(November 6 – 16:50) – Bank of Nova Scotia today launched a new planning process to help Canadians prioritize, plan, and implement a financial strategy.

“The ican financial plan is the first and most important step in the financial planning process, helping consumers understand their overall goals,” said Ron Laursen, Scotiabank’s senior vice president, retail deposits. “ican financial plan is designed to help the customer develop an overall financial road map quickly and easily.”

As part of the planning process, the plan asks customers to review a list of goals and set their priorities: Have more money at the end of the month; buy a home; reduce debt; protect the family against financial emergencies; save for children’s education; retire comfortably; maximize investment results; own a business; pay off a mortgage or achieve other financial goals.

“The majority of Canadians’ financial success will come from having a plan which includes a realistic monthly budget, regular savings through cash and investments, debt paydowns, and good asset allocation,” observed Laursen. “The ican(TM) financial plan gathers all of your information together so that you can make an informed decision about your financial future.”
-IE staff