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 […]
Month: March 2019
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 […]
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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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 […]