2008 extras

  • Seg fund fees worth it

    Speaking at The Insurance and Investments Convention held in Montreal Nov. 7, Richard Proteau, regional marketing director, independent advisor channel, told the audience of financial advisors that the investment industry seems to be divided into two opposing camps – mutual funds versus segregated funds. The choice that advisors are making […]

  • Comparison of the main characteristics of universal life, tax free savings accounts (TFSAS) and RRSPS

    Comparison of the main characteristics of universal life, tax free savings accounts (TFSAS) and RRSPS Characteristic Universal life TFSA RRSP Main monetary elements Deposits Subject to a tax test and influenced by the premium amount and by deposits in previous years (tax limit of 250% of value of accumulated funds […]

  • Who is a Financial Planner?

    The IIROC proposal lists the following courses and designations as proof of proficiency: – Someone who has completed the Canadian Securities Course and the Professional Financial Planning Course, sponsored by the Canadian Securities Institute – Certified Financial Planner (CFP), sponsored by the Financial Planners Standards Council – Personal Financial Planner […]

  • Poll shows investors less positive about equities

      The 37th quarterly Manulife Investor Sentiment Index, a national poll conducted for Manulife Financial in March, showed that during the first quarter of 2008 “concerns about swinging equity markets and the U.S. sub-prime lending,” somewhat dampened Canadian’s positive outlook toward investing, particularly in equities. The index ranks six investment […]