Are Annuities the Answer?

Posted on November 27th, 2015 by Actuarial Solutions

When I started writing about three years ago, one of the first topics on my list was to discuss annuities and the merits of these financial instruments.  You can look back at my early commentary here.  One of the biggest arguments that the government of Ontario is putting forward for needing to create the Ontario […]

The ORPP is Back On

Posted on November 2nd, 2015 by Actuarial Solutions

Ok, I fell for it.  I really thought the ORPP was in our rear-view mirror.  I thought that by now everyone knew that although it was a great sounding idea in its simplicity it was actually enormously complicated and virtually unworkable in its details.  I thought that the Ontario government had been given an easy out on […]

Election 2015 – The Liberals & the ORPP

Posted on October 20th, 2015 by Actuarial Solutions

As a kid, my parents stayed up into the late hours of the night to watch Federal election returns.  They were hard pressed to get me to pay attention to what was happening in Ontario let alone the country.  Last night I became my mother’s son, watching until the end of Prime Minister – Elect, […]

The ORPP – A Bad Idea Gets Worse

Posted on August 12th, 2015 by Actuarial Solutions

  The Ontario Retirement Pension Plan – A Bad Idea Gets Worse Here is my theory:  If the picture has pretty colours it must be good news. On August 11, 2015, Ontario released additional details about its brilliantly conceived solution to the perceived unpreparedness of Ontarians heading towards retirement – The ORPP.  Unfortunately after you […]

Showdown – Feds vs Ontario – ORPP still the same bad idea

Posted on July 17th, 2015 by Actuarial Solutions

I haven’t written about the Ontario Retirement Pension Plan (ORPP) for a few months because we are all waiting to hear from the Province of Ontario on the details of how this mega-debacle will work. In today’s Globe & Mail, Bill Curry reports that our Federal Finance Minster, Joe Oliver, has written to Ontario’s Finance […]