2014 Year end stock market review

2014 Year end stock market review

Stock market reviews and predictions are abundant this time of year.  For me, 2014 flew by and I thought stock markets were much the same from previous years – mostly good news.  Here’s a chart showing different asset class returns for the past 6 calendar years. Cash DEX Bond Universe TSX Composite S&P500 MSCI World 2014 0.91%

Historical Stock Market Data

Historical Stock Market Data

I like numbers so I don’t shy away fro the fact that I like statistical analysis and data.  As a result, I’ve collected some data on the stock markets that may be interesting to some people. Before I show you the stock market historical data, I want to put forth my disclaimer: This data has

New Financial Planning Data for 2015

New Financial Planning Data for 2015

A new year means new limits and data.  Here’s a list of new financial planning data for 2015 (In case you want to compare this to past years, I’ve included old data as well). Pension and RRSP contribution limits The new limit for RRSPs for 2015 is 18% of the previous year’s earned income or

Protecting Your Drug Plan from Rising Costs

Protecting Your Drug Plan from Rising Costs

A major concern for employers looking to control their costs is health and dental benefits. One of the fastest rising health care costs for employers is drug plans. With the advances in medicine, there seems to be new drugs every other month. Employers have to make the tough decision of balancing cost control with the

Dealing with Pension Plan Longevity Risk

Dealing with Pension Plan Longevity Risk

Retirees aren’t the only ones who need to worry about outliving their money. Longevity risk is a major concern for defined benefit pension plan sponsors as well. While longevity risk largely remains with workers for defined contribution pension plans and group RRSPs, it’s the employer that bears the brunt of the risk with traditional defined

Flexible Pension Plan: Enhancing Your Defined Benefit Plan

Flexible Pension Plan: Enhancing Your Defined Benefit Plan

With many private sector pension plans reaching fully funded status, a growing number of plan sponsors are considering de-risking strategies. De-risking can take many forms from plan redesign to plan consolidation. The purpose of de-risking is to reduce an employer’s exposure to pension plans risks like a market downturn. Before undertaking a de-risking strategy, it’s

Five Elements of Workplace Wellness

Five Elements of Workplace Wellness

Over the past few years, the growing importance that we place on creating and maintaining some kind of work-life balance has had a huge influence on corporate hiring and employee retention efforts. In generations past, employees were expected to leave the concerns of their personal lives at the door and to focus all their attention

Changes to Taxable Disability Benefits

Changes to Taxable Disability Benefits

Effective January 1, 2015, Carriers will update how taxable long-term and short-term disability benefits are administered to align with new requirements outlined by the Canada Revenue Agency (CRA). Previously, plan sponsors or plan members could select other options for withholding tax such as a specific amount or percentage, or defer them until annual taxes are filed. The