This year's deficit-fighting federal budget delays public pension eligibility and closes various tax loopholes to help get public spending under control. But there were some…
The pre-budget submissions from groups in the financial services industry argue for more incentives aimed at promoting saving and wealth generation, especially in investment vehicles…
These structures may have fewer tax advantages than they did in the past, but they can still be useful to shelter wealth
The federal budget announced changes in the benchmark test for tax-free investments, which may create opportunities for insurance advisors and their clients looking for ways…
The complexities of tax law mean that advisors must step carefully in this area or risk liability. Consider having a network of experts in place…
The Canada Revenue Agency is in the third and final year of a review of non-profit organizations to "measure tax at risk" in the sector.…
Many holders of TFSAs get caught overcontributing because they don't understand the rules. More education by financial advisors, institutions and the CRA is needed
Relief from U. S. tax rules won't help most complex situations
U. S. rules that cover Canadian mutual funds could make holding these funds far less attractive for some clients. Advisors need to be aware of…
Following a series of recent, significant judgments, it has become crucial to know where your clients' trusts are actually managed. Failure to stay on top…
Even though the deadline for filing income taxes is months away, now is the time to look at ways to minimize taxes for your clients…
A small percentage of professional investors may be subject to significant tax penalties if they abuse their accounts in tax-avoidance schemes. Most clients, according to…
A number of factors are driving up the price of permanent insurance. You can still help your clients get the coverage they need by understanding…
Specialization helps make your business more efficient and profitable
Although some of the strategies and tactics a coach suggests might be familiar to you, the discipline to implement them can be elusive. Here are…
Three prominent advisors from across Canada share the unique approaches they've taken to building relationships with prospective high net-worth clients
Research is finding that "friendly" bacteria can help cure a host of afflictions, from digestive problems to skin diseases. New research is looking into probiotics'…
The top search result in Google can get anywhere between 18% and 35% of clicks — and getting some of that web traffic could give…
FINANCIAL CHECKUP Each month, an in-depth examination of a financial planning case. A 58-year-old couple who have received an unexpected inheritance wonder if the wife needs…
Today's young couples - complete with student loans and mortgages - could become high net-worth clients over the long term if you start early in…
New book by an American sales consultant is a worthwhile read for advisors seeking the language and confidence needed to ask for introductions to potential…
Even successful individuals can experience a period in which stress overwhelms their ability to work. You can provide useful advice to clients going through such…
As shocking and sudden as the departure may seem, chances are you missed some of the signs that you were no longer the centre of…
Research shows that many affluent clients are pessimistic about their retirement. Involving clients in the planning process can help to give them a more positive…
The recently elected president of the Institute of Advanced Financial Planners is committed to promoting the RFP designation and a strong believer in value investing