The average debt per Canadian household rose by only 0.3% in 2012, as most Canadians slowed or stopped their borrowing. Seniors were the exception, as their debt levels increased by an average 15.1%, according to a survey by Ipsos-Reid Corp. Although that may sound like a disturbing trend, seniors have a history of adding to […]
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As the population ages, you will have more elderly clients
Better resources are needed to help seniors find a qualified financial advisor
After age 60, clients may become less financially literate
Younger and older Canadian families are struggling with the effects of the recession
BCSC investment fraud vulnerability report finds that many older Canadians don’t understand the trade-off between risk and return
A growing number of elderly people are falling victim to those empowered to look out for them. What can you do to protect your clients?
The majority hope to pay off their homes by retirement
A new report finds average mortgage debt among retirees has doubled over the past decade — more than for any other age group