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Annuities boosted by interest rates

Annuities in 2023 are more generous for retirees than they were in 2022.

LIFE INSURANCE | December 12 2023 10:59AM
Canada Life exits residential mortgage market

After announcing its withdrawal earlier this year, the insurer has now chosen a partner to take over its mortgage client…

INVESTMENT | December 08 2023 10:49AM
Advice leads to tax penalty for client and sanction for dealing representative

Tax-free savings accounts cannot be opened by a nonresident of Canada.

INVESTMENT | October 24 2023 10:06AM
In-force business: Data providers still missing

Despite over 25 years of efforts, digital data exchange in life insurance remains incomplete.

LIFE INSURANCE | October 09 2023 10:10AM
Discretionary trading lands investment representative $15,000 fine

Regulator says use of unapproved sales materials contrary to rules.

INVESTMENT | August 17 2023 10:26AM
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Pension plans purchase a record number of annuities

The market for group annuities, designed to secure retirement benefits for collective pension plans, reached nearly $8-b…

LIFE INSURANCE | July 13 2023 10:59AM
Life insurance: Financial results of 25 insurers in Canada in 2022

Life insurance companies boosted their net income in 2022 compared with the previous year.

LIFE INSURANCE | June 22 2023 10:55AM