Retirement

Canadians say affordability biggest hurdle to saving Fallback Image Decorative pattern

Industry

Canadians say affordability biggest hurdle to saving

The majority of Canadians find lack of affordability a real barrier to their saving efforts, says a recent Scotiabank poll. “We know that every customer’s finances are unique and require a saving or investing plan tailored to work for each specific situation,” said Mike Henry, senior vice-president of retail payments, deposits and lending at Scotiabank. […]

By Staff |November 27, 2012

2 min read

3 ways to create an insurance trust Fallback Image Decorative pattern

Estate Planning

3 ways to create an insurance trust

An insurance trust is a tool that can allow a policy owner to control the timing and use of insurance proceeds following the death of the insured

By Mike George |November 26, 2012

5 min read

Majority of pre-retirees expect to work longer Fallback Image Decorative pattern

Industry

Majority of pre-retirees expect to work longer

Concerns related to rising healthcare costs are weighing on the minds of Canadian retirees and pre-retirees, says a Munich Re study. These concerns are cited as a key factor for individuals deciding to delay retirement. More than 60% of those nearing retirement plan to work longer to hold onto their benefits. Among active employees receiving […]

By Staff |November 21, 2012

2 min read

Are your clients dipping into their RRSPs? Fallback Image Decorative pattern

Industry

Are your clients dipping into their RRSPs?

Canadians are increasingly willing to take money from their RSP to pay off expenses, says a recent Scotiabank poll.

By Staff |November 19, 2012

1 min read