sa国际传媒

Nearly every financial textbook says that the No. 1 decision investors have to make that impacts investment returns is asset allocation.

The top 10 reasons for people to change their financial institution are: 1) lack of service 2) existing advisor is retiring 3) wanting to deal with an advisor with the correct licencing (i.e.

Nearly every Canadian relies on both sa国际传媒 Pension Plan (CPP) and Old Age Security (OAS) benefits in retirement. There are some distinct differences between both the CPP and OAS.

Often one of the most frequently asked financial planning questions relates to when to collect sa国际传媒 Pension Plan (CPP). The earliest you can collect retirement CPP is age 60, and the latest age is 70.

For 64 years, Canadians have been contributing to the sa国际传媒 Pension Plan. The CPP is a federal program that provides pensions to qualified contributors in retirement. Any benefits paid by the CPP are taxable both federally and provincially.

Registered Education Savings Plans (RESP) are still relatively new. Originally started in 1998, they were slow to gain traction because of some of the unreasonable rules on the account application.

Parents and grandparents who set up a Registered Education Savings Plan (RESP) are referred to as the 鈥渟ubscriber鈥�. The children or grandchildren are referred to as the 鈥渂eneficiary鈥� of the registered plan.

While back to school is looking different this year, the benefits of contributing to a Registered Education Savings Plan (RESP) have not changed.

One of the greatest gifts we can give children is education. When it comes to post-secondary education, this gift can come at a significant cost.

Active management trumps passive approach Last week, we discussed the major equity indices used around the world. We also addressed the terminology used and highlighted some of the pitfalls of monitoring the returns on indices.