It's the goal that almost all of your clients are working toward: The day they stop punching the clock and can retire. But retirement presents unique challenges to the advisor.
As promised, in this column I will reveal the results of my very unscientific yet telling poll.
Any parent with children heading off to university knows that post-secondary education is an expensive business. This fall, students attending a first year arts program at a typical Canadian university can expect to pay upwards of $10,000 for tuition, fees, room and board.
Although risk is growing, UBS Investment Management believes the U.S. economy will struggle on without actually slipping into negative growth. UBS is still favouring credit sensitive sectors for the incremental income they offer compared with the Treasury agency sector.
Canadian advisors may have fewer insurance options at their disposal in the future, as proposed accounting standards could make long-duration, investment-based contracts less attractive to carriers.
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