Albertans are most likely to increase their market positions
Total non-mortgage debt continues to mount
Survey suggests Canadians are putting their trust in winning the lottery or receiving a large inheritance
Goshka Folda, senior managing director, Investor Economics, outlines the major demographic trends that will influence investment decisions. She says advisors must encourage clients to overcome their fears and stick with their financial goals. She spoke with Jade Hemeon, Investment Executive senior reporter, at the 2012 IFIC Annual Industry Conference in Toronto.
StatsCan revisions see household debt ratio climb to 163% of disposable income from the previoulsly reported 152%
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 such as registered accounts and pension plans
Jack Mintz, Director and Palmer Chair of the School of Public Policy at the University of Calgary, discusses household wealth, indebtedness and Canadians’ ability to save. He outlines policy changes that provide greater incentives to Canadians to increase their savings. Mintz spoke at the 2012 IFIC Annual Industry Conference in Toronto.
Retirees are less likely to make extra payments, which can lead to higher interest costs over time
Women and younger adults are the most worried about rising interest rates
Every client has different priorities when it comes to saving