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Latest news in Financial Planning

Potential effects of the new degree requirement for CFPs

A degree will be required to earn the "Certified Financial Planner" designation, effective April 2022

stressed senior couple calculating budget at home

Report reveals Canadians’ weak knowledge of retirement income

Employer plans, OAS and GIS were the least understood topics

  • By: IE Staff
  • May 13, 2019 September 21, 2019
  • 12:55
happy young couple discussing with a financial agent

Advisors top list of retirement planning tools: survey

But advisors aren’t as popular with Gen X investors

  • By: IE Staff
  • May 13, 2019 September 21, 2019
  • 10:30
Single woman in apartment

Singles: A growing demographic

The needs of single clients can differ from those of couples, so tailor your planning services appropriately

Female advisor meeting with male client at hotel lobby

The budget and your clients

Feds create new annuity options, enhance Homebuyers’ Plan

  • By: IE Staff
  • April 5, 2019 September 21, 2019
  • 10:27
tax calculator with red button

On deadline: Tax tips

Even if you don't prepare your clients' taxes, you can help with these pointers

boomer couple signing contract with financial planner

After the rush: Post-RRSP reviews

Now that the contribution deadline has passed, this is a good time to review your clients' changing needs

Close-up Of Businesswoman Stopping The Effect Of Domino With Hand

Many women put their retirements at risk making financial sacrifices

By their late 50s, women have saved approximately half of what men have saved

  • By: IE Staff
  • February 21, 2019 September 21, 2019
  • 11:30
silhouettes of happy parents walking with child and baby’s stroller on the seacoast

B.C. Child Opportunity Benefit a centrepiece of provincial budget

The new program will provide almost $400 million a year to about 290,000 families

RRSP piggybank

Canadians boost RRSP holdings

Cautious investors represent an opportunity for advisors

  • By: IE Staff
  • January 29, 2019 September 21, 2019
  • 13:52
middle-aged man celebrating birthday with friends

Financial planning’s persistent rise

As retiring baby boomers need help with their increasingly complex finances, planning becomes more critical

Retirement umbrella with Have you saved enough text

Half of working-age women worry they won’t have enough in retirement

43% of men have the same concern

  • By: IE Staff
  • January 8, 2019 September 21, 2019
  • 12:50
lass of university students using laptops in lecture

CRA updates child-related tax folios

Revised folios provide tax guidance for clients who are parents, students or parents of students

man with laptop computer on sailboat

Newly wealthy clients need help with shifting priorities

Windfall recipients intend to pay off debts and share their newly acquired wealth with friends, family and charity

alphabet letter tiles

FPSC unveils new FP Canada details, introduces QAFP designation

Newly created division will deliver professional education programs and other tools to prospective and existing financial planners

  • November 26, 2018 September 21, 2019
  • 12:56
Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

TFSA annual contribution limit rises to $6,000

The cumulative TFSA contribution limit in 2019 will be $63,500

hands working on digital device network graphic overlay of GIVE

Focus on making philanthropy personal

With a focused approach to giving, clients can measure their impact and feel connected to their causes

two couples having a picnic on the beach

Wealthy millennials will reshape philanthropic giving

Millennials are more than twice as likely as boomers to feel that leaving a legacy is important

man calculates money. piggy bank and business documents on desk

Advocis puts new spin on financial literacy

Website and podcast timed with the opening week of Canada’s Financial Literacy Month

Canadian money, twoonies, coins, calculator on desk

November is Financial Literacy Month

IFSE launches Tip of the Day awareness campaign

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

CRA increases maximum pensionable earnings for the CPP

The increase of 2.7% to $57,400 from $55,900 was calculated according to a formula that takes into account the growth in average weekly wages and…

  • By: IE Staff
  • November 1, 2018 September 21, 2019
  • 10:00
laughing family, senior parents and their adult son

Parental guidance

Clients with aging parents may need help in ensuring those seniors are prepared for what lies ahead

Canadian money in the black wallet

Effective tax rate rises for Canada’s top 1%

Tax filers with a total income of more than $3 million had the largest increase in their effective federal income tax rate in 2016

Worried Young Couple Lying On Carpet Calculating Their savings, planning future, retirement fund

$250,000 salary would make Canadians feel “financially comfortable”

Income expectations vary by age

mature couple at home meeting with financial advisor

Handling passive-investment rules

Recent changes to the way that active business income earned within a private corporation is taxed may affect some of your high net-worth clients