In their annual pre-budget submissions to the federal government, financial industry associations made suggestions about the proposed pooled registered pension plan scheme, streamlining financial regulations…
The politics of the most recent federal budget created a range of small credits, although greater complexity may result
Historically low interest rates and slumping stock prices make this a good time to consider a spousal loan as an income-splitting strategy in situations in…
The institutions issuing tax slips often do the necessary conversions, but your clients may be left with the task
Two changes, intended to eliminate certain inconsistencies between the tax benefits of individual pension plans and other retirement vehicles, could make IPPs far less attractive
The federal government is looking for ways to end what many tax experts say is inappropriate use of employee profit-sharing plans to avoid payroll deductions…
Federal assistance for the care of the elderly by their family members comes in many forms. Planning for it is essential
The relatively new RDSP still is not widely used, but families that employ this registered program to shelter savings from taxes can reap significant benefits…
When disability strikes, there is much emotion to deal with and many tasks to perform. Advisors can help families and disabled individuals in this difficult…
For many Canadians, the tax-free savings account remains unfamiliar and not yet fully understood.
As in many countries, the most experienced tax auditors are delving into the affairs of Canada’s richest taxpayers
The Conservatives will be using their majority to pursue deficit reduction while introducing new tax credits and closing loopholes. The great unknown is global economic…
Both IIROC and the CSA have released notices on regulations concerning outside business activities for financial advisors. Regulators and legal experts say the rules have…
The key to communicating with clients during a time of market upheaval is to be proactive and empathetic
Gathering information about your new clients requires advanced interviewing techniques. That means knowing not only what information you will need but how to ask for…
The Wealthy Barber’s long-awaited sequel exposes misguided perceptions and financial foibles. Some of its claims will be debated by advisors
Even if you’re needlephobic or time-challenged, it’s crucial to check out medical requirements and recommendations before spending time in certain regions. See your family doctor…
As with a dinner party, preparation, attention to detail and making guests feel welcome are the keys to success
The decision to move from your residential setup into a full-fledged commercial office should be part of the plan to grow your business — and…
Gail Taylor started out with fewer advantages than most. But not only is she a top advisor with CIBC Wood Gundy, she has found a…
David and Susan are in the process of inheriting $350,000 following the recent death of his mother; they want to know what to do with…
Letting it be known that you take on new business by referral only can create an air of exclusivity that appeals to existing clients as…
When clients make the shift to post-retirement, it’s time to revisit their approach to risk, their goals and what makes them happy
A centre of influence — like a client — should be a good fit. Look at key attributes to create a mutually beneficial arrangement
Travel light, focus on remote access