More effort needed to educate clients on the benefits of passive management
Only 1-in-3 are planning to contribute to their RRSPs for 2009
Quebec regulator freezes assets of 16 individuals and 7 firms
Report says this would be a good way to fund improvements to the retirement income system
Retirement savings system not broken, but needs improvement
OAS system facing greater pressure from lost retirement savings
Aging and retirement is a dramatic period; even the most cursory list of major events ranges from declining health, to the loss of friends and spouses, to key lifestyle decisions about the final decades of life. All of these events involve money — and this is a phase during which financial advisors can become particularly […]
Advantages over traditional RRSPs include higher contribution limits and measurable tax benefits, among others
Combine youth and compounding, and the savings built inside RRSPs can be substantial
Retirees and those approaching retirement are cutting back on their expenses because of the recession; they don’t need to, experts say