Seven simple ways to save money after retirement

Retirement is a time to relax and reap the seeds you sow all your life. After retirement, you have all your time, and you can use it for activities that satisfy you. Retirement is just the end of your working life. You still have decades to live for…

Canadians'household debt is still growing

Canada's average household debt hit a record high in the first quarter of 2012, but its growth rate is slowing, indicating that Canadians are moving in the right direction. "We see this in both mortgages and non-mortgages," said Richard Goyder, RBC Royal Bank's Vice President of Personal Loans. "So…

The British lost? Excess international transfer fee of US$600 million per year

Every year, 18 billion pounds are transferred from the UK, including residents of India, Nigeria, France, Pakistan, Germany and Poland. Due to excessive international transfer fees, banks pay an average of 600 million pounds a year in excess, a large part of which is deposited by Bank of…

Abinbev and Abmiller Merge: Facts (Bud, Tap)

Beer is a big business. Beer sales in the United States exceed $101 billion. Billions of dollars have been spent internationally. Although hand brewing is becoming a big part of the market and now accounts for almost one tenth of domestic beer sales, the global beer market is…

The new CRA rules will take you by surprise

If you own private company shares in your registered retirement savings plan or registered retirement savings plan, the tough new rules may catch you by surprise and impose a fine of up to 100%. The change was initially announced in the first federal budget in 2011, but was formally…

The prince's apparent lack of planning may cause heavy losses to his legacy

As an artist, the prince has a strong protection for his music. In an interview with Rolling Stone in 1996, he said, "If you don't have a master, the master will have you." However, the prince's legacy planning is not so clear. His sister, Taka Nelson, filed court papers Tuesday requesting…

The turbulent market tests the relationship between consultants and investors: how to choose the right financial manager for you

Given the volatility of the market reflected in the recent January accounts, many investors are now asking themselves if they have the right people to manage their portfolios. Especially considering the complexity of Canadian investment industry, it is a very challenging question to answer. In this industry, various market…

Consultant: Incorporate impact investments into client portfolios

Influencing investment is a kind of socially responsible investment, which refers to the investment in order to produce a positive social or environmental impact. Investment funds have many different impacts, which vary according to strategy, return target and impact target. More and more financial advisers are meeting clients…