Majority plan to seek professional advice in their TFSA investments
Accounts expected to create opportunities to communicate with clients and develop “sticky” relationships
The TFSA is so flexible, clients of virtually all ages and incomes can find ways to benefit
One report suggests Canadians will have socked away $115 billion in TFSAs by 2013
Contributions accepted Jan. 2
RBC offers pre-registration for the TFSAs
Canadians will use new savings vehicle much faster than currently projected, report says
Consumers need to be educated about product, says ING Direct
Sun Life Financial today announced plans to offer its customers and group plan sponsors a number of opportunities to take full advantage of the new Tax-Free Savings Account (TFSA). Starting Jan. 1, 2009, any Canadian resident over age 18 can contribute up to $5,000 each year into a TFSA. Interest is earned tax-free and funds […]
But U.S. residents living in Canada may derive a small benefit from tax-free savings accounts