Individual pension plans have been around for years but they have recently started to gain popularity with business owners who are in a high tax bracket. According to Canada Revenue Agency there are only about 10,000 individual pension plans in Canada. However, as of late, individual pension plans have also come on the [...]

Get a Critical Illness / Disability Life Insurance Quote
Imagine one day you have a massive heart attack and can’t come to work for weeks. What would happen to the day to day operation of your business? Who would pay the wages, write the cheques to pay the bills, deal with client concerns and most importantly [...]

The scary media headlines about the impending doom and gloom in the economy have certainly caused much anxiety for many people. The dramatic declines in world stock markets have compounded the problem causing many retirees or those approaching retirement to panic and go through sleepless nights thinking about how to finance their retirement.
Amidst all this [...]

If you have the faintest feeling that you may be receiving an early retirement or severance package from your company soon, don’t wait until it actually happens - start planning right away. Usually when the package is offered the deadline for making a decision is quite tight and this can mean you will be under [...]

Whether you have been successfully running a business for many years or just starting out, it is important that you regularly review your creditor protection strategy. Most business owners, officers and directors don’t realize that their personal assets are at risk of creditor claims in the event that something goes wrong with their business.
In fact, [...]