Although it’s unfair for advisors to shoulder the burden of watching over senior clients’ financial safety, the regulators are leaning on advisors — understand this requirement
New report outlines best practices for serving senior clients
A large portion of older clients use the popular social-media platform
A proposed guidance will address issues of compliance, supervision and other practices when serving senior investors
New resource is part of FCAC’s program focusing on improving financial literacy around specific life events
Dealers should put more of a focus on training their advisors on how to work with seniors
Your Money Seniors builds on success of program for students
Investors can cash in on the ‘grey’ market, says CIBC report
Many seniors qualify as vulnerable because of a loss of cognitive ability and a willingness to trust others
Filing an income tax return on time is especially worthwhile for elderly clients, even if they don't have much income. Filing will give seniors access to some helpful tax credits and grants that can reduce their taxes and get them some extra money