Inclusive Investing and Financial Literacy

This post can also be found on Inclusion BC’s website. Inclusive Investing  November is Financial Literacy Month and October is Registered Disability Savings Plan (RDSP) Month. Many of the financial institutions, investment regulators, community and other organizations committed to supporting financial literacy are publishing resources, tools, information, and workshops to help people learn more about how to manage and save their money. There are many great resources available. But it can sometimes be difficult or overwhelming to know Read more

Pension Division Review Project Committee wraps up review of double-dipping, private annuities at October 2019 committee meeting

At its monthly committee meeting, BCLI’s Pension Division Review Project Committee completed its review of two topics that had figured in earlier committee meetings. The first topic involves something that has been informally called double-dipping. This may occur when a spouse receives a share of the other spouse’s pension benefits under family-law legislation and still may be entitled to other benefits or a share of benefits under other legislation. In British Columbia, section 145 of Read more

Child Protection Project Committee continues examination of definitions and terms used in Child, Family and Community Service Act

BCLI’s Child Protection Project Committee continued its review of the Child, Family and Community Service Act at its October 2019 committee meeting. As at its previous monthly meeting, the committee’s focus remained on updating the definitions and terms used in this act, in light of the new terminology that appeared with the coming into force of the Family Law Act in 2013. There is broad recognition of the value of harmonizing the definitions and terms Read more

Difficulties Seniors Face with Financial Services

This post is part of a series highlighting key themes and presenters from the 2019 Elder Law Conference. To see the other posts in the series, click here       Earlier this year OBSI released its first ever Seniors Report, documenting the experiences of seniors using its services. The national, not-for-profit organization collected demographic and case data for 2017 and 2018 to create the report, which used the age of 60 as the threshold age of a senior.   Demographics The Read more

Federal Election 2019: Identifying the Seniors’ Policy Issues

Co-written with Lorraine Wong   This year, Canada’s political parties have announced many policies on their platforms that are particularly relevant to seniors. Some issues, such as pensions, are more clearly seniors’ policy topics; other policies that do not directly target seniors could still have a significant impact on older people. For example, expenditures that would open up a greater number of affordable childcare spots could improve quality of life for seniors. As we discussed Read more