Despite proven advantages of financial planning for retirement, the majority of Canadians don’t have a financial plan for their future, according to an HSBC survey. The sixth edition of the Future of Retirement study, a global survey from HSBC, revealed that those who have a financial plan in place enjoy a clear ‘planning premium’ with […]
Advisor.ca content editor Vikram Barhat reports live from the Advisor Group’s 2011 Distributors’ Summit in Niagara Falls, Ontario. The conference ran from Tuesday, May 31 and through Thursday, June 2. Read Vikram’s coverage below: That’s it for my coverage from Niagara Falls. The 2011 Distributors’ Summit now concludes. I’d like to thank our sponsors for […]
Inflation expectations are on the rise in Canada. It seems its time for investors to ditch the bond market and dive into an equity market primed for plum pickings. “As the result of the inflation expectation rising, we will at some point in time see bond yields rise,” says Paul Taylor, chief investment officer, BMO […]
We told you they would be back. And they surely are. In a hostile takeover bid for TMX, Maple Group, a consortium of five of the country's largest pension funds and four Canadian bank-owned investment dealers, has decided to go directly to TMX shareholders to seek their support and to scupper the proposed LSE deal.
Less than two months after categorically refuting suggestions of being in takeover talks with Montréal-based National Bank of Canada, officials at the Winnipeg, Manitoba-based Wellington West have admitted they are indeed going to be acquired by the bank.
How do you keep wealthy clients when they become a flight risk?
TMX group spurned Maple Group's $3.6 billion overture and decided to stick with the LSE. Maple Group Acquisition Corporation, a consortium of five of the country's largest pension funds and four Canadian bank-owned investment dealers, has expressed disappointment over the decision but hasn't given up the ghost yet.
Moody's Investors Service on Tuesday said it placed the ratings of 14 of the 18 British financial institutions for a possible downgrade. This could lead to a hike in banks' borrowing costs.
Commodities markets have been plagued with volatility over the past few months. A tactical move, say experts, would be to peel off commodity exposure and reallocate funds to high yield bonds. “It makes sense to pare back some exposure to commodities,” says Alfred Lee, vice-president and investment strategist, BMO Asset Management. “Over the course of […]
That dream home your clients thought was within reach has been pushed a little higher again. With the national economy turning a corner, the majority of Canadian markets experienced weakened home affordability in the first quarter of 2011, according to the latest Housing Trends and Affordability study by RBC Economics. Rising ownership cost and falling […]