Investigators target fraud in Old Age Security program
If you’re in Ontario, your senior clients who use public transit are eligible for a new tax credit — the seniors’ public transit tax credit. The credit is refundable and equal to 15% of a senior’s eligible public transit costs, and came into effect on July 1, 2017 (i.e., only payments for public transit services […]
Courts take a close look at advice
Find out what's involved and what new developments are on the horizon
Insights for advisors who serve seniors
Banks push re-advanceable mortgages, with potentially dire results
Report on regulation in 16 jurisdictions concludes there is no consensus to deal with conflicts
The MFDA has released a research report on its members, advisors and clients. The report aims to offer more information on MFDA members’ business operations as well as inform stakeholders of the potential impact of an embedded commissions ban. The MFDA recognizes there are factors at play that it hasn’t measured, but says, “Although it […]
Regulators consider cutting back what companies disclose
In the first 10 minutes of a meeting, your client says: “I’ve been gardening. I make and can my own dilly beans, and they’re so good my friends say I should sell them.” At that moment Ask your client what else she is planting and how she preserves her harvest. Get more details about the […]