Retirement

CalPERS to Divest From Private Prisons?

Chief Investment Officer reports CalPERS board member and State Controller Betty Yee says it may be time for the retirement system to cut its holdings in companies running private prisons, a major reversal for the influential California politician who has previously sided against divestment:Yee’s ...

Creating a will is the “adulting” milestone you need to hit this year

When it comes to self-improvement, most of us have a hard time with follow-through—and whether you stuck to your Keto diet or not, there are likely items on your financial to-do list that just never get crossed off. One of the easy actions to delay is creating a will. After all, no one wants to t ...

5 Reasons to Switch to a Robo-Adviser

If the term robo-adviser conjures up images of C-3PO controlling your money, relax: we’re not robots. So, why are Canadians making the switch to a robo-adviser? We leverage technology to create a modern online experience for the benefit of our clients. “Robo-adviser” is a recent term, used to ...

2 Canadian Dividend Growth Stocks Increasing Dividends

Disclosure: Some of the links below are affiliate links (AL), meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. See disclaimer. Each month I update readers of all the dividend increases in the Canadian Dividend All-Star List (Canadian comp ...

HOOPP's Smartest Guy in the Room?

Barbara Shecter of the National Post reports on the smartest guy in the room: How a pension guru worked his magic, beat the market and saved Home Capital:There are seminal moments in any career and Jim Keohane’s is a doozy. He knew something was wrong when his lowball offer for Canadian Pacific R ...

Should you use your RRSP to fund a later-in-life university degree?

Q. I’m 58 years old and I retired earlier this year. I’m considering withdrawing money from my RRSP under the Lifelong Learning Plan (LLP) next year so I can fulfill a dream of mine, which is to complete a Master of Science degree in biology. How much can I withdraw, and what are the pros and c ...

Best high-interest savings accounts in Canada

How to use this tool: You can simply scan the table below to view interest rates offered by financial institutions across Canada. Or, input your estimated account balance and compare between high-interest savings accounts (HISA), tax-free savings accounts (TFSA*), registered retirement savings plan ...

Should you break your mortgage?

Joakim Tjernell was pretty proud of himself—he’d done a damn good job of shopping for a mortgage. It was back in June of 2009 and Tjernell, a 32-year old translator, had been eyeing units in a slick modern condo building on Toronto’s Bathurst Street for a while. There was a lot of paperwork ...

Jo Taylor Named Ontario Teachers' Next CEO

The Ontario Teachers’ Pension Plan just named Jo Taylor President and CEO effective January 1, 2020, succeeding Ron Mock, who retires at year-end:Ontario Teachers’ Pension Plan (Ontario Teachers’) is pleased to announce the appointment of Jo Taylor as its new President and CEO, effective Janu ...

Too Much Beta Dragging Down Japan, Norway?

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, on Friday reported a profit of 9.1 trillion yen ($84.4 billion) in January-March, swinging from a record loss in the prior quarter, thanks to an upturn in stock markets:The fund, which managed 159.2 trillion ye ...