On March 25, the Canadian federal government passed legislation, as part of its COVID-19 Economic Response Plan, that reduces the Registered Retirement Income Fund (RRIF) minimum that must be withdrawn by 25 per cent for 2020.
A systematic investing plan provides discipline and the potential for better returns.
When receiving an inheritance, you’ll likely experience a flood of emotions. However, you have many options when it comes to being a good steward of your inheritance and you shouldn’t make these big decisions alone.
A goals-based approach targets financial planning to meet objectives throughout life.
Canadians who have an advisor are more likely to have a financial plan and be more confident about their money.