Category : Search result: pension penalty


Senator Kelly Sues Defense Secretary Hegseth

U.S. Senator Mark Kelly sues Defense Secretary Pete Hegseth for threatening to reduce his Navy pension over political speech. A constitutional clash over veterans' rights.

Death Sentence Sought for Ex-South Korea Leader Yoon

South Korean prosecutors demand the death penalty for former President Yoon Suk Yeol, charged with orchestrating a rebellion by declaring martial law in December 2025. Read the latest on this historic trial.

Ontario fines FanDuel $350K for suspicious betting

Ontario's gambling watchdog has levied a $350,000 fine against FanDuel for failing to report suspicious betting activity linked to Czech table tennis matches. Learn the details of the enforcement action.

Canadian pension solvency hits record high at 132%

Canadian defined-benefit pension plans reached a record median solvency ratio of 132% in 2025, fueled by soaring stock market returns, Mercer reports. Discover the details and what it means for retirees.

Strong stock gains improve pension health in 2025: Mercer

A robust stock market performance in 2025 significantly improved the financial health of Canadian defined benefit pension plans, according to a new report from Mercer. Discover the key factors behind this positive shift.

Record $9.6M fine for Gulf of Mexico oil spill

U.S. authorities levy a historic $9.6 million penalty against Third Coast following a substantial oil spill in the Gulf of Mexico, highlighting ongoing environmental risks.

Three Hidden Risks for Canadian Investors in 2026

Investment strategist Martin Pelletier warns of three overlooked threats to Canada's economy in 2026, from B.C.'s legal shifts to Alberta's autonomy push. Discover what they mean for your portfolio.

Condo or invest $275K inheritance for retirement?

A 62-year-old with health issues weighs using a $275,000 inheritance to buy a condo or invest it. Financial experts warn buying could leave her with little to live on in retirement.

UK Pension Funds Eye Stake in Brookfield's Center Parcs

Major UK public pension funds, including Greater Manchester, are negotiating to buy a significant stake in holiday park operator Center Parcs, owned by Canada's Brookfield. The deal values the chain at £4.5 billion.

Boxing Day speeder caught at 173 km/h on Hwy 417

An Ontario G2 driver faces a stunt driving charge after being clocked at 173 km/h on Highway 417 in Ottawa. Learn about the severe penalties, including a minimum $2,000 fine and a one-year driving ban.

Afghan Evacuee Charged in Fatal D.C. Guard Shooting

A man who entered the U.S. via an Afghan evacuation program is charged federally after a fatal ambush on National Guard troops near the White House. U.S. prosecutors are considering the death penalty.

CPP Investments buys stake in lubricants firm Castrol

Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.

Financial Post Columnists Analyze Key 2025 Trends

A review of FP Comment columns from early 2025 reveals expert analysis on voter sentiment, competition policy, pension risks, and looming trade wars. Discover the key insights shaping Canada's economic and political landscape.

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