SPOTLIGHT: Focus on Insurance
Put Insurance Trusts To Work For Your Clients
Globe and Mail Tax Columnist Tim Cestnick tackles insurance trusts, plus
which clients and situations they fit. Find out some of the nuances of
special needs trusts, spousal trusts, and more.
Critical Illness Insurance May Fill Important
Your clients may think having
disability insurance means they don't need critical illness insurance, but
this primer explains why CI is a key part of any complete insurance portfolio.
Read what makes CI valuable, how and why it kicks in, and some details on
FINANCIAL PLANNING: Fund Fee
Inquiry; Client Case Study
It's Time For Mutual Funds to Stop Burying Fees in Muddy MERs
The MER provides some indication of how much your client pays for
owning a fund, but is it adequate? Here, Rob Carrick discusses what fund
companies are required to disclose, and what a fuller fee breakout might look
Heavy Debt Proves Hazardous for Couple
Living large on a modest salary is a party that has to end sometime.
Read how a financial planner advised a couple on how to stop living beyond
their means. Plus: why debt is like "compound interest in reverse".
MARKETS: S&P/TSX Index Surges;
Small Cap Stocks Set to Outperform?
Manager Bullish On Small Caps
Small caps have had a solid run over the past year, and word from
some of those in the know is we haven't seen the half of it. Read why this
Scotia Cassels fund manager thinks Canadian small-cap issues are in the early
stages of a long-overdue period of outperformance.
Tech, Travel Propel Indexes Higher
Bay Street analysts' predictions of mounting demand in key sectors are
sending Canada's benchmark S&P/ TSX index higher. Read which gainers are
leading the pack.
BOARD GAMES: A Report On
Governance Changes More Than Skin Deep
The annual Report on Business assessment of corporate governance in
Canada shows that practices have improved over the past year. It's getting
better — but we're not there yet, Janet McFarland explains. Read the details
on progress, plus what remains to be done.
Independent Has Many Meanings
The OSC is asking corporate Canada for feedback on defining an
"independent" member of a board of directors. Once an official definition
is in place, putting Uncle Bob on the board may not qualify.
Stock Options Debate Heats Up
Many companies are still handing out stock options to execs at a
"dizzying rate", this report from Report on Business writer Elizabeth Church
finds. This controversial form of compensation serves to reduce
shareholders' stake in the company.
ON FUNDAMENTALS: Inflation and
Inflation Continues Six-Month Decrease
Canada's core inflation rate is "dropping like a stone", which
analysts say means the central bank will leave interest rates unchanged until
later next year.
Whither An 80-Cent Dollar?
The chief economist and strategist of National Bank Financial has
forecast that the Canadian dollar could rise to 80 cents (U.S.) by the
fall of next year.
INDUSTRY NEWS: Moves By IPC &
IPC Back in Play After Rejecting Offer
IPC Financial Network is still on the block. Read about the
potential bidders who may score a place on the "short list" of interested
Berkshire Acquires TWC In Cash, Stock Deal
Berkshire Group of Companies has just acquired privately held TWC
Group of Companies Inc. The merged entity will boast more than a thousand
advisors, and Berkshire head Michael Lee-Chin says they will remain "fiercely