In the Line of Fire: Long-Term Disability Insurance Coverage

 Few things in life are guaranteed, including long-term disability (LTD) insurance plans. While long-term disability protection may be offered through an individual’s employer, not all plans are created equal. Basically, there are two types of LTD. The first is the Insured Benefit LTD where the plan sponsor (the employer) pays

A Unique Private Sector Solution to Protect Canadians’ Prescription Drug Coverage

 With the widespread benefits arising from continuing advancements in the efficacy of prescription medications used to treat acute and chronic medical conditions, it is easy to lose sight of an important side effect which often accompanies the undeniable benefits these medications provide. That side effect is their cost. And due

Financial Literacy: An Essential 21st Century Skill

 It may surprise you to learn that November is Financial Literacy Month. And yet, financial literacy deserves to be given more prominence in today’s world of complex mortgages, loans, insurance policies, complicated investment products and sophisticated financial scams. As Leslie Byrnes, Vice-President, Distribution and Pensions at the Canadian Life and

Pensions & Peace of Mind: To Pool Or Not to Pool?

 Pooled Registered Pension Plans (PRPPs) are Canada’s latest pension-planning tool. To pool or not to pool? That is the question – at least among Canada’s retirement experts. Pooled Registered Pension Plans (PRPPs) were proposed last November by the federal government and are intended to provide workers within small and medium-sized