Seniors now make up 19.9% of New Brunswick’s population — the highest percentage in the country.
Industry and regulators need to apply greater resources to stop financial fraud against seniors
The IAP notes such provisions were recently adopted in the U.S.
Matthew Urback flags key points in the estates process where advisors can act to protect both their clients and their practice from the impacts of elder abuse (Part 1 of 4)
The regulator released a video providing advice for senior investors on what to consider when their existing advisor retires
A rise in debt levels or wages, more favourable employment opportunities, or better health may be driving seniors to work, StatsCan reports
The groups are aiming to develop a mechanism to help firms and advisors protect clients who may be victims of elder abuse or with diminished mental capacity
Advisors might work to factor in the projected costs for caregiving when drafting clients’ retirement plan, CIBC report suggests