Industry

Dollars & Sense: Clients happy, but confused

Canadian advisors can take pride in the satisfaction they give their clients, but on the topic of compensation, there is still a gulf between client perception and reality, according to the Sixth Annual Dollars & Sense Survey, conducted for the ADVISOR Group. On average, survey respondents served 374 clients, representing 277 client households. Almost half […]

By Steven Lamb |November 12, 2007

3 min read

Briefly:

(November 9, 2007) American consumer confidence took a nosedive at the beginning of this month, hitting its lowest point in two years, according to the latest reading of the RBC Consumer Attitudes and Spending by Household (CASH) Index. Not surprisingly, the culprits in driving sentiment down are rising oil prices and falling home values. “This […]

By Staff |November 9, 2007

4 min read

Canadians want LTC, but still aren’t buying: Survey

Canadians are worried about their long-term health care needs in retirement, even though their uptake in buying long-term care insurance remains relatively flat, according to a survey conducted for Manulife Financial. The survey found that 57% of respondents were worried about their ability to afford either home care or a health care facility in their […]

By Mark Noble |November 9, 2007

4 min read

U.S. recession looking more likely

America faces a better than 50% chance of a recession, according to a leading commentator from south of the border. “I wrote a piece last fall saying we had a 50/50 chance of a recession by late 2007, into 2008,” says Liz Ann Sonders, chief investment strategist at Charles Schwab & Co. “I would say […]

By Steven Lamb |November 9, 2007

4 min read