…and some other provinces, you and your spouse can waive your spouse’s right to this entitlement. Payments made to any non-spouse beneficiary can be paid out in cash and are…
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What diversification means for your investments
…can be effective because the values of bonds with strong credit ratings and those of bonds with weak credit ratings respond differently to changes in the economy. Similarly, bond values…
Steps to offering a financial lifeline
There are many reasons why someone might be struggling financially. Job loss, health challenges, or a sudden financial emergency could cause hardship, preventing someone from staying afloat. In times like…
Disability insurance basics
…if you are unable to work because of illness or injury. On this page you’ll find Why is disability coverage important? When is the best time to get disability insurance?…
What is a pension plan and how does it work?
…years. On this page you’ll find What is a pension plan? How do defined benefit (DB) pension plans work? How do defined contribution (DC) plans work? What is a workplace…
Where to go if you have a concern or complaint
…advisors Insurance Mortgage brokers Consumer protection laws (door-to-door sales; home renovations…) Credit cards Ombudsman for Banking Services and Investments (OBSI) x x Ontario Securities Commission (OSC) …
Managing your finances solo
…might consider adding that to your to-do list. Your credit report (and credit score) contains information that can be used by lenders to determine your credit worthiness. This is especially…
Using trusts in estate planning
…depend on the intended use and your personal situation. 1. You have children from a previous marriage If you remarry, a trust can provide support for your spouse during their…
What are the different types of exchange-traded funds (ETFs)?
…ETF differs from purchasing the underlying cryptocurrency directly because the ETF’s fund manager will usually engage in additional strategies to earn income for investors. Such strategies can include the use…
Get your finances vacation ready
…lost property, you can sleep better knowing you’ve got funds to pay for it. Some credit cards also provide coverage for lost luggage, so it may help to check the…