The RRSP contribution deadline is just four weeks away. Have your clients maxed out their contributions? Likely not. While 65% of Canadians say RRSPs will be their main source of retirement income, 49% don’t plan to contribute this tax season, finds a Scotiabank poll. Read: OAS change won’t disrupt retirement plans “It is a bit […]
Many Canadians aged 45 to 54, the first age group to be affected by the OAS age increase proposed by the government, were already planning on working past age 65, according to CIBC polls conducted by Harris/Decima.
Although the idea of financial planning is now well accepted, planners still face a number of hurdles.
Younger Canadians share many of the same financial concerns as boomers, but there is a striking difference. Most people under 35 don't have a financial plan.
For Gen Y clients, retirement planning might seem like a concern for the distant future—but it shouldn’t be.
Almost half of aging Canadians envision becoming entrepreneurs during retirement.
Global equity and real estate returns boosted Canadian pensions in Q4 2012.
George and Teresa had planned to retire when George, who has a defined-benefit pension, turns 60 in three years.
Industrial Alliance retirement plan members now have access to a new retirement savings statement.
CANNEX launched educational tools designed for annuity and retirement income analysis. Read: Goodbye retirement? The tools generate personalized, video-based illustrations using a client’s profile data and choices, such as the type of income annuity contract being considered. Read: Best ways to mature RRSPs The tools help your and your clients answer questions including: Should I […]