Life

Back to school financial tips for students

Students are set to head off to college and university with many valuables, but are they prepared for the financial risks? Read: Teens need money smarts Breaking and entering, as well as theft of valuables up to $5,000, accounted for 60% of police-reported property crime in 2011, finds Statistics Canada. The most common stolen items […]

By Suzanne Sharma |September 4, 2012

2 min read

Life

Key person insurance protects companies

The right insurance structure helps companies survive when owners pass on

By Chris Ireland |August 30, 2012

2 min read

Life

Insurance regulators spotlight suitability

Advisors can expect more scrutiny in the future from MGAs.

By Jill McCutcheon |August 27, 2012

2 min read

Industry

What are the weirdest celeb insurance policies?

Sure, celebs have to take care of themselves to stay at the top. But how much is Julia Roberts’ signature smile worth? How about soccer star Christiano Ronaldo’s legs or Bruce Springsteen’s vocal chords? Judging by their insurance policies, the answers are $30 million, $144 million and $6 million, respectively, finds Kanetix.ca. The company counted […]

By Staff |August 24, 2012

1 min read

Alberta firm seeks patent for new insurance product

Olympia Financial Group has filed a patent application in Canada and the U.S. for an owner-directed universal life insurance product. The new product comprises a universal life insurance policy, which lets the owner of the insurance manage the assets in their account. The policyholder’s account will also have safeguards against lapses for non-payment of premiums, […]

By Staff |August 20, 2012

1 min read

Manulife reduces earnings targets

Volatile equity markets and weak interest rates battered Manulife Financial’s Q2 2012 earnings, forcing it to report its fifth loss in the past ten quarters. Following news that low rates could cost insurers millions in the next few years, the company released its earnings. Overall, Manulife posted a $300-million loss in its second quarter, saying […]

By Wire services |August 10, 2012

2 min read

Global economy dampens Q2 pension returns

Canadian pension plans lost some of their first quarter gains in the second quarter of this year, as concerns over the European debt crisis and a weakening global economy pushed Canadian equities lower, according to a survey by RBC Investor Services. Within the $410 billion RBC Investor Services All Plan universe, Canadian DB pensions fell […]

By Staff |July 31, 2012

2 min read

Life

Back to school financial tips for students

Key person insurance protects companies

Insurance regulators spotlight suitability

What are the weirdest celeb insurance policies?

Alberta firm seeks patent for new insurance product

The trouble with term insurance

Manulife reduces earnings targets

Help clients choose settlement options

Clients must disclose risky hobbies

Global economy dampens Q2 pension returns