With all businesses, your workforce evolves as time goes by. The Plan Administrator is responsible for keeping your benefits plan up-to-date, to ensure your employees receive their full benefits coverage and the correct premiums are being paid. Employee benefit plan administrators are often different in every business. Administration may be handled by the owner, accountant,… Read more »
Last week, we shared some of our favourite articles explaining basic financial concepts. This week, we have a few tools for you to use to help you better understand and manage your personal finances: Worksheets to Hone Your Money Management Skills A Variety of Helpful Tools and Calculators Guides to Common Financial Questions Tools and… Read more »
November is Financial Literacy Month, an initiative hosted by the Financial Consumer Agency of Canada to empower Canadians to achieve their financial goals through better education and understanding of financial concepts. To help you get started, we wanted to share these four articles which do a great job of explaining some basic financial concepts all… Read more »
Every day we read stories in the media about the impact of low interest rates on Canadians. It doesn’t appear rates will be rising any time soon. So, what should we do? Many of our clients are wondering how low rates will affect them over the short- and long-term. Following are a couple of key… Read more »
I watch TED talks daily to increase my awareness of what is taking place in technology, education and design fields around the world. I find TED lectures and presentations broaden my perspective and keep me open to new ideas, whether I agree with them or not. It also provides a break from the financial services focus… Read more »
It seems over the past year there have been a tremendous number of articles written about the high cost of advisor charges, commissions, trailer fees and the lack of transparency for clients to understand what they receive for them. In the case of the Canadian Securities Administrators (CSA), a number of changes have been implemented… Read more »
As of January 1, 2017, changes will be made to the Insurance Act that will impact insurance benefits. New mortality tables and new rules are being adopted in the insurance industry which reflect the fact that people are living longer and their insurance policies will pay out at an older age. Any insurance policies issued… Read more »
At the start of a new school year, there are plenty of things to keep parents with young children busy (even busier than usual!). Shopping for school supplies, establishing new routines, and managing those first few anxious weeks as your children adjust to new teachers and new classmates can be exhausting. But each September you get… Read more »
Over the past 20 years employee health and wellness has been on the decline (read more about this concerning trend here). Encouraging your employees to engage in a healthy lifestyle will not only make them more productive on the job, it can also help reduce the costs of your Employee Benefits Program. To help your… Read more »
Starting this week, the majority of Canadian families with children under 18 will begin receiving tax-free Canada Child Benefit (CCB) payments. Click here to learn more about this new program.