Solenis is shutting down Burlington operation. What are your pension choices?

[@rosemaryhoulihan5048]

Quick question...I know you said in one of your other videos that low interest rates amd low bond yields means more Commuted value. I hear in the news that the bond yields are really strong and seem to be increasing while interest rates continue to go down. How does that impact the amt of CV you would get? Is one more important to the calculation than the other?

[@pensionsolutionscanada]

Morning. Sorry that i'm slow responding. Bond yields and interest rates are related but different. As interest rates drop, bond interest payments, "coupons" drop. But, bond rates change every day whereas interest rates change monthly or less often. Look at it this way: as interest rates drop, your CV rises, very difficult to quantify. That's really the issue for you. On the matter of bond yields, people confuse bond yields with investment returns on bonds. The thing is that returns on a bond or bond fund come from 2 sources: coupon or interest rate paid PLUS change in the price of the bond. Beyond that, please schedule a ZOOM call with me on this site. We can explore further.