News and resources for Canada's top financial advisors
Industry
Term insurance is a favourite of both insurance advisors and the buying public. It’s simple and reasonably inexpensive. But here's the downside.
By Helena Smeenk Pritchard |August 20, 2012
2 min read
Volatile equity markets and weak interest rates battered Manulife Financial’s Q2 2012 earnings, forcing it to report its fifth loss in the past ten quarters. Following news that low rates could cost insurers millions in the next few years, the company released its earnings. Overall, Manulife posted a $300-million loss in its second quarter, saying […]
By Wire services |August 10, 2012
Estate Planning
An insurance policy’s fine print gives you a lot of control
August 2, 2012
Life
Participating in risky activities outside of the workplace can be costly, with the non-medical underwriting procedure requires the insured to disclose any potentially dangerous hobbies or sports.
By Maureen Glenn |July 31, 2012
Canadian pension plans lost some of their first quarter gains in the second quarter of this year, as concerns over the European debt crisis and a weakening global economy pushed Canadian equities lower, according to a survey by RBC Investor Services. Within the $410 billion RBC Investor Services All Plan universe, Canadian DB pensions fell […]
By Staff |July 31, 2012
RBC Insurance has cancelled contracts with all but 14 of its MGAs.
By Melissa Shin |July 27, 2012
Low-interest rates and market volatility continue to take their toll on the insurance industry. They have claimed yet another victim, as IA Clarington has decided to discontinue its GMWB series.
By Vikram Barhat |July 27, 2012
1 min read
Living Benefits
IPPs are still an effective way to defer tax, and incentivize employees
By John Lorinc |July 27, 2012
BMO Insurance is raising level-cost-of-insurance rates on its universal life products.
By Melissa Shin and Philip Porado |July 26, 2012
Interest rates haven’t been this low since the 1930s. Here’s how one insurer is adapting
By Melissa Shin |July 23, 2012
3 min read
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