Industry

Planner progress

(February, 2006) Much of the industry has embraced the CFP designation, but there’s still room for improvement. The Financial Planners Standards Council (FPSC) has come a long way from being known as “just two people and a fax machine.” The organization recently celebrated its 10th anniversary and with that milestone, FPSC president Donald Johnston has […]

By Deanne Gage |February 8, 2006

3 min read

Raise inflation projections for retirees, planner recommends

It’s a question advisors have debated for years: What’s the appropriate rate of inflation when creating financial plans for clients? At least one planner believes inflation assumptions are too low, particularly for retirees. Peter Baigent, CFP, head of Kelowna,B.C.-based Money Minders Software, concedes there are logical arguments for both sides of the inflation question. Some […]

By Doug Watt |February 8, 2006

2 min read

Not all giants are the same

When an advisor suggests exposure to the booming Asian economy, most clients will automatically think of China. Mention technology, they may think of the hardware capitals like Japan or Korea. But if you’re looking for a high-tech service sector, India could be the place to be. Investors are often tempted to compare India to China, […]

By Steven Lamb |February 8, 2006

3 min read

Seamark reports weaker 2005 profits

Seamark Asset Management earned $11.2 million in 2005, down from $13.2 million the previous year, as the Halifax-based firm stayed true to its traditional stock-picking approach and lost a major institutional client. “Over the past few years, our investment style has been somewhat out of favour in the marketplace and our assets have suffered,” said […]

By Doug Watt |February 7, 2006

2 min read