RRSP

Tax savings for the retiree

Your client just finished his or her last day of work and tomorrow begins the new adventure of planning out the retirement years. He or she is now thinking about winter vacations, golf-course memberships, summer trips with grandchildren and possibly even a winter home down south.

By Mike George |November 1, 2010

8 min read

Tax News

Funding Boomer retirements

Life goes by so fast. Believe it or not but the oldest of the Baby Boomers are set to turn 65 in 2011. This will trigger the beginning of a rising wave of retirements that will peak within the next two decades. This global trend towards retirement is even more significant in Canada where the […]

By Wilmot George |October 27, 2010

6 min read

Industry

Millions need help consolidating assets

This Advisor.ca Special Report is sponsored by: As a financial planner and actuary, William Jack has seen the future. Depending on how the boomers manage and spend what they’ve accumulated the picture ranges from grim to not bad. “One man told his children, ‘I plan to spend the last penny on the day I die […]

By Brenda Craig |September 14, 2010

4 min read

Planning and Advice

Group assets play vital role in planning

This Advisor.ca Special Report is sponsored by: A Group RRSP represents an item on your client’s balance sheet that can’t be ignored. Contributions, investments and performance of this account all play a part in your client’s overall financial plan, and ultimately in your relationship. Free money is a good thing For many, this salient point […]

By Kathleen Peace |September 14, 2010

3 min read

Target date funds not a cure-all

This Advisor.ca Special Report is sponsored by: Left to their own wits, employees often exercise the same acuity in investing as they do in boosting their favourite hockey team. The stakes are chump change in a hockey pool. With a retirement fund, however, they are the stakes of a lifetime. With a defined benefit pension […]

By Scot Blythe |September 14, 2010

4 min read

Dealing with RRSP, RRIF losses

In Canada, when an individual dies, he or she is deemed to have sold their assets just before death – a sale that generally results in tax payable by the deceased’s estate. For non-registered assets such as personally held stocks, bonds, mutual funds and recreational real estate, the tax is generally based on the difference […]

6 min read

A.M. market numbers for January 21, 2010

The Toronto stock market could start Friday lower as commodity prices pull back and investors take in better than expected earnings from General Electric and Google. The Canadian dollar was down 0.29 of a cent to 94.82 cents US early Friday morning. U.S. futures were mostly flat as Wall Street tries to find footing sustaining […]

By Staff |January 22, 2010

3 min read

How to really resonate with clients

Keep asking good questions that help your client move out of crystallized-thinking mode and into emotional contemplation. Try to understand life issues in discovery before starting your financial discovery. Try to understand life issues in discovery before starting your financial discovery. Keep asking good questions that help your client move out of crystallized-thinking mode and […]

5 min read