Industry

Retirement more difficult for singles

The financial strain on single people in retirement is substantially higher than if they are married, a new report from the BMO Retirement Institute says. Since many clients, particularly women, will likely spend a portion of their retirement without their spouse, advisors need to create a contingency plan. Already, nearly one-half of Canadians over the […]

By Mark Noble |January 16, 2009

3 min read

Briefly:

American consumer confidence has taken another hit, according to the RBC CASH (Consumer Attitudes and Spending by Household) Index, but expectations for the future are starting to improve. A six-year low was reached for the January 2009 reading of the index, following dismal retail and employment data for the final quarter of 2008. The January […]

By Staff |January 15, 2009

3 min read

December punctuates terrible 2008: IFIC

The Investment Funds Institute of Canada can be counted on to accentuate the positive in the fund industry — for instance, sales for funds overall were positive for 2008, by $100 million. It’s pretty evident, however, that it was the worst sales year in the industry’s history, and December didn’t do much to change that. […]

By Mark Noble |January 15, 2009

3 min read

Briefly:

advancement of the status of the profession advancement of the status of the profession advancement of the standards of the profession reflection/embodiment of the profession industry visibility and knowledge impact of contribution Past winners of the award include Donald J. Johnston, founder and now retired president of FPSC; Alistair Rickard, the 2007 recipient and 2004 […]

By Staff |January 14, 2009

3 min read