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Latest news in Financial Planning

Focus on making philanthropy personal

With a focused approach to giving, clients can measure their impact and feel connected to their causes

Wealthy millennials will reshape philanthropic giving

Millennials are more than twice as likely as boomers to feel that leaving a legacy is important

Advocis puts new spin on financial literacy

Website and podcast timed with the opening week of Canada’s Financial Literacy Month

November is Financial Literacy Month

IFSE launches Tip of the Day awareness campaign

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement

CRA increases maximum pensionable earnings for the CPP

The increase of 2.7% to $57,400 from $55,900 was calculated according to a formula that takes into account the growth in average weekly wages and…

  • By: IE Staff
  • November 1, 2018 October 31, 2019
  • 10:00

Parental guidance

Clients with aging parents may need help in ensuring those seniors are prepared for what lies ahead

Effective tax rate rises for Canada’s top 1%

Tax filers with a total income of more than $3 million had the largest increase in their effective federal income tax rate in 2016

$250,000 salary would make Canadians feel “financially comfortable”

Income expectations vary by age

Handling passive-investment rules

Recent changes to the way that active business income earned within a private corporation is taxed may affect some of your high net-worth clients

Financial planning aids asset retention: report

U.S. advisors are increasingly using financial planning to build trust with clients

Creative differences

Self-employed artists - such as sculptors, painters, musicians and actors - face special financial planning challenges, from retirement planning to taxes

Groups introduce new strategic philanthropic designation for advisors

The program will allow advisors to develop strategic plans focused on philanthropy for individuals and families interested in charitable giving

  • By: IE Staff
  • September 20, 2018 October 31, 2019
  • 11:15

Canadians missing out on tax breaks for caregivers: poll

Canadians contribute an average $430 per month to care for aging or ill family members

Trust betrayed

Regulators and dealer firms have been slow to come up with a clear process for financial advisors to handle suspected cases of elder financial abuse.…

IFIC expands Vulnerable Investors Resource Centre

New advisor materials on capacity and decision making now available

  • By: Leah Golob
  • July 5, 2018 October 31, 2019
  • 14:00

DTC: Opening doors

Qualifying for the disability tax credit is key to receiving several valuable government benefits. Here's what you and your clients need to know about this…

Current estate plans fall short for many blended families

Financial planners must work very closely with questions to ensure their complex financial and estate goals are met

Gig economy increasingly important to post-retirement clients

Financial planners need to have proactive conversations with clients about how taking on work in retirement could affect their income taxes

More Canadians consider guaranteed life income products desirable

Segregated funds and annuities are two products that can help Canadians reach their goals

  • By: Leah Golob
  • May 15, 2018 October 31, 2019
  • 10:25

Financial literacy isn’t financial wellness for Canadian workers

Stress about retirement is the biggest financial worry among Canadians

  • By: Leah Golob
  • May 9, 2018 October 31, 2019
  • 14:45

Peering into the future

FPSC and IQPF update long-term projections for financial planners

Mental capacity: the advisor’s role

When you suspect cognitive decline in an aging client, how can you ensure you serve that client's best interests while protecting his or her privacy?

Fewer Canadians have disability insurance

Without the proper financial protection in place, workers are putting themselves and their families at risk

  • By: Leah Golob
  • April 24, 2018 October 31, 2019
  • 10:30

Cryptogiving.ca matches digital currency donors with charities

Dozens of Canadian charities are currently accepting or moving to accept cryptocurrency donations

  • By: Leah Golob
  • April 13, 2018 October 31, 2019
  • 11:15

Nearly half of existing mortgages face renewal in 2018: report

The increase in renewals comes as mortgage rates have been rising