The U.S. Department of Labor has secured a significant consent judgment necessitating Dr. Robert B. Pamplin Jr. and the R.B. Pamplin Corp. to repay a minimum of $20.6 million to the company’s pension plan. This decisive action follows the discovery that the unlawful acquisition of company-owned r
With Prime Minister Justin Trudeau's resignation and the possibility of an upcoming election, much speculation arises regarding the potential impact on pensions under a Conservative (Tory) government in Canada. The Conservative party's strong standing in the polls further fuels
The UK government's proposal to subject unspent pensions to inheritance tax (IHT) starting April 6, 2027, has sparked significant debate among industry experts. This potential change could disrupt many aspects of financial planning, leading to complications and increased costs for savers. This
The Baby Boomer generation, known for its significant contributions to cultural and economic changes in the United States, now faces a daunting challenge as it heads into retirement. Despite years of hard work and earning, many Boomers find themselves with insufficient retirement savings to
In 2025, significant changes to US retirement savings plans will come into effect due to provisions from the SECURE Act 2.0. This federal legislation, aimed at facilitating Americans' management and contributions to tax-advantaged retirement plans, is set to improve access to these savings
Alberta's ambitious plan to withdraw from the Canada Pension Plan (CPP) and establish its own Alberta Pension Plan (APP) has stirred considerable debate among various stakeholders. Proponents of the proposal argue that it could lead to significant financial savings for Albertans, while
