The You First Blog

UK State Pension under attack

August 20, 2013
Uncategorized
Odette Morin

Canadians residents receiving the UK State Pension are not entitled to cost of living adjustments.  Many find this unfair and are putting pressure. Here is an article on the subject. Read a Telegraph article on the subject    

Weekly Update August 19 2013

August 19, 2013
Weekly Update
Terry Broaders

“Canada Needs The Senate Like I Need Another Cavity” -Gerald Caplan   TSX Finishes Higher The Toronto stock market was modestly higher as gold hovered near a recent high. The S&P/TSX composite index lifted 32 points to 12,736. The Canadian dollar dropped 0.32 of a cent to 96.71 cents US after Statistics Canada reported that… Read More

Pension Plans funding troubles

August 13, 2013
Uncategorized
Odette Morin

Benefits Canada reports that too many Pension Plans have funding troubles. The aggregate funding rate is currently at 78% which shows a profound problem. While pension plans offers guaranteed income, if not properly funded could put your retirement cash flow in jeopardy. Find out your pension plan funding rate and make sure to plan for… Read More

Summer cost a lot of money

August 13, 2013
Financial Planning
Odette Morin

Parents across Canada will spend $2,300 more than they had previously anticipated to keep their kids occupied this summer, says a new BMO study.Parents, please don’t give in to everything you kid asks for. True Love is free and creative play, too!! If you come in for your annual meeting, you will sure have heard me… Read More