Although seg funds with guaranteed income have been the recent story in insurance, the trend is shifting (includes chart)
Increases are based on the fact that massive liability in segregated funds had come due with the firm’s balance sheet intact
Having access to defined-benefit plans and equity-ownership programs makes a positive difference
Halifax advisor Bill Moffat can spend years preparing a business for sale
Provincial and territorial insurance bodies will soon deliver a consultation paper
Firms are still failing to meet advisors’ expectations when it comes to back office and administrative support
Two Ontario-based companies are underwater after failing to match premiums and death benefits
Planners suggest looking carefully at actual client liabilities and needs before using riders for additional coverage
Despite the general dissatisfaction, there were a few bright lights as some firms were commended for their offerings (includes chart)
But equities markets’ better performance has eased the pressure on these firms greatly