Stable finances, along with a strong health system, benefit Canadian retirees
Investigators target fraud in Old Age Security program
When pension plans and benefits change, clients might need your help
Single parents are most prepared to transfer their wealth, according to an RBC survey of families in Canada, the U.K. and U.S. RBC found that 38% of single-parent families have a comprehensive wealth transfer strategy, compared to 26% for nuclear families and 24% for blended families (those that have children from current and previous relationships). […]
Advisors have some tax management work to do for clients, according to a new survey of investors. Natixis Global Asset Management surveyed 500 Canadian investors in April about their tax planning needs, including 329 investors who use financial advice. The results weren’t encouraging, with 46% saying their financial advisor has never discussed the impact of […]
Desjardins Group’s life insurance, heath insurance and retirement savings unit reported a surge in profits in Q1 as assets under management and administration reached a record $100 billion. For the three-month period ending March 31, Desjardins Financial Security reported net income of $133.3 million, up 34.5% from $99.1 million in the same period a year […]
In the first 10 minutes of a meeting, your client says: “Last month our friends Lee and Carol took us on an amazing tour of the Halifax coastline on their new yacht. I’d sell our cottage and sail the world like they do in a heartbeat.” At that moment Tell your client that if he […]
Occupation IT professional City Kanata, Ont. Age 57 I’ve been investing: Since 1982 I plan to retire: Ideally, in three years Investable assets: $915,000 ($610K in RRSPs, $250K in gold and silver bullion, $55K in silver and gold stocks) plus primary residence valued at approximately $425,000 I’ve had an advisor for: 15 years In and […]
“Have I saved enough?” That’s the top question on the minds of half of Canadian pre-retirees, finds an RBC poll. Read: 37% of boomers question if they have enough savings A Franklin Templeton retirement survey confirms as much, finding that about half of Canadian pre-retirees (49%) are concerned about outliving their retirement assets or making […]
As your clients live longer, help them adjust their retirement goals and plans to account for extra costs.