RRSP deadline: A procrastinator’s guide

The March 1 RRSP deadline is fast approaching. When it comes to last minute RRSP planning, however, nothing surprises Michael Berton anymore. The Vancouver-based CFP has seen people dump cash in their accounts at the last second or invest in something unusual because they were pressed for time. He’s even seen people with 11 RRSPs,…

What’s better, a LIRA or an enhanced pension?

Q. I plan on retiring in the next year. I will have BC Municipal Pension Plan income as well as about $400,000 dollars in my Special Agreements (SA) account. Just to clarify, an SA is a unique feature of BC pensions. The contributions can be transferred to a locked-in retirement vehicle or used to increase your…

How does a LIRA work after a pension transfer?

Q: I recently transferred my pension from Bombardier to Sun Life. I completed all the documentation and expected the fund to be transferred to an RRSP “Fidelity Clear Path 2035 Port Seg Fund” with around $70,000. Instead Sun Life has put the funds into a LIRA with the same account allocations as my other investments. I am concerned…

Know your TFSA contribution limit

For Canadian investors and savers, it’s always some of the best news to come each year: the annual increase in the contribution limit for Tax-Free Savings Accounts (TFSA). And for 2019 the TFSA contribution limit was increased from $5,500 to $6,000. The actual TFSA yearly limit was set at $5,000 back in 2009 when the…

Why so many athletes run into financial trouble

As an old-timer hockey player who still pays to play our national pastime, I can relate to the average sports fan’s tendency to envy the elite athletes who get paid millions to play kids’ games—especially when we know they love it enough to play for nothing. But after reading Chris Moynes’ book, After the Game,…

Everything you need to know about whiplash injuries in Ireland

Reading Time: 3 mins According to a recent report in the Irish Examiner, 7 out of 10 of all personal injury claims assessed by Ireland’s Personal Injuries Assessment board (PIAB) during the first half of 2018 were whiplash-related. The figures released by the Personal Injuries Commission (PIC) also determined that the average PIAB award for…

Can we retire in 10 years and earn $50,000 annually?

Q. I would like to know if we are on track to retire in 10 years with a target annual income of $50,000. My husband Wade and I are both 48-years-old. We have a paid-off home valued at $450,000 as well as a second property that we’ve paid $200,000 on that my elderly aunt is…

Free £50 Amazon Voucher for referring a friend

Reading Time: 1 min Santander UK customers who refer a friend to a range of the bank’s current accounts will receive a £50 Amazon.co.uk gift card for themselves and a second £50 Amazon.co.uk gift card for their friend. The offer is open to all Santander UK customers whose referral leads to a friend switching to…

Deal of the Week: Drive Safe Handsome Keyring £0.51

Reading Time: 1 min Make sure your loved one stays safe on the roads with this great amazon deal. The keyring only costs £0.51 + £0.80 delivery. The message is lovely and sure to be appreciated by whoever you give this to. Details “Drive Safe Handsome I Love You”/”Drive Safe, I Need you Here With…

Exclusive: 30 Free Tickets to Europe CBD Expo

Reading Time: 1 min Located at the home of world leading events ExCeL London, UK, this 2-day hybrid business and consumer trade show and conference dedicated entirely to CBD (Cannabidiol) will feature more than 80 exhibitors, a CBD Link Educational and Networking Area. Attendees will have the opportunity to participate in panel discussions from experts…

Free Nectar points with your shop on new credit card

Reading Time: 1 min Sainsbury’s are offering a great new dual offer credit card at the moment. Dual Offer Credit Card – Sainsbury’s Bank customers can take advantage of 0% interest on balance transfers up to 28 months, meaning they can focus on paying down the debt on any big purchases. At the same time…