
Finance ministers to discuss pension reform in Ottawa
Four in five employees without a workplace savings plan worry about maintaining their current lifestyle in retirement
Some believe the plans should be more flexible
Low-income Canadians would lose government benefits in retirement
Participation rates in saving strategies are decreasing, while the costs of government support programs are rising
The new pension plan format may not fulfil its goal of an overall increase in retirement savings across Canada, say experts
Under current tax rules, PRPPs should be avoided entirely by many low- to middle-income workers
OSFI to levy fees to cover the cost of licensing and providing ongoing supervision of pooled registered pension plans
The website aims to help advisors and Canadians find answers to many of the questions regarding the new retirement savings plans