Financial planning

Four in 10 Canadians aren’t retiring on time

While 80% of Canadians nearing retirement believe they’ll choose when they leave their careers, in reality 41% of retirees say they left sooner than expected.

By Staff |February 18, 2014

1 min read

Industry

4 ways to maximize income today

The key to creating sustainable income is to use current income to create more money today and in the future. Here's how.

By Tracy Piercy |February 13, 2014

4 min read

Industry

Clients don’t understand your credentials

While many Canadians feel they have don’t know enough to plan their financial future, they also don’t know about the lack of regulatory standards in much of Canada for the financial planners who could help, says a survey for the Coalition for Professional Standards for Financial Planning.

By Staff |February 10, 2014

1 min read

Economic Indicators

Are Gen X and Y too confident about finance?

Members of Gen X and Gen Y exude a sense of confidence about achieving key financial goals despite the obstacles they're facing, shows a report by BMO’s Wealth Institute.

By Staff |February 7, 2014

2 min read

Don’t discount Gen Y

Last year, I got married and my husband and I bought a condo. Our lavish wedding, and the down payment for our home, was funded largely by savings, along with some generosity from our families. Even though we pulled it off, not all your Gen Y clients will be as lucky.

3 min read

Boomers remain shaken by 2008 rout

In broad strokes, boomers have spent much of their lives embracing risk. This generation was one of the most entrepreneurial, allowing many to accumulate substantial wealth. They embraced professional advice to manage their personal finances, and all was supposed to be well as they passed into retirement.

By Staff |January 20, 2014

4 min read

Investors turning to the web for RRSPs

With RRSP season in full swing, it’s likely most clients are scheduling meetings with their advisors. But not all—a healthy number of RSP contributors are doing things themselves by investing online.