Practice

Why disability insurance claims rise with economic growth

Group long-term disability (LTD) rates rise and fall with the cyclical movement of economic growth, RBC Insurance research shows. The research indicates that contrary to what advisors might think, as GDP accelerates, there’s an increase in LTD claims. When GDP drops, so do the claims. Why would this be? It’s similar to how a prolonged […]

By Staff |January 11, 2017

1 min read

Clients need EI? They’ll get it sooner

If clients have lost their jobs, they only have to wait one week for access to employment insurance (EI).

By Staff |January 5, 2017

1 min read

Why over-65ers want to keep working

Philip Porado is a Toronto-based business journalist.

By Philip Porado |January 5, 2017

3 min read

Canadians set to make — and break — holiday budgets

If you factored holiday spending into your client’s cash flow plan, you deserve a cup of holiday cheer. If you also discussed with your client a plan for impulsive behaviour, you deserve a visit from St. Nick himself. That’s because more than half of Canadians (51%) expect to go over budget this holiday season, reveals […]

By Staff |December 19, 2016

2 min read