Changes to Alberta’s Target Benefit Plan PfAD Rules
On June 20, 2024, in a fortunate turn of events, the Government of Alberta adopted long-awaited changes to the calculation... Read more
News & Views
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Latest News & Views
2024 Federal Budget Update
On April 16, 2024, the federal government delivered its 2024 federal budget (“Budget 2024”), titled “Fairness for Every Generation”. Although... Read more
Why Investors Shouldn’t Hyper-focus on Market Cycles
In the current economic environment, which fluctuates between cautious optimism and pragmatic risk aversion, investors are increasingly recognizing the importance... Read more
Regulator Guidance on Climate Change Risks
Most investment industry participants seem to be hopping aboard the ESG train lately with the most popular destination being climate... Read more
Changes to B.C. Pension Legislation on the Horizon
On October 4, 2023, the Government of B.C. introduced Bill 33: Pension Benefits Standards Amendment Act, 2023.... Read more
B.C. Target Benefit Plans: PfAD Changes Effective December 31, 2022
Our last post on the topic of Target Benefit Plan (TBP) PfADs was in early 2021, noting that temporary relief... Read more
Revised Draft Legislative Proposals for ELHTs
Budget 2018 saw the federal government propose legislative changes to the section of the Income Tax Act governing Employee Life... Read more
George & Bell Consulting Advocates for COVID-19 Plan for Registered Retirement Savings Plan (RRSP) Withdrawals
George & Bell Consulting is calling on the Government of Canada to allow non-punitive RRSP withdrawals for Canadians to meet... Read more
Should I Take My Commuted Value? Interest Rates, Mortality Tables and Their Effect on Commuted Values
We are often asked by members whether or not they should take their commuted value as a lump sum payout... Read more
New B.C. Defined Benefit Funding Rules and Single Employer Target Benefit Plans
Last week the B.C. government announced new defined benefit (DB) plan funding rules that take effect December 31, 2019. Some... Read more