Death of a spouse biggest factor leading to withdrawal
For the first time in three years, Canadians increased their contributions to RRSPs in the 2003 tax year, according to a new report from Statistics Canada. However, the number of contributors declined slightly.In total, 5,948,000 taxfilers contributed nearly $27.6 billion to an RRSP in 2003. Contributions rose 1.8% from 2002, but the number of contributors […]
Investor attitudes little changed from 2003
New report suggests reforms for Canada's pension system
Almost 70% of small business owners invest in RRSPs
One in five intend to save $100,000 or less
Ontario residents least reliant on RRSPs
Employees fail to distinguish between RPPs, RRSPs
Loans, self-directed plans aimed at independent advisors
When it comes to RSP investing, there are significant differences between the sexes in terms of risk tolerance, expected rates of return, expectations of how much is needed to retire comfortably, according to TD Waterhouse’s 2004 RSP Investor Poll.When asked what type of investor they consider themselves to be, 54% of female respondents classify themselves […]