BMO Suspends Sales of T100 Products, Large Non-Reg Annuities

BMO Insurance is suspending sales of its T100 Plus and T100 Platinum products.The insurer says that consistently low int…

LIFE INSURANCE | December 11 2014 08:22AM
Annuities: To Know Them Is to Love Them

People who know more about annuities are more inclined to buy one.According to a recent study published by the Life Insu…

LIFE INSURANCE | October 24 2014 01:06PM
Annuities ensure older clients can pay the bills

Old age is not always kind... and neither are creditors. By themselves, these two realities of life represent the main f…

HEALTH | January 22 2013 03:14PM
Advisors rediscover lifetime annuities

Advisors are seeing lifetime annuities in a new light, managing general agents said at the 2012 Insurance and Investment…

HEALTH | January 22 2013 03:12PM
Federal budget 2012: Banks may not offer annuities

As announced in December 2011, the federal government is going to propose legislative amendments to clarify the prohibit…

INVESTMENT | April 17 2012 04:04PM
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Ottawa prohibits banks from selling imitation annuities:BMO Terminates Lifetime Cash Flow Product

On the day that the federal government announced legislation that will prohibit banks from selling products that resembl…

HEALTH | January 24 2012 07:22PM
Life insurance and annuities recession-proof

Despite the recession and job losses, new annualized life insurance premium sales in Canada climbed by 3% from 2007 to 2…

HEALTH | April 26 2009 08:32PM