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Clients should consult advisors before spending big

By Alain Thériault | July 14, 2021, 1:30 p.m.

Canadian financial advisors need to have a serious talk with clients who are pondering big-ticket purchases in the post-pandemic era, says Advocis.

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Full year mutual fund and exchange traded fund statistics published for 2022

Ontario regulator strikes auto reform advisory committee

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Association continues lobbying provinces ahead of provincial budget releases

Permanent Life

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Equitable Bank expands insurance lending program

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Universal Life

Canadian life insurance application activity flat year-to-date

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Whole life

Two new high net value insurance products emerge back-to-back

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Living Benefits

Employment Insurance sickness benefit period increasing

Lack of urgency about sustainable pensions is putting many seniors at risk

Individual critical illness insurance: The main products available in Canada

Study indicates a significant gap in access to care for chronically ill

Disability insurance

Navacord’s Paisley Partners makes acquisition

Residual income loss: adviser wins appeal court case against his insurer

Disability insurance: 17 options in two product lines

COVID-19 boosting Canadians’ interest in online insurance transactions

Life Insurance

Full year fund sales decline

Cost of employer medical benefits forecast to rise 7.5 per cent in 2023

Mutual fund net redemptions continue

Sun Life employees gain expanded benefits

ADVOCIS

Regulator orders credentialling bodies to complete annual returns

Advisors observe positive shift in clients’ attitudes toward financial planning

Insurance industry is making changes to protect vulnerable clients

Pollock to represent advisors on Ontario regulatory committee

Strategy

Academic medical centre to serve as Manulife’s new medical director

iA Financial appoints new wealth management executive

Great-West Lifeco promotes chief actuary

Morisset to leave the Autorité des marchés financiers in July

Analytic

A look at belonging and business outcomes

Canadians living beyond their means on average

Severe weather caused $3.1-billion in insured damage in 2022

Creditor insurance essential to protect repayments

Wealth management

Aggregate funded position of defined benefit plans increased in 2022

Repaying debt biggest priority for Canadians

Research examines biases impacting financial planners’ recommendations

TD results in 2022: Wealth Management down 9.7%, Insurance 3.2%

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Regulator publishes in-depth look at vulnerable consumers

FP Canada publishes Certified Financial Planner exam results

High-net worth clients concerned, but may lack perspective

Technology: Imperative for financial planners to become “agents of change”

Economy

Investment in 2023: Signs of a recession prompt calls for caution

Business association says recession is avoidable in first quarter

ATB Financial publishes Alberta economic outlook

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COVID19

Insurance association submits budget recommendations to Alberta

Pension plans better positioned to mitigate risk

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Clients should consult advisors before spending big

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