Financial Advisors & Financial Planners in Ontario are Now Regulated, Sometimes.
What is / Who can call themselves a “financial advisor” or “financial planner” in Ontario? Read what the new law says.
Life Insurance Agents in Ontario Aren’t Qualified to Make Recommendations About Life Insurance
Bottom line: Ontario’s new title regulations along with statements on the Financial Service Regulatory Authority of Ontario make one thing abundantly clear . When they license someone to sell life […]
This Is A Retirement Income Guarantee
A retirement income guarantee is: We will give you $x income per month, for life. Or it is – We will give you $x income per month, for life, indexed […]
A Surprisingly Common Estate Planning Mistake Among Ontario Lawyers
I do a lot of financial planning, group benefit & estate planning work with lawyers in Ontario. In discussing their plans I have come across a somewhat unique situation – […]
Seven Simple, Useful, Risk Management Guidelines
Life is fraught with risk – being hit by a bus, losing one’s job or spilling coffee on yourself right before that crucial once in a lifetime meeting. This article […]
Traditional Balanced Funds No Longer Work
What are balanced funds and how are they meant to work? A balanced fund is a fund that has been appropriately diversified between negatively correlated (and sometimes non-correlated) assets. A […]
Dr. Marius Bernard & Critical Illness Insurance
I have a truly renewed and reenergized appreciation for critical illness insurance. In the last six months alone those close to me have experienced a successful quadruple bypass, lost a […]
Will your critical illness policy pay for THAT particular cancer? Words Matter – Critical Illness Insurance, Cancer Definitions & What You Need To Know
If a bank, an agent or a broker is selling you a critical illness policy without this definition be very suspicious of their motives. Those who know me know that […]
Ontario Lawyers Must Read This Before Purchasing Life Insurance
I was recently asked to review the Canadian Bar Insurance Association (and Ontario Bar Association / OBA) term life insurance plan that if offers to its members. Below is a […]
Insurance Companies Are Bastards & the Life Agent’s Job as Advocate Quote
“Look, insurance companies are bastards. It’s not that they’re evil and trying to screw the little guy out of their money. It’s that they are totally, morally, apathetic. The same […]