Home Newspaper Mid-November 2008

Mid-November 2008

Comment & Insight

Since the last federal elec- tion, Louis Plamondon has been the dean of the House of Commons, an honorific title bestowed on the longest-serving MP.If…

Whole branch departures are likely a thing of the past

How did Grandpa, a Jets fan, come to have a Gretzky-autographed stick?

With no party in clear control, the stage is set for the next federal contest

Focus on Products

Using long-dated call options is one way to help clients “get out of the soup,” says Wellington West’s Charlie Spiring

Two fund managers are buying selectively; one is waiting for the dust to settle

Research shows Canadian hedge fund investors not sufficiently rewarded

TFAS applications are rolled out

Given the rocky markets, HISAs may take a bigger role in management of clients’ cash

Many people lack the self-control and willpower to save for retirement

RBC Global Bond Fund hedges, while AIC Global Bond Fund does not. But long-term performance is similar

But many Asian companies are still in good shape with reduced leverage and strong balance sheets

Investment research

Market turmoil leads to a solid investment

Despite the havoc wrought by the credit crisis, four of the major diversified banks appear to have a bright future

Data show that emerging markets have outperformed their developed counterparts in the past five- and 10-year periods

Treasury bills and bonds offer little yield in all time horizons, but they do represent safety in very tough times

Defensive companies’ 12-month change in cash indicates a tightening

Building Your Business

But clients must be aware that there are several conditions if the assets are to be protected in the case of bankruptcy

The range of RRSP loans available to investors is growing, and so are the options

Advisors should be aware of new tax-free savings accounts, as well as new RRSP and RRIF rules

More older Canadians are struggling with debt

Clients can transfer 50% of eligible pension income to lower-income spouse — the challenge is knowing when it’s beneficial

Even with pension income-splitting available, a spousal RRSP allows couples to fine-tune their incomes in retirement

No cash, but lots of contribution room? Clients can move certain investments into their RRSPs

Because there are no age limits, RRIF payments can be reinvested in a TFSA; assets can be withdrawn without clawbacks

Experts offer strategies to help clients manage RRIFs so they minimize taxes and meet their individual goals

Clients can take advantage of the Homebuyers’ Plan and the Lifelong Learning Plan

In some cases, clients can draw partial pensions benefits and still accrue pension benefits

The new tax-free savings account has altered the landscape when it comes to asset allocation

There are a range of products that can help your risk-averse clients sleep at night and protect their retirement savings

Even in the best of times, portfolios are at risk for currency fluctuations, inflation and market volatility

With lifetime benefit trusts, disabled children can receive funds from parents’ RRSPs — without losing government benefits

This growing demographic has retirement needs and challenges that are unique

News

Opportunities are few in retail and commercial banking in Quebec, so Canada’s sixth-largest bank is looking westward

Regulators in Canada, U.S. and Europe spurred by recent market turmoil to increase scrutiny

A deep decline in IPOs, secondary issues and debt issues has led to depressed profits in the securities industry

Geothermal power is clean and constant, but risky and expensive to develop

Despite the struggling economy and oil’s decline, the interest in renewable energy technologies has not subsided

Halloween is over, but many Canadians remain spooked about adding to their RRSPs this season.If any of your clients fall into that category, you can…

Although the government is looking at giving companies more time to make up funding shortfalls, experts are divided on the move

Getting the banks to lend to one another is just the first step

Assets under administration, revenue, commissions and fees have all dropped in recent months

The Montreal brokerage is celebrating its 150th anniversary by continuing to adhere to what has made it successful

Although the changes are in the industry’s favour, they don’t go far enough, say IFIC and the IIAC

In an ironic twist for insurance companies globally, the very product upon which they were building their futures is tying up their capital and potentially…

Chris Hodgson is front and centre of Scotiabank’s expansion in wealth management

But the matter of whether the SRO can go after wrongdoers in Ontario who have left the industry is still unclear