In anticipation of the launch of the Tax-Free Savings Account (TFSA) in the new year, Mavrix Fund Management Inc. said client name TFSA accounts can be opened now to be ready to accept transactions beginning on Jan. 2.“The TFSA is the most important savings vehicle since the introduction of the RRSP,” said David Balsdon, CCO, […]
Advisors can now access account applications
Biggest challenge is educating investors
Investors can now open TFSAs at AGF
38% of Canadians say they will hold equity-driven investments in TFSAs
Nearly half of Canadians are unaware of the new Tax-Free Savings Account, a TD Canada Trust survey has found. In a poll of more than 1,000 Canadians in late October, 45% of respondents were unaware of the new account. Of those who were aware of it, 22% said they did not plan to take advantage […]
Integrated platform will allow advisors to view TFSAs alongside othe registered and non-registered assets
Investors may now open a Tax-Free Savings Account (TFSA) at Franklin Templeton Investments Corp., the company announced Wednesday.Canada’s financial institutions are stepping up competitive strategies to get Canadians on board ahead of the official TFSA launch in January 2009.Introduced by the Federal government and available at the beginning of 2009, the TFSA provides Canadians the […]
Advisors can sign up clients now
Advisors should be aware of new tax-free savings accounts, as well as new RRSP and RRIF rules