But market losses, unsuitable investments and a bankruptcy within a portfolio can’t be addressed through these funds
Many clients do buy CI insurance when advisors carefully lay out the real-life risks
Most advisors know it is a key to success, but don’t know how to make the transition
It used to be that debt and retirement were considered incompatible. How could anyone enjoy their golden years while being in the red financially? Yet, today, a growing number of Canadians are heading into retirement with significant debt — and that is bad news for many retirees. Debt can quickly form a chokehold on those […]
Thanks to a change in legislation, the choice of whether or not to declare bankruptcy to get rid debt in retirement has become a lot easier.A bill amending the Bankruptcy and Insolvency Act will protect registered savings plans and income funds from the hands of creditors. The bill (C-12) has been passed into law but […]
Demand for über-expensive indulgences has never been higher
High-income earners may be spending all their money and not accumulating any wealth. How to spot them
Keeping a business active during maternity leave can be vital for women
Tax reductions, improved business productivity and incentives to encourage Canadians to save for retirement — these are the common themes several financial services industry interest groups have presented to the federal government in response to its call for pre-budget submissions.If these recommendations sound a little “been there, done that,” that’s because they aren’t exactly new. […]
Canadians plan to narrowly beat RRSP deadlines and aren’t worried about market volatility, say latest polls