Life

FaceOff: Conventional annuities versus GMWBs

Participants: Bruce Cumming, president of Cumming & Cumming Wealth Management, David Wm. Brown, certified financial planner and partner at Al G. Brown and Associates. Bruce Cumming: The biggest argument for conventional annuities is that you get a 5% guaranteed return and the prospect of even higher returns if the markets perform well. Though research shows […]

By Staff |March 1, 2010

9 min read

Retirement income modelling

Getting an accurate picture of a client’s retirement prospects requires advisors to drive their planning software harder than they might be accustomed to. Indeed, a February 8, 2010 article by Stephen Lamb on Advisor.ca was right on the money. In it, Lamb noted: “Retirement funding is a complex machine, with several moving parts . . […]

By John Armstrong |March 1, 2010

6 min read

Ulcerative Colitis: is it insurable?

Are people with ulcerative colitis—a chronic inflammatory bowel disease—eligible for life or critical illness insurance? It all depends on the severity of the disease. The trick is to gain a better knowledge of ulcerative colitis (UC), its complications, and how it is underwritten to help make the underwriting process less frustrating for the advisor and […]

By Carmela Tedesco |March 1, 2010

8 min read

Liquidating life insurance

Life insurance is often an important tool for funding a liquidity event, such as the death of a business owner, as the proceeds can be used to immediately pay off creditors and provide often much-needed cash flow in a time of business uncertainty. Business owners who operate their business through a corporation often choose to […]

February 18, 2010

3 min read