Life Insurance Explained

Passing down the family cottage

Learn how to manage the capital gains tax, which can be a major obstacle when passing down the family cottage to the next generation.

3 credit health tips to share with employees

Most employees are aware they have a credit score, and they know that it impacts them when they apply for a loan. A good score can not only get them approved for the big ticket item they want to finance, but it can also affect the specific loan product or interest rate offered.

Insurance

Should you get life insurance if you’re single or young?

In your 20s, you may believe you don’t need life insurance because you’re young and healthy. And if you’re single, you may not have anyone depending on your income. So why should you get life insurance when you’re young?

10 Things I’ve Learned About Wealth Management in 10 Years

The past 10 years have been in the wealth management channel. That still involves some non-profits but also includes individuals, families, corporate retirement plans and family office clients. Here are 10 things I’ve learned in my 10 years working in wealth management:

Canadians are feeling financially anxious as economic uncertainty persists

As economic uncertainty continues to weigh on Canadians, a new member survey from Advocis, The Financial Advisors Association of Canada, reveals that many households are feeling heightened financial stress and limited confidence in their ability to weather the storm.

7 tips when writing your will

Everyone should have a proper will, which is a document that expresses your wishes for how your property will be distributed if you die. If you have minor children, a will also names the person or persons who will look after them.

The ABCs of Smart Saving: RRSPs, TFSAs, FHSAs and RESPs Explained

If you’ve ever felt overwhelmed by the alphabet soup of savings accounts—RRSPs, TFSAs, FHSAs and RESPs—you’re not alone.

Retirement

Should You Pay Off Your Mortgage Before Retirement?

Paying off your mortgage early is a hotly debated personal finance topic. Both sides of the argument have strong feelings.

How you can get the most from your RRSP contributions

Building savings can be challenging – after all, there are plenty of fun things to spend money on. But the satisfaction of watching your savings grow will likely outlast the thrill of your latest online purchase.