Insurance

Trust specifics

Using a life insurance testamentary trust to receive the proceeds of a life insurance policy has many advantages for estate planning, including control and management of the distribution of the funds; tax advantages from the graduated rates; and the avoidance of probate fees. Once a decision is made to create a trust, it becomes the […]

By David Wm. Brown |November 10, 2005

5 min read

Hedge funds could benefit from transparency: author

Any attempt to regulate the hedge fund industry should focus strictly on sales practices and transparency, rather than tying the hands of the funds’ managers, and the industry should welcome it, according to one well-known author in the field. “I think there will be more transparency on funds and how they can be moved, so […]

By Steven Lamb |October 14, 2005

3 min read

What is your underwriter thinking?

(September 2005) Ever wonder what your underwriter might be thinking? Although many companies are working to adopt, cultivate and encourage a more cooperative approach between advisors and underwriters in an effort to put business on the books, the two groups have very different objectives to consider when processing a client’s application. Compared to the old […]

By Kate McCaffery |October 11, 2005

4 min read

Canadians overlook costs of long-term care

(January 21, 2005) Canadians are concerned they will become a burden to their loved ones when they get older, but few are aware of insurance products aimed at minimizing the costs, according to an Ipsos-Reid survey for RBC Insurance. “The sale of long-term-care insurance, which one would argue is probably the most effective way to […]

By Steven Lamb |January 21, 2005

3 min read