I read an article on July 26, 2014 in the Financial Post by Melissa Leong titled Should You Buy Life Insurance for your Kid? Ms Leong asked the question of three financial services professionals – Chantal Marr, president of LSM Insurance, Ed Rempel, a certified financial planner with Armstrong & Quaile Associates […]
Group RESP Companies are known for some very aggressive sales tactics but now it seems that one such company has crossed the line – the legal line. The office of Ontario’s privacy commissioner and the Ontario Securities Commission are reportedly both investigating the breach.
A while back we posted a blog called Are You a Member of the Club Sandwich Generation? about a relatively new phenomena called the Club Sandwich Generation – people taking care of 3 generations:
As we’ve blogged on several occasions – Why is There So Much Student Debt?, There is No Escape From Student Loans,
People are confused about life insurance and about the insurance industry in general. There are too many products, and the products are complicated. As a result fewer Canadians are buying life insurance in spite of the fact that there is a definite need. Those in the insurance industry recognize the problem and […]
HSBC recently sponsored a global survey – The Value of Education: Springboard for Success. Parents were asked what their priorities were in allocating money to help their child financially in life.
A lot has been written lately about university graduates not being able to get jobs in their field and struggling with minimum wage jobs, or no jobs at all. Many people have been left scratching their heads, wondering if it’s really worth spending time and money pursuing a post secondary education.
The average price of a latte is $4.00. Two lattes a day =$8.00. One year of lattes can cost you $2,920.00. For less than the price of 2 lattes a day you can have a $76,000 education fund for your child!
It may not make sense to you, but this is the plan put forth by the Ontario government in Thursday’s budget. At the present time 66% of Ontarians do not have jobs with pension plans. These Ontarians who lack company pension plans will have to start paying up to 1.9% of their […]
Before we can even begin to address whether a student with a summer job can fund their education, we first need to be realistic about the very serious issue of youth unemployment. According to the Canadian Centre for Policy Alternatives:
Contact Us: childplan@insuranceforchildren.ca