August 2008 extras

  • 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 […]