Early planning needed for an early retirement
The piece analyzes the feasibility of retiring at 55 amid a push by firms to ease workers out early. It cites a Royal Bank class action over forced early retirement, CPP rules, and expert views on the financial trade offs of leaving work before 65, with pension and savings timelines.
MENTIONED IN THIS ARTICLE
Ken Schofield
Royal Trust
Royal Bank
Schofield
Gordon Pape
Pape
Lawand
P.J. Wade
The
Catalyst
Wade
Chrysler to idle seven plants for one week
Chrysler will shut seven plants in the United States and Canada for one week starting Monday to cut vehicle inventories. About 20,000 workers will be idle at facilities in Warren Michigan St. Louis North Fenton Missouri Toledo Ohio Newark New Jersey Belvidere Illinois Windsor Brampton. Canada. The move aims to reduce unsold vehicles and is not tied to third quarter results.
MENTIONED IN THIS ARTICLE
Detroit
Chrysler
DaimlerChrysler AG
Canada
United States
Dodge
Jeep
Warren
Mich
St. Louis Assembly
Fenton
Jeep Wrangler
Toledo
Ohio
Newark
N.J
Belvidere
Windsor
Ont
DaimlerChrysler
Brampton
Toronto
Trevor Hale
Daimler
Hale
U.S
Mercedes-Benz
Ward
Ward’s
General Motors Corp
Ford Motor Co
Microsoft says hacker accessed high level secrets 12 days
Seattle records show a hacker gained access from Oct 14 to Oct 25, viewing source code and emails but not corrupting code. Microsoft alerted FBI on Oct 26 and says no major secrets were stolen though 12 days could enable undetected damage.
MENTIONED IN THIS ARTICLE
Seattle
Misc
Microsoft
Rick Miller
Miller
FBI
Thomson acquires Harcourt assets boosting education unit
Thomson Corp gains U S higher education publishing operations from Harcourt in a 3 billion cash deal aided by Reed Elsevier. The move doubles Thomson Learning’s size, aligning its revenue near 2.6 billion annually and boosting the group's role across finance and education sectors.
MENTIONED IN THIS ARTICLE
Thomson Corp
Harcourt General
Thomson
Richard Harrington
Thomson Learning Group
U.S
Reed Elsevier
Reed
Harcourt
Scien
Tific
Newton
Mass
Thomson Learning
Jake Balzer
Edward Jones
St. Louis
Understanding universal life and term life insurance
A reader explains why universal life has overtaken term and whole life, detailing the flexible, tax advantaged features, investment components and the challenges of comparing policies. The piece notes the need to assess mortality costs, charges, investment options, ratings and advisor trust, with contact for feedback.
MENTIONED IN THIS ARTICLE
Universal Life Insurance
Universal Life
Whole Life
Rothbeg
Telusplanet
Brian J. Rothwell
Rothwell Management Inc
Medicine Hat
Alberta power costs push company to consider Manitoba plant
Albchem Industries plans a formal announcement next week on building a new plant in Manitoba to reduce electricity costs. The firm operates a Bruderheim Alberta facility and may shift some production to Virden, Manitoba, after Alberta deregulation raises power bills. The 29 local jobs will be retained.
MENTIONED IN THIS ARTICLE
Edmonton
Manitoba
Alberta
Albchem Industries
Kevin Kohler
Kohler
Virden
Brandon
Bruderheim
Also Mentioned on This Page
Canada Pension Plan
Nancy Lawand
Associated Press
Sony
Thomson Acquires Education
Canadian Press
Ceresee
Power, Man
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