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News

Money.ca
money.ca > retirement > retiree-defined-benefit-pension-payout-confusion

Canadian retiree contributed $3,500 to a pension decades ago — now collects $350/month for life and thinks it's an error

1+ hour, 58+ min ago   (427+ words) A 70-year-old Canadian retiree sparked a widespread discussion on Reddit after expressing confusion over a monthly pension payout that seemed too good to be true. Posting in a thread on the r/PersonalFinanceCanada subreddit under the headline “Something I don’t…...

Money.ca
money.ca > news > obsi-banks-withdrawing-fraud-settlement-offers-escalation-rights

OBSI report reveals that banks are withdrawing fraud settlement offers when customers escalate complaints — know your rights and what to do

2+ mon, 1+ week ago   (458+ words) Imagine being the victim of fraud. Your bank opens an investigation and comes back with a reimbursement offer, like a partial reimbursement or a goodwill credit. You question the offer and mention that you might escalate the matter to Canada’s…...