We are constantly receiving information from the insurance and financial industry.  We are going to now post a weekly summary of pages we feel will impact our clients.  These may include updates from our partners at the insurance carriers, updates on tax related issues from industry associations, or just interesting thoughts from our peers.

Here are some from the past week:

1.  The results from the latest CPP Actuarial Report concludes that the current legislated contribution rate is sufficient to meet the CPP’s future obligations:

25th Canada Pension Plan Actuarial Report

2.  Women, as main caregivers, take a hit in retirement.  This is a great article outlining the experience of when Dr. Amy D’Aprix, coincidently a gerontological social worker, spent a decade caring for both of her parents.

Globe and Mail Article – “Women And Retirement”

3.  In a special to the Globe And Mail, Preet Banerjee discusses the importance of disability insurance.

Globe and Mail Article – “Protect your biggest asset: your future income”

4.  Florence Marino, a tax and estate planning consultant at Manulife Financial, discusses a recent court case in “As a matter of tax”.  The Queen v. Innovative Installation Inc. deals with the availability of a credit to the Capital Dividend Account when group creditor life insurance proceeds are used to directly repay the linked debt.

CDA credit for Creditor Insurance Upheld

Thank you for visiting – please share these links with others, and feel free to comment and discuss!