Plans to eliminate RSP funds, company says
Fund companies waiting for budget to pass
Funds may seek opportunities in foreign bonds
The Association of Canadian Pension Management (ACPM) says it applauds the federal government’s proposal to eliminate the current 30% ceiling on foreign investments by Canadian pension funds and to increase the annual contribution limits for RRSPs and registered pension plans.The federal budget, table yesterday, proposes that the 30% foreign property limit on pension investments be […]
Still consulting on REOP and income trusts and backing away from TPSPs
Up to $18,000 next year and $22,000 by 2010
As welcome as it is, rule change means big challenges for fund companies
Canadians feel anxiety about where to put their money
One in five Canadians have contributed to their spouse’s RRSP, according to the annual National Survey on Retirement conducted by SOM for Desjardins Financial Security, last Fall. In addition, the poll found that one in three respondents who personally own an RRSP invest or have invested in that of their spouse. On a geographic basis, […]
Middle class needs to save more