With baby boomers retiring, governments must shift their attention to decumulation, says a new report
Help clients avoid disappointment by preparing them
We ask three clients
The February correction was a useful check against complacency
Tax season is a good time to remind clients about foreign reporting. Clients with foreign property holdings with a cost amount of more than $100,000 must complete and file Form T1135 Foreign Income Verification Statement, says H&R Block Canada in a release. Foreign property could include real estate, bank accounts, investment accounts, shares in foreign […]
Plus, they share how they're making a difference for others in the industry
Only one-third of these customers (33%) recall receiving advice from their banks.
All clients want a worry-free retirement, but some could find themselves facing financial challenges in their golden years. Read: How much retirement saving is enough? That’s because 25% of Canadian retirees are living with debt, finds a national survey from Sun Life Financial. In fact, some retirees still use credit as they did before retirement, […]
Post-secondary students with little or no income can still take advantage of tax credits and deductions. Make sure clients with children at university and college get their kids to file their taxes and claim the benefit payments they’re entitled to. Read: Coach clients with a newly empty nest Courtesy of CRA, here are the top […]
The Big Question asks