Whole Life Insurance – A Whole New Asset Class
The recent developments in investment markets and the volatile performance that has resulted have brought about a new appeal to an old workhorse. For investors looking for a diversification in their investment portfolio and a more tax-efficient fixed income investment alternative, a compelling argument can be made for the use of Whole Life Insurance.
Extended COVID-19 Federal Emergency Benefits
On Friday, February 19, 2021, Prime Minister Justin Trudeau announced an extension to:
– Canada Recovery Benefit
– Canada Recovery Caregiving Benefit
– Canada Recovery Sickness Benefit
– Employment Insurance
Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients
Great news for some ineligible self-employed Canadians who received the Canada Emergency Response Benefit (CERB)
2021 Financial Calendar
We’ve put together a financial calendar for 2021. It contains all the dates you need to know to make the most of your government benefits and investment options. Whether you want to bookmark this or print it out and post it somewhere prominent, you’ll have everything you need to know in one place!
Do You Need Life Insurance?
Canadians may need to rethink their risk management In a recent study conducted by the Life Insurance and Market Research Association (LIMRA), it was reported that 61% of Canadians hold some form of life insurance. Surprisingly, it also revealed that only 38% of Canadians own an individual life insurance contract.
Boomer + Sandwich Generation + Club Sandwich + Boomerang = Financial Instability
Chances are good that you have clients who are concerned with their aging parents as well as their own maturing children. This article explains what the Sandwich Generation is, the challenge it presents and the special planning that this demographic requires. Significant opportunities exist for advisors at this time with these clients and prospects. This article provides a good segue into opening a discussion with both accountants and clients.