Life

Baby boomers don’t want modest retirements Fallback Image Decorative pattern

Estate Planning

Baby boomers don’t want modest retirements

Over half of baby boomers (57%) would rather work longer so they can maintain their current lifestyles as they enter retirement, finds a CIBC poll. Further, 24% plan to carry debt into retirement. Of those, 80% will carry debt throughout their entire retirement. This suggests they have no immediate plans to pay it off, and […]

By Staff |September 21, 2012

2 min read

Pensions turn to alternatives to boost returns Fallback Image Decorative pattern

Industry

Pensions turn to alternatives to boost returns

Almost half (48%) of defined benefit plan sponsors plan to increase their allocation to alternative investments as they seek long-term returns less correlated to public equity markets, finds RBC Investor Services. Further, this figure jumps to 88% for plan sponsors that have over $1 billion in assets. Read: Will PRPPs create opportunities for advisors? “Canadian […]

By Staff |September 20, 2012

1 min read

Standard Life completes Cdn debenture issue Fallback Image Decorative pattern

Industry

Standard Life completes Cdn debenture issue

Standard Life Assurance Company of Canada is issuing a $400 million principal amount of 3.9% fixed/floating subordinated debentures, due September 21, 2022.

By Staff |September 17, 2012

1 min read

Insurance for wealthy clients Fallback Image Decorative pattern

Life

Insurance for wealthy clients

When it comes to estate planning, life insurance is critical. Help your clients upgrade their coverage as they age to ensure wealth preservation.

By Ted Warburton |September 14, 2012

4 min read