Michelle Jeraline says she’s so stressed out by the pressure to sell customers products at TD Bank, it’s affected her health. The TD employee says she’s usually not acting in the best interest of her clients — she’s trying to sell them products that will help her meet sales targets and keep her from being … Read more
The latest changes to the CPF scheme announced in Budget 2024 raised concerns about the potential impact on retirement planning – specifically, the closure of the CPF Special Account. How will these changes affect your nest egg? We speak to Alvin Chow, CEO of financial education platform Dr Wealth. Read original article here Denial of … Read more
Renters are more likely to report a lower quality of life than homeowners, especially in Vancouver and Toronto, according to survey results over the last few years from Statistics Canada. In 2021 and 2022, renters were over 15 percentage points more likely to report difficulty meeting financial needs and over 11 percentage points less likely to report high overall life … Read more
REMOVAL OF CPF SPECIAL ACCOUNTS CLOSES A LOOPHOLE Bundled in the Budget 2024 announcements relating to CPF was the closure of the Special Account once members are 55 years of age and their CPF Retirement Account has been set up. When implemented next year, this would resolve a long-standing anomaly whereby a CPF member aged … Read more
After 40 or 50 years of the daily grind, many like to take retirement as an opportunity for a change of scenery and a new chapter of life in a quieter area. To help retirees make the move, Howden Insurance has ranked a list of the best towns and villages within the UK to relocate. … Read more
Rep. Victoria Spartz (R-Ind.) will reportedly make a decision about if she is running for reelection or retiring this weekend. In a text message to Politico, Spartz said she would “probably make my decision what to do this weekend.” The Indiana lawmaker announced in October that she would consider resigning from her position if Congress … Read more
When preparing for retirement, most people think about finances and the impact of age on their physical health. But not enough people think about the mental and emotional aspects of retirement. Finding a good therapist and attending therapy regularly can help you manage the mental and emotional side – but many new and prospective retirees … Read more
One of Goldman Sachs’ highest-paid executives is leaving the bank early next year after raking in roughly $100 million over the past three years — even more than CEO David Solomon, according to a report. Ed Emerson — a 47-year-old trader who leads Goldman’s commodities business and whose pay exceeded Solomon’s $77.5 million during the … Read more
