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advisor news
How life insurers are simplifying the application process to increase uptake
About 15 years ago, my mother-in-law changed the beneficiary on her life-insurance policy from her ex-husband to their children. My father-in-law wants his children to return the money to him as he feels he is the rightful beneficiary.
globe advisor weekly newsletter
Aging population will affect how life insurance is sold
Finance and insurance concept, hand holding red umbrella with dollar gold coins
report on business
Insurance agents facing penalties and discipline after Ontario regulators uncover ‘harmful’ sales practices
The offices of Greatway Financial in Calgary, Alta., Tuesday, Feb. 7, 2023. THE CANADIAN PRESS/Jeff McIntosh
advisor news
How to use permanent life insurance to create tax efficiency in estate planning, grow a business
Life insurance protection umbrella family risk
canada
Insurance association warns federal dental plan could lead employers to drop coverage
An association of health insurance providers warns it might not be worth it for small businesses to provide dental benefits to some employees once the government launches a national dental plan, and is pitching a tax credit to convince them not to drop their coverage. A dentist holds a toothbrush and toothpaste in Seattle on Friday, Aug. 3, 2018. THE CANADIAN PRESS/AP Photo/Elaine Thompson
report on business
Sun Life unit inks $260-million deal with Hong Kong-based Dah Sing Ban
FILE PHOTO: FILE PHOTO: The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren//File Photo/File Photo
young money
Do younger Canadians need life insurance?
A couple is silhouetted against moonlight reflecting off the Missouri River as they watch the full moon rise beyond downtown buildings in Kansas City, Mo. June 27, 2018. According to insurance tech company Zelros, younger people are less likely to have life insurance, with just over half of those aged 18-34 covered by life insurance. But experts say the decision about whether to get life insurance isn’t about how old you are. THE CANADIAN PRESS/AP/Charlie Riedel
report on business
Ontario’s insurance regulator orders Greatway Financial to overhaul training of advisers
Canadian $100 bills are counted in Toronto, Feb. 2, 2016. The Financial Services Regulatory Authority of Ontario says anyone using the financial planner or advisor title will soon be overseen by a credentialing body and subject to a complaints and discipline process. THE CANADIAN PRESS/Graeme Roy
carrick on money
‘There is no fun spin on reality – 2023 will be brutal on a lot of families’
Rob Carrick
globe advisor: top advisors
Why these equities are the ‘most exciting trade’ for Canada’s top wealth advisor
A silhouetted businessman stands on top of a mountain peak and looks into the distance with a spyglass in front of a dramatic sunset in the distance.
opinion
What to expect financially when you’re expecting
Alexandra Horwood
report on business
Insurers see leap in claims for mental health services amid pandemic strains
People walking past the Bank of Nova Scotia, on Bay St. in Toronto’s Financial District are photographed on July 12, 2022. Fred Lum/The Globe and Mail.
globe investor
Why money is just one piece of the retirement puzzle, top 10 uses for life insurance and how to factor rising condo fees into your budget
working asian chinese senior colleague back to work with face mask greeting on each other in office morning
international business
NYSE delistings signal Beijing may be willing to compromise on U.S. audit dispute, analysts say
FILE PHOTO: A trader enters the floor of the New York Stock Exchange (NYSE) in New York City, U.S. June 14, 2022. REUTERS/Brendan McDermid/File Photo
international business
Five Chinese state-owned companies to delist from NYSE amid U.S. tensions
FILE PHOTO: A trader walks on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2022. REUTERS/Andrew Kelly
tax matters
The top 10 creative uses of life insurance in financial planning
Tim Cestnick
your practice
What to know before agreeing to be an executor of a will
A ballpoint pen and a mobile phone rest on top of a last will and testament document that is part of the estate planning process. This image is photographed using a very shallow depth of field.
advisor news
Insurance for transgender, non-binary clients still based on male and female pricing tables
LGBT couple dealing with her problems in online psychotherapy using laptop at home.
carrick on money
Seniors, how’s inflation treating you?
Rob Carrick
your practice
Immediate financing arrangements that leverage permanent life insurance policies grow in popularity
Close-up shot of senior husband and wife sitting at cozy office and studying life insurance policy, female agent assisting them
your practice
Ontario ramps up life insurance agent oversight amid advisor-planner title standards uncertainty
Middle aged female financial advisor explaining investment plans to a senior couple at home
your practice
Insurance complaints rise as FSRA ramps up enforcement and clarifies rules
Close-up shot of senior husband and wife sitting at cozy office and studying life insurance policy, female agent assisting them
globe investor
The pros and cons of buying life insurance when you’re older, which portfolio assets you should spend first in retirement and some advice on converting an RRSP
Insurance broker and senior couple at home with folders
carrick on money
Have you answered the ‘what happens to my family if I die suddenly’ question?
Rob Carrick
life
The pros and cons of buying life insurance in retirement
Insurance broker and senior couple at home with folders
analysis
Four changes to Ontario’s estate planning laws advisors and their clients need to consider
Hopeless and upset couple in therapy. Counseling or meeting with marriage counselor or adoption psychologist. Argument and dispute about divorce, alimony, prenup, cheating, betrayal or custody battle.
advisor stocks
Faith-based investing’s influence grows with popularity of responsible investment
Business meeting
international business
HSBC receives regulatory approval to buy out life insurance joint venture in China
FILE PHOTO: The HSBC bank logo is seen in the Canary Wharf financial district in London, Britain, March 3, 2016. REUTERS/Reinhard Krause
tax matters
Four ways to help out your favourite charity with life insurance
Tim Cestnick
carrick on money
The Too Good To Go app cuts food waste while saving you money
Rob Carrick
household finances
No one-size-fits-all answer for when young people should buy life insurance, expert says
Des Carter, right, his partner and their dog pose for a portrait in London, England, in a Nov. 20, 2020, handout photo. Carter made the decision to buy life insurance five years ago when he and his partner were seeking a mortgage approval to purchase their first home together. THE CANADIAN PRESS/HO-Des Carter, *MANDATORY CREDIT*
report on business
Great-West base earnings increase with contribution from MassMutual
Great-West Life world headquarters is pictured in Winnipeg on February 19, 2013.  THE CANADIAN PRESS/John Woods
inside the market
Bond yields have staged a surprising retreat. How low can they go?
A Wall St sign hangs at the New York Stock Exchange (NYSE) at Wall Street on March 23, 2021 in New York City. - Wall Street stocks were under pressure early ahead of congressional testimony from Federal Reserve Chief Jerome Powell as US Treasury bond yields continued to retreat. (Photo by Angela Weiss / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
globe advisor
Why greater interest in critical illness insurance has not led to increased coverage
top view of lawyer and woman holding paper cut family near cup of coffee, insurance policy agreement, piggy bank and plant
report on business
Canadian life insurers paid out more than $154-million from deaths due to COVID-19 in 2020
FILE PHOTO: The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren//File Photo