From time to time we invite guest writers to provide their specific insights about business, tax, retirement planning and other topics of potential interest to members of the larger INTEGRIS community. This week financial advisor Dawnyca Cristello from Profit Exit provides her thoughts on the Morneau tax measures introduced by the federal government in July of 2017 and ways business owners can mitigate this change to our tax laws Read More
As the calendar year end is approaching, we wanted to advise you on some important dates regarding the set up and registration of personal pension plans ...Read More
In the past year, we have experienced a surge of interest in the PPP®, especially given the introduction of the "Morneau tax measures"...Read More
Now that Canadians are in the middle of personal tax season for 2017, we wanted to provide some new information that we hope will be of interest to taxpayers from coast to...Read More
We have been informed that B2B Trust, a subsidiary of the Laurentian Bank group of companies, has decided that effective December 31, 2016, they would cease to act as corporate...Read More
Many ask how the PPP differs from the older IPP. We've summarized the key enhancements in the attached Schedule...Read More
The Great Recession of 2008 had many consequences, but in the world of pensions, it truly highlighted the chasm separating private sector from public sector retirement plans. The "Great Divide" boils down toRead More
?Final Federal Pension Investment Rules released today.
Relief for Plan Administrators.Read More
Normally, yes… however, please note that the full RRSP contribution amount may not be available in that year if you are considered... Read More
The INTEGRIS Personal Pension Plan is a collection of three distinct subaccounts (defined benefit ("DB"), defined contribution ("DC") and additional voluntary contributions or "AVC")...Read More
The sudden appearance of the Ontario Retirement Pension Plan (“ORPP”) adds yet another acronym to the constellation of retirement options in the financial landscape. Born out of the May 1, 2014 provincial budget, the ORPP traces its origins to a seminal paper authored by...Read More
The old cliché about the only two certainties in life being death and taxes are almost inevitable in any discussion on pensions. In particular, our prevailing preoccupation with financial security at retirement is rooted in the realization that we are in fact living longer coupled with...Read More
The subject of retirement is an emotional one. It involves decisions about how people will spend up to one third of their life, how much money they will need to fund that period, and the best way of saving to enable them to do so in reasonable comfort. It’s also a relatively new experience...Read More
A "fiduciary" is a person who has undertaken to act for another in a particular matter in circumstances which give rise to a relationship of trust and confidence….Read More
Many investment advisors who are familiar with individual pension plans or IPPs, often ask how the INTEGRIS Personal Pension Plan differs from the IPP. The question stems in part from the fact that while the IPP rules have been around since 1991, advisors servicing the retail market are typically unfamiliar with other types of registered pension plans…Read More
One of the major difficulties that the trustees of pension funds face today is finding investments that are not correlated with each other. Very simply, this means that different assets move in different directions in reaction to changes in the investment universe, so that one zigs while the other zags,...Read More
Recently, the CEO of the CIBC Mr. Gerry McCaughey, publicly announced that he felt Canadians should reform the Canada Pension Plan to allow for voluntary supplemental contributions...Read More
We have been asked whether the INTEGRIS Pension Plan is a Multi-Employer Pension Plan, or MEPP. It is not...Read More
The federal government has recently adopted legislation creating yet another new type of pension vehicle, the Pooled Registered Pension Plan. INTEGRIS is NOT a PRPP. PRPPs are basically...Read More
Why would a professional opt for INTEGRIS instead of an RRSP? 1. Your professional corporation gets to pay for your pension with pre-tax income. This means that you get to reduce your corporate tax payable...Read More
RRSPs are wonderful tools to build oneself a retirement nest-egg. Unfortunately, they also suffer from a few short-comings, deficiencies that INTEGRIS has been engineered to overcome. Firstly...Read More
First, it is important to note that the rules applicable to the INTEGRIS Plan have been around since 1991. Secondly, in Canada about 15,000 professionals and business owners currently have a plan that works...Read More
The INTEGRIS Plan is based on the premise that incorporated professionals work hard for their money and want to ensure they will have enough stocked away when it is time to retire. To achieve that end...Read More
Value can come from different sources. Very often, the skill of an investor will generate higher return and the value is said to be due investment management. Some call it the "alpha". Another source...Read More