How Can Business Owners Fund Their Retirement?

how can business owners fund their retirement

In light of all the changes proposed by the Federal Liberal Government in July 2017, the sensitivity around the excessive taxing of small business owners has raised some eyebrows.  The proposed changes took into consideration heavily taxing any passive income that exists within a business, scrutinizing how business owners sprinkle income to family members and some other controversial measures.  Even … Read More

Severe Consequences of Increased Minimum Wage

increased minimum wage

Kathleen Wynne and her Ontario Liberal government’s decision for an increased minimum wage from $11.40 to $14.00 on January 1, 2018 and to $15.00 on January 1, 2019 is nothing more than an attempt to grab votes.  Ironically, the people she is trying to woo will probably become the casualty of this fiscal irresponsibility. A lot has been written about … Read More

Why Segregated Funds? Try Investing With a Safety Net

Why Segregated Funds

8 Reasons Why Segregated Funds Might Be a Better Investment Option for You Investing in today’s environment is not for the faint of heart. However, fortunately for Canadians, Segregated Fund products offered by many life insurance companies provide a safety net for nervous investors. Fund products present some interesting opportunities for people looking to get more security in their investment … Read More

The Winds of Change in the Employee Benefit World

There appears to be a growing disconnect between employee benefit plan sponsors and the employees who use the plan.  This is what prompts us to believe that there will be inevitable change in the employee benefit world.  There appears to be a growing frustration between the two parties. Never before in employee benefits has there been the numerous external factors … Read More

Estate Planning for Blended Families

Relationships are challenging at the best of times.  The complexity of two families coming together under one roof is likely anything but harmonious.  The intricacy of two families’ merging children can cause resentment, acrimony and imbalance.  This can cause a tremendous amount of stress to any relationship, let alone when the decision to blend two families under one roof.  The … Read More

How Life Insurance Can Help Your Favourite Charity?

Life Insurance Can Help Your Favourite Charity

The gifting of life insurance to registered charities has always been a popular method for individuals to fulfill their philanthropic goals, and worth considering when it comes to a charity that is near and dear to your heart. There are basically two options when donating life insurance to a charity: donate a policy while one is alive or make the … Read More

Why Do Wealthy Individuals Need Life Insurance?

wealthy individuals need life insurance

If you have ever thought that life insurance was something you wouldn’t need after you reached a certain level of financial security, you might be interested in knowing why many wealthy individuals need life insurance and still carry large amounts of life insurance.  Consider the following: A life insurance advisor in California recently placed a $201 million dollar life insurance … Read More