Clients are anxious about more than market volatility
If your clients are the parents of post-secondary students, you can now reassure them that the kids benefit when they pay tuition themselves. That’s because an RBC survey finds that students who receive less than 25% of their school funding from parents feel more confident making financial decisions and are more likely to make and […]
Millennials want to look beyond debt repayment
IFIC has launched its Investor Centre, with content to help clients navigate their finances. Read: Most Canadians fail basic financial literacy test In addition to articles on saving and investing, the new website contains a Life Stages section with articles on starting a business, preparing for a new baby, changing jobs, caring for loved ones, […]
Editor’s note: This article has been updated with more information. Canadians appear to be less financially literate than they think they are, according to a survey commissioned by LowestRates.ca. When asked 15 true-or-false questions to test their knowledge, most respondents were unclear about terminology concerning mortgages, auto insurance or TFSAs. Fifty-seven per cent of respondents […]
Canadian youth surpass their global peers when it comes to financial literacy. Whether that means Canadian advisors have an easier or harder job compared to their own global peers can be left for you to decide. A survey from the Organization for Economic Co-operation and Development (OECD) finds that 87% of Canadian students perform at […]
Interested applicants can apply until June 30, 2017.
For advisors in Ontario, future clients may be more financially savvy — not to mention more motivated to face their financial challenges. Read: Win the wealthy clients of the future That’s because Ontario is launching a pilot project to test drive a new career studies course for high school students. The project, which will run […]
Some young Canadians rely on their parents to file their taxes.
If you’re a passionate number cruncher, maybe you’ve considered what action you’d take as governor of the Bank of Canada or what recommendations you’d give as an analyst. And, if you’re a true numbers geek, maybe your most keen insights come when you identify what the numbers don’t say. The CFA Society Toronto gets students […]