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Upward mobility in Canada is not what it used to be

Published By: Insurance Journal Author: Andrew Rickard  Date: June 28, 2016  09:53 a.m. Will you die in the class you were born? Research conducted by Statistics Canada on intergenerational earnings has found that Canadians do not have the kind of upward mobility that previous generations may have enjoyed. Comparative studies of intergenerational earnings and income mobility tend to rank […]

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Canadian approach to pensions is “wrong headed”

Published By: Insurance Journal Author: Andrew Rickard  Date of Publication: July 18, 2016  01:29 p.m. The Fraser Institute argues that Australia’s system of mandatory individual retirement saving accounts is preferable to the Canada Pension Plan’s (CPP) collective model. In an article posted to the Fraser Institute web site last week, authors Charles Lammam and Hugh MacIntyre describe the recent agreement to expand the […]

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Be careful when advising seniors

Published By: Insurance Journal Author: Andrew Rickard  Date Published: July 22, 2016  01:34 p.m. The Ontario Securities Commission (OSC) says some advisors are not collecting and maintaining adequate Know Your Client (KYC) information, and is warning against the inappropriate use of client testimonials. The regulator is also concerned about the quality of advice that is being offered to seniors […]

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2016 Canada Sales Congress Industry Panel (Kim Stanley)

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If you were born outside of the country, you may live longer

Published By: Insurance Journal Author: Andrew Rickard  Date Published: June 30, 2016  10:03 a.m. Once they begin collecting their Old Age Security (OAS) payments at age 65 the typical Canadian will live about twenty years, but those who were born outside of the country tend to live a little longer. The Office of the Chief Actuary, which operates […]