Single clients bear added risk, need disability and critical illness insurance
As Canada’s single population grows, advisors can add value with disability and critical illness insurance
- By: Jordan Maxwell
- April 15, 2025 April 14, 2025
- 05:00
As Canada’s single population grows, advisors can add value with disability and critical illness insurance
From adjudication to getting back to work, here's what you need to be there for your client
Low interest rates turned Canadians against the product category for years — it may be time for a reset
They see its value, but aren't likely to respond to traditional legacy planning or worst-case-scenario pitches
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Clients will see first enhanced statements in early 2027, if rules are approved
Self-employment, job changes and retirement could be cues to look for coverage
Strong volumes to boost revenues from transactions and clearing: Moody's
Plus, fund launches from RBC iShares, Manulife; multiple firms announce fund changes
Official counts may miss the mark, leaving policymakers scrambling
An annual wealth tax would rake in $121 million over 5 years
Lower interest rates even the playing field: Statistics Canada
Despite the uncertainty, survey suggests Canadians' outlook for their personal finances has brightened
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record