Industry News

Boomers plagued by retirement worries

As the clock keeps on ticking, Canadian baby boomers are beginning to fret more and more.

By Staff |January 5, 2011

3 min read

BMO appoints three senior execs

BMO announced three senior executive appointments today, reflecting the focus of BMO on supporting integration and expansion throughout the coming years. First, Tom Flynn has been appointed executive vice-president and chief financial officer, succeeding Russ Robertson. His new position becomes effective March 23, 2011. Previously, Flynn was executive vice-president and chief risk officer, where he […]

By Staff |January 5, 2011

1 min read

Knowledge still weak on TFSA

Here’s the deal, you can stash away up to $5,000 per year, invest in any of the most popular and accessible vehicles and your returns are tax free. Sounds good, right? But more than half of Canadians have not taken advantage of the TFSA, according to a survey commissioned by ING DIRECT. Even among those […]

By Steven Lamb |January 5, 2011

2 min read

Survey: Lack of financial literacy taking its toll

Rising personal debt loads and insufficient retirement savings seem to be pointing to the fact that financial literacy education should start at an earlier age in Canada.

By John Powell |January 5, 2011

2 min read