Author: Tammy Irvine

Questrade Wealth Management to pay $2.9 million to OSC

Questrade Wealth Management Inc. of Toronto has agreed to make a voluntary payment of $2.9 million to settle allegations that it failed to identify and respond to conflict of interest when it sold eight of it’s ETFs to Toronto-based Wisdom Tree Asset Management Inc. in July 2017, the Ontario Securities Commission (OSC) announced Tuesday. To… Read more »

TFSA annual contribution limit rises to $6,000

The Canadian government has indicated that the annual contribution limit for TFSAs will be raised to $6,000 for 2019, up from $5,500 this year. To read the complete newsletter click here

Family meetings emerging as a new facet of financial planning

We take a very holistic approach and have a documentation system for our clients to assist with organizing their estate affairs similar to the concepts outlined in this article. To read more about family meetings and ideas to support your financial/estate planning needs click here.

Working with an advisor helps focus spending, saving balance

Balancing current spending with long-term saving goals is easier with a financial advisor according to a new survey. American financial services firm Northwest Mutual’s survey by Harris Poll asked adults in the general population about their financial goals and how working with a financial advisor can help. To read an update on the budget click here.

Bank Owned Royal Mutual Funds reprimanded for violating sales practice rule

An Ontario Securities Commission (OSC) hearing panel has approved a settlement with Toronto-based Royal Mutual Funds Inc., in which the mutual fund dealer will pay more than $1 million to settle allegations that it contravened the mutual fund sales practices rule by paying reps higher commissions to sell its proprietary funds, the OSC announced on… Read more »