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Tax Matters

Jamie Golombek

As managing director of tax and estate planning with CIBC Financial Planning & Advice in Toronto, Jamie Golombek is quoted frequently in the national media as an expert on taxation.

Getting a tax refund is a sign of poor tax planning, so help clients reduce the taxes their employers withhold for the rest of 2017

  • May 1, 2017 December 15, 2017
  • 05:00

The feds didn’t tackle many expected tax issues, but made it clear they’re reviewing some tax planning strategies involving the use of private corporations

  • April 3, 2017 December 15, 2017
  • 06:00

Although the Liberals have not discussed increasing the capital gains inclusion rate, such a measure shouldn’t be ruled out

  • March 6, 2017 December 15, 2017
  • 06:00

A reduction in the highest U.S. income tax bracket could encourage high earners to move stateside while a repeal of the estate tax means complex planning may not be needed

  • February 6, 2017 December 15, 2017
  • 06:00

Here are 10 strategies to help clients minimize their tax burden and maximize their financial positions

  • January 9, 2017 December 15, 2017
  • 06:00

If your clients are sitting on some significant accrued capital gains, you could remind them about donating appreciated securities “in-kind” to the charity of their choice

  • December 12, 2016 December 15, 2017
  • 06:00

Given the proliferation of “boutique” tax credits, it’s clear that all of us could benefit from a simpler tax system

  • November 14, 2016 December 15, 2017
  • 06:00

There are three tax strategies expiring at the end of the year that clients should take advantage of before Dec. 31

  • October 17, 2016 December 15, 2017
  • 05:00

Advisors can play a key role in ensuring clients understand and prepare for the costs related to their kids’ post-secondary education

  • September 19, 2016 December 15, 2017
  • 05:00

Advisors can play a huge role in facilitating a discussion about financial planning for newlywed couples, many of whom have not discussed their finances in great detail

  • August 22, 2016 December 15, 2017
  • 05:00

More columnists

Advisor at Risk

Ellen Bessner

Legal help is critical in regulatory interview process

Lawyers may cost money, but they can help you be prepared to protect your licence, livelihood and reputation when speaking with regulators

  • February 16, 2018 February 16, 2018
  • 16:50

Beware of unforgiving and aggressive regulators

Pressures to build your business should not lead advisors to disregard compliance

  • January 17, 2018 January 25, 2018
  • 14:00

Entrepreneurial advisors need to find the right balance

There are various reasons why advisors take risks and get into trouble with regulators; here are some key measures you could take to protect yourself

  • December 17, 2017 December 17, 2017
  • 20:00

AI cannot replace human advisors

Services such as robo-advisors lack the ability to truly understand clients like financial advisors do

  • November 19, 2017 November 19, 2017
  • 17:20
Industry Perspectives

Ian Russell

Technology offers significant opportunities

Electronic wealth-management platforms could improve the prospects of small and mid-sized investment dealers

  • February 14, 2018 February 14, 2018
  • 13:55

Renovating the rulebook must be a top priority for regulators

More attention needs to be paid to enhancing market efficiency by lowering costs and lightening the regulatory burden for registrants

  • December 14, 2017 January 21, 2018
  • 06:00

Regulators must avoid unintended consequences

As a new survey reveals that investors have trust their advisors, proper steps need to be taken to ensure advisors are allowed to thrive

  • October 19, 2017 January 17, 2018
  • 06:00

MiFID II represents a challenge for Canadian dealers

Whether Canadian securities dealers can establish a global model of payment for research will depend on U.S. regulatory accommodation to MiFID II

  • August 16, 2017 December 15, 2017
  • 17:00
Tax Matters

Jamie Golombek

RRSPs remain the best choice for most clients

Although clients may be upset at having to pay taxes on their RRSP and RRIF withdrawals, RRSPs are the optimal, long-term savings vehicle for most…

  • February 9, 2018 February 9, 2018
  • 13:59

Three tax resolutions for 2018

Here are three simple tax strategies you and your clients should keep in mind for minimizing taxes this year

  • January 15, 2018 January 25, 2018
  • 07:05

Tips for yearend charitable donations

There are three key tax considerations you and your clients should keep in mind when making decisions on charitable donations for the end of 2017

  • December 10, 2017 December 10, 2017
  • 16:00

Capital gains tax needs to be reduced or abolished

There are many benefits to be had for investors and the overall economy as a whole if the capital gains tax is eliminated

  • November 12, 2017 November 12, 2017
  • 18:00
Focus on Financial Planning

Cary List

Professional advice in greater need than ever

Financial planners and advisors have the skills to provide real discipline to help clients stay true to their principles in times when panic sets in

  • February 2, 2018 February 2, 2018
  • 15:31

Shaping the future of financial planning

The global Financial Planning Standards Board is focused on helping financial planners adapt to changing market dynamics and technology

  • December 3, 2017 January 17, 2018
  • 13:00

Financial planners play key role in improving financial literacy

Financial planners must be able to communicate in a manner that clients can understand, absorb and convert advice into appropriate action

  • October 9, 2017 October 9, 2017
  • 18:30

“Financial advisor” and “financial planner” are not the same

It’s time that either the term “financial advisor” truly means something — separate and apart from the licence to sell a product — or to…

  • August 13, 2017 December 15, 2017
  • 12:45
Responsible Investing

Dustyn Lanz

Making sense of the debate on fossil fuel divestment

We need to allocate capital to sustainability leaders across many sectors and invest in companies supporting the transition to a low-carbon economy

  • January 26, 2018 January 26, 2018
  • 14:15

Responsible investors have burning questions about cannabis

Determining whether marijuana is a responsible investment depends on several fundamental factors that should be discussed with an investment professional versed in ESG analysis

  • November 26, 2017 January 21, 2018
  • 18:00

Talking about responsible investing pays off

The majority of investors who care about whether their money is helping or hurting society find it valuable when their advisors focus on responsible investing

  • October 1, 2017 October 1, 2017
  • 17:15

Turning climate concerns into action

Improved corporate disclosure on climate risks is needed to help investors understand long-term investment opportunities

  • August 7, 2017 December 15, 2017
  • 12:00
Focus on Financial Planning

Keith Costello

Investor behaviour biases are still paramount

Financial planners and financial advisors need to understand the behavioural finance categories that their clients fit into

  • January 8, 2018 January 25, 2018
  • 06:00

Changes in public policy pose great risk for retirement planning

Financial planners and advisors need to factor in volatile government policy, such as changes to tax policy, when helping clients plan for retirement

  • November 6, 2017 November 6, 2017
  • 06:30

Speak softly to your clients

Financial planners and financial advisors need to embrace soft skills to succeed in the future

  • September 10, 2017 December 15, 2017
  • 17:00

Banning embedded commissions may not be the holy grail for investors

Ethics and disclosure are key to whatever compensation model financial planners and financial advisors employ

  • July 17, 2017 December 15, 2017
  • 05:00

Technology will drive harmonization, regulators say

The insurance industry is taking a page from the mutual fund industry, leveraging technology to address mounting disclosure regulations

  • January 2, 2018 January 25, 2018
  • 10:30

AI is not just another fad

AI is slowly making its way into the wealth-management industry and will ultimately transform financial advisors’ role

  • October 29, 2017 October 29, 2017
  • 13:00

Is financial services the next music industry?

Blockchain technology may transform financial services just as peer-to-peer file-sharing technology changed the music industry almost 20 years ago

  • September 4, 2017 December 15, 2017
  • 17:00

Clients want humans, not robots

Far from replacing interaction with real people, technology strengthens the financial advisor’s client service

  • July 10, 2017 December 15, 2017
  • 05:00
Cybersecurity

Yan Huard

Managing the risks related to social media

Read and follow your firm’s guidelines on social media use and take the necessary steps to protect yourself

  • September 20, 2017 January 21, 2018
  • 16:20

Why security professionals fell short on ransomware attacks

Although it’s costly to upgrade key IT systems, the costs of not doing so could be much greater

  • July 27, 2017 December 15, 2017
  • 05:00

Cyberthreats extend beyond money

Hacktivism, ideological insiders and intelligence gathering are key sources of cyberattacks threating financial services firms

  • May 25, 2017 December 15, 2017
  • 09:30

Cloud computing: Bringing light to security issues

Now is the time to adopt a concerted cloud migration strategy because the security challenges associated with this technology will be on our radar screens…

  • March 23, 2017 December 15, 2017
  • 06:00
Responsible Investing

Deb Abbey

The need for sustainable business supply chains is growing

Advisors and their clients stand to benefit when corporate leaders focus on building socially and environmentally responsible enterprises

  • February 21, 2017 January 21, 2018
  • 06:00

Opportunity knocks for investors who want to make an impact

A growing base of investors are looking for investments that contribute measurably to environmental and social sustainability

  • October 20, 2016 December 15, 2017
  • 05:00

Diversity makes dollars and sense

Corporate boards and executive teams that lack gender and cultural diversity risk missing out on opportunities to generate long-term value

  • August 18, 2016 December 15, 2017
  • 05:00

Good corporate governance matters

You can play an active role in ensuring company executives and directors are working in the best interests of their shareholders

  • June 16, 2016 December 15, 2017
  • 05:00
Protecting Investors

Neil Gross

Be bold, regulators

Those still timorous and uncertain about introducing a best interest duty have a duty, themselves, to become decisive

  • October 31, 2016 January 21, 2018
  • 05:00

Non-GAAP metrics: investors’ little helpers or harmful nonsense?

Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled

  • October 3, 2016 January 17, 2018
  • 05:00

Class dismissed

Overcautious courts are erecting barriers to securities class actions, even though these lawsuits are essential for maintaining the integrity and fairness of our capital markets

  • September 6, 2016 December 15, 2017
  • 09:00

Why is deficient issuer disclosure allowed to persist?

Data show that investors routinely receive, or are at risk of receiving, seriously bad disclosure from reporting issuers more than a quarter of the time

  • August 8, 2016 December 15, 2017
  • 06:30
Protecting Investors

Ermanno Pascutto

The CSA must act on critical reforms

Two key issues — the best-interests standard and reform of mutual fund fees — require timely and effective action

  • March 2, 2014 January 21, 2018
  • 16:31

Treat shareholders fairly when venture issuers raise capital

FAIR Canada supports exemptions that have the key features of rights offerings or private placements in compliance with the TSXV’s private placement rules

  • February 3, 2014 December 15, 2017
  • 06:15

Reform of accredited investor exemption is needed

Current regulations assume that an investor’s wealth is a proxy for sophistication. This has to change

  • January 6, 2014 December 15, 2017
  • 06:30

Canadians deserve real price competition in mutual funds

Paying fees for financial advice separately from those of financial products would result in price competition and better advice

  • November 25, 2013 January 17, 2018
  • 06:00