Industry News

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Retirement fears ill-founded: Russell

Almost two-thirds of Canadian pre-retirees are worried about outliving their money, but once they’re well into retirement, the fear subsides, according to a new survey conducted by Russell Investments and Harris/Decima Research. The survey of 2,200 Canadians found that only 40% of respondents felt comfortable about their financial health in the first year of retirement. […]

By Mark Noble |November 17, 2008

4 min read

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(November 14, 2008) Insurance regulators are on the right track, but are still aiming too low with proposals for oversight of incidental insurance sales, according to Advocis. A recent report by the Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations calls for mandatory training and supervision of sellers by the […]

By Staff |November 14, 2008

2 min read

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Week in review: November 10-14, 2008

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Conseiller.ca. Read this section every week to catch up on the news you missed, or click here and subscribe to get regular updates sent to your inbox or BlackBerry. When a mutual fund company says “a couple hundred […]

By Kate McCaffery |November 14, 2008

8 min read

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(November 13, 2008) It is an age-old question among men: What do women want? When it comes to defining financial success, the answer is “to be debt free,” according to the 2008 TD Waterhouse Female Investor Poll. The survey found 37% of women defined financial success as living without debt, making it the single most […]

By Staff |November 13, 2008

1 min read

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Do more with community investment

(November 2008) Businesses are starting to be measured on the basis of their community involvement — employee engagement efforts hinge on it, consumer perceptions are changed by it and special interest groups like Imagine Canada are beginning to quantify it in an effort to help businesses assess their contribution practices. The benefits of social engagement […]

By Kate McCaffery |November 13, 2008

5 min read

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(November 12, 2008) Canada’s tax system has fallen from 99th place to 105th out of a total 181 countries , according to an annual study from the World Bank, IFC, and PricewaterhouseCoopers (PwC). The report, entitled Paying Taxes 2009, shows tax authorities worldwide are overhauling tax systems by reducing taxes, streamlining administrative processes and modernizing […]

By Staff |November 12, 2008

3 min read

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(November 11, 2008) The remainder of 2008 should pass without another major meltdown in the equity markets, according to a report from CIBC World Markets, which suggests that the market has bottomed out. “We are cautiously optimistic that we can ride out the balance of the year without any further systemic shocks,” says Jeff Rubin, […]

By Staff |November 11, 2008

1 min read

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(November 10, 2008) The U.S. Federal Reserve Board and the U.S. Treasury announced this morning that it will restructure its support to the American International Group (AIG) “to establish a more durable capital structure, resolve liquidity issues, facilitate AIG’s execution of the plan to sell certain businesses in an orderly manner, promote market stability and […]

By Staff |November 10, 2008

3 min read

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(November 7, 2008) Canadians want to learn more about the tax-free savings account (TFSA) — which will be available to them in January #&151; according to a survey by Scotiabank, with 61% of poll respondents looking for more information. Several financial services firms are already accepting pre-registration for the account. The Scotia poll found that […]

By Staff |November 7, 2008

1 min read

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Week in review: November 3-7, 2008

Welcome to the weekly roundup of news affecting you, as covered by Advisor.ca and our sister publication, Conseiller.ca. Read this section every week to catch up on the news you missed, or click here and subscribe to get regular updates sent to your inbox or Blackberry. News stories we’ve covered this week include Dundee Wealth’s […]

By Kate McCaffery |November 7, 2008

8 min read

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