Industry

Advocis optimistic Ottawa will raise RRSP limits

(December 5, 2002) A recommendation by the Commons finance committee that the federal government raise the annual RRSP contribution limit to $19,000 is welcomed by the head of the country’s largest financial planning organization. Advocis chair Brian Mallard says he’s optimistic the finance minister will act on the suggestion when he brings down the next […]

By Doug Watt |December 5, 2002

2 min read

Industry

Do your clients want to make the most of their spousal RRSPs?

Tom has his own RRSP as well as a Spousal RRSP from his wife Kathy. For convenience, he wants to convert them both into a single RRIF. However, once combined, the entire amount will become subject to the Three-Year Attribution Rule, restricting Tom to minimum RRIF payments, as above. Solution: Annuity and RRIF Tom uses […]

By Staff |December 4, 2002

4 min read

Industry

Take stress out of RRSP season in December’s Advisor’s Edge

(December 4, 2002) RRSP season can be stressful for investors and advisors, so the “RRSP Survival Guide” in the December edition of Advisor’s Edge offers ideas on how advisors can beat the stress and tension. The cover story of the December “RRSP Survival Guide” takes a personal approach to RRSP season. “We took a look […]

By Jim MacDonald |December 4, 2002

2 min read

Industry

Romanow report falls short on pharmacare and home care, Kirby says

Kirby takes Romanow to task over “old-fashioned” approach to healthcare reform Romanow report viewed as positive for pension plan sponsors Romanow’s vision of healthcare challenged Despite Romanow’s optimism, advisors recommend “defensive” healthcare planning Romanow says medicare system needs an extra $15 billion from Ottawa New taxes could pay for additional healthcare funding, Senate committee suggests […]

By Doug Watt |December 4, 2002

3 min read