Instead of recession, find out what inversion might signal Certain U.S. yield curves have inverted recently—a potential early warning sign that recession could be a year or so away. However, in the current cycle, inversion might be signalling something different to investors.
Writing an estate plan is important if you own personal assets but is all the more crucial if you also own your own business. This is due to the additional business complexities that need to be addressed, including tax issues, business succession and how to handle bigger and more complex estates. Seeking professional help from an accountant, lawyer or financial advisor is an effective way of dealing with such complexities.
Canadian homeowners have some decisions to make when they enter retirement. Retirement is a time for celebration. But it’s also a time for reflection on your finances, especially the role your home plays in your complete financial picture. And a lot of that depends on if you’re carrying a mortgage into retirement with you.
Helping executors decide how much to keep aside for complicated estates The purpose of an estate holdback is straightforward: instead of distributing all assets to beneficiaries as soon as possible, the executor “holds back” funds to pay taxes, accounting and legal bills, as well as any other costs incurred during the estate’s administration.
The 2019 budget is titled “Investing in the Middle Class. Here are the highlights from the 2019 Federal Budget. We’ve put together the key measures for: Individuals and Families Business Owners and Executives Retirement and Retirees Farmers and Fishers
Gap between independent and bank channels could be more perception than reality, however High net-worth (HNW) Canadians who work with financial advisors at independent wealth-management firms are consistently more likely to ascribe positive personality traits to their advisors than HNW clients who work with advisors in the bank-owned brokerage or bank branch channels, according to […]
An outline of the key lines to look out for in the 2018 Income Tax Year.
Millennials place greater trust in robo-advisors, compared with older investors Investors want technology to complement, not replace human advisors, according to a study commissioned by the Park Ridge, Ill.-based Million Dollar Round Table (MDRT).
Research also shows the value of “a well-informed human” advisor All that time you spend researching and explaining market conditions is worth it, finds new research. Research looking at financial advisor confidence as an economic indicator by Western University and the Financial Advisors Association of Canada (a.k.a. Advocis) has shown that the Advocis Financial Advisors […]
The former rep took advantage of a widow, the panel found A regulatory hearing panel has fined and permanently banned a former mutual fund rep after finding that he misappropriated several hundred thousand dollars from a client and failed to cooperate with regulators.