Latest news in Financial Planning

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

boomer couple signing contract with financial planner

Financial planning aids asset retention: report

U.S. advisors are increasingly using financial planning to build trust with clients

artist working in a original oil canvas

Creative differences

Self-employed artists - such as sculptors, painters, musicians and actors - face special financial planning challenges, from retirement planning to taxes

hands working on digital device network graphic overlay of GIVE

Groups introduce new strategic philanthropic designation for advisors

The program will allow advisors to develop strategic plans focused on philanthropy for individuals and families interested in charitable giving

  • By: IE Staff
  • September 20, 2018 October 31, 2019
  • 11:15
laughing family, senior parents and their adult son

Canadians missing out on tax breaks for caregivers: poll

Canadians contribute an average $430 per month to care for aging or ill family members

Canadian money in the black wallet

Trust betrayed

Regulators and dealer firms have been slow to come up with a clear process for financial advisors to handle suspected cases of elder financial abuse.…

beautiful senior couple having a walk along embankment, man with cane

IFIC expands Vulnerable Investors Resource Centre

New advisor materials on capacity and decision making now available

  • By: Leah Golob
  • July 5, 2018 October 31, 2019
  • 14:00
Young woman on a wheelchair over a green meadow

DTC: Opening doors

Qualifying for the disability tax credit is key to receiving several valuable government benefits. Here's what you and your clients need to know about this…

huge family portrait with parents and six kids

Current estate plans fall short for many blended families

Financial planners must work very closely with questions to ensure their complex financial and estate goals are met

Senior man in driver's seat of car

Gig economy increasingly important to post-retirement clients

Financial planners need to have proactive conversations with clients about how taking on work in retirement could affect their income taxes

happy senior female lying on bed with piggybank

More Canadians consider guaranteed life income products desirable

Segregated funds and annuities are two products that can help Canadians reach their goals

  • By: Leah Golob
  • May 15, 2018 October 31, 2019
  • 10:25
businessman in depression with hand on forehead

Financial literacy isn’t financial wellness for Canadian workers

Stress about retirement is the biggest financial worry among Canadians

  • By: Leah Golob
  • May 9, 2018 October 31, 2019
  • 14:45
usinessman holding binoculars with tie and shirt on cityscape

Peering into the future

FPSC and IQPF update long-term projections for financial planners

beautiful senior couple having a walk along embankment, man with cane

Mental capacity: the advisor’s role

When you suspect cognitive decline in an aging client, how can you ensure you serve that client's best interests while protecting his or her privacy?

disability insurance file folder

Fewer Canadians have disability insurance

Without the proper financial protection in place, workers are putting themselves and their families at risk

  • By: Leah Golob
  • April 24, 2018 October 31, 2019
  • 10:30
Many hands choosing cryptocurrency coins from box labeled ICO

Cryptogiving.ca matches digital currency donors with charities

Dozens of Canadian charities are currently accepting or moving to accept cryptocurrency donations

  • By: Leah Golob
  • April 13, 2018 October 31, 2019
  • 11:15
Male hand with pen on the investment chart with calculator and canadian dollars

Nearly half of existing mortgages face renewal in 2018: report

The increase in renewals comes as mortgage rates have been rising

Hand with chalk is drawing Risk and reward balance scale on the chalkboard

Reducing debt or investing a tax refund depends on your client’s situation

The choice between saving or reducing debt has become an increasingly important decision

  • By: Craig Wong
  • April 10, 2018 October 31, 2019
  • 06:00
Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP

Six changes for clients to consider this tax-filing season

Tax changes this year impact students, parents, caregivers and more

Businessman Using Calculator With Piggybank And Stack Of Coins On Desk

Slideshow: Help clients avoid these common tax return errors

With the tax return deadline looming, many Canadians are finding themselves scrambling to get their finances in order

  • By: Leah Golob
  • April 5, 2018 October 31, 2019
  • 18:00
closeup old hand with crutch

Clients and mental capacity

As financial advisors struggle to deal with clients who may be experiencing a decline in their cognitive abilities, regulators are responding to the need for…

Senior people walking on the beach

Slideshow: Major challenges facing seniors

The Ontario Securities Commission’s Senior Strategy aims to address the changing needs and priorities of older individuals

  • By: IE Staff
  • March 20, 2018 October 31, 2019
  • 16:15
Lady overwhelmed by debt, tax, tax forms

Women still need help understanding finances

FPSC study reveals that many Canadian women have “very little” knowledge about finances while more than half don’t have a written financial plan

  • By: Leah Golob
  • March 5, 2018 October 31, 2019
  • 13:44
Judge gavel, scales of justice and law books in court

Court case reveals risks in gifting assets

Setting up a trust or buying an insurance policy could offer protection for clients' families without putting assets at risk