Industry News

Few clients save for a sick day, says survey of Canadian advisors

(November 13, 2002) Canadian financial advisors want their clients to save more for future healthcare costs, yet a new survey suggests few clients follow this advice. The Health and Wealth Survey was commissioned by Advisor.ca, Advisor’s Edge and Objectif Conseiller to gauge the opinions of advisors regarding their clients’ concerns about the funding of healthcare, […]

By Jim MacDonald |November 18, 2002

4 min read

Industry

Fund outflows reach $1.1 billion in October, investors ignoring market rally

(November 15, 2002) For the second consecutive month, mutual fund redemptions topped the $1 billion mark as wary investors continued to shy away from the markets, despite signs of a rebound. Outflows totaled $1.1 billion in October, says the Investment Funds Institute of Canada, the same as September. It’s the seventh straight month of redemptions. […]

By Doug Watt |November 18, 2002

2 min read

Industry

Ottawa adjusts personal tax brackets to account for inflation

(November 13, 2002) The federal government is adjusting personal income tax rates by 1.6% next year as part of its annual effort to account for inflation. Since 2000, Ottawa has changed personal tax rates on January 1 each year in an attempt to avoid automatic tax increases that occur when income rises with inflation, also […]

By Doug Watt |November 18, 2002

1 min read

Industry

FPA announces new president; changes membership structure

(November 13, 2002) The Financial Planning Association has named Elizabeth Jetton of Financial Vision Advisors of Atlanta as its president-elect for 2003. Jetton, a Certified Financial Planner who has been on the FPA’s board since 2000, will serve as president of the planning organization in 2004. “I’m extremely honoured to have been elected to this […]

By Doug Watt |November 18, 2002

2 min read