Podcast: Physicians, NPs, dentists, and lawyers can have pensions
Pension Innovation: How Can Entrepreneurs Level the Playing Field With Their Counterparts in the Public Sector?
The Great Recession of 2008 had many consequences, but in the world of pensions, it truly highlighted the chasm separating the private sector from public sector retirement plans. The "Great Divide" boils down to this: civil servants have back-stopped, defined benefit plans that will provide a comfortable level of pension benefits in retirement, whereas the taxpayers responsible to fund such great plans are largely relegated to RRSPs with much lower contribution limits and a limited ability to weather financially volatile markets.
The PPP® course is now core curriculum for Knowledge Bureau's retirement designation
Knowledge Bureau™, one of Canada's most respected financial education institutes, now lists Personal Pension Planning for Business Owners as the fifth course in its DMA™ Retirement Income Services Specialist designation. In other words, advisors and tax professionals working toward Knowledge Bureau's retirement income credential now complete dedicated training on pension solutions for incorporated business owners — the discipline at the heart of the Personal Pension Plan (PPP®).