News Archive 2015

I would like to advise you that Jane Halliday, CFA, Senior Portfolio Manager, Global Equities has decided to retire effective December 31, 2015.

Changes to the British Columbia’s Pension Standards Benefits Act (PBSA) come into effect on September 30th, 2015. The changes impact the administration of former Locked In Retirement Savings Plans (LRSPs) now referred to as Locked In Retirement Accounts (LIRAs) and Life Income Funds (LIFs).

On April 21, 2015, the federal government announced, as part of its current budget ("Economic Action Plan 2015"), its plan to reduce the minimum amount that must be withdrawn from Registered Retirement Income Funds (RRIFs) for the 2015 and subsequent taxation years.