The Differences Between a Group RRSP and an Individual RRSP – How to Pick the Right Investment for Your Needs Enrolling in a Group RRSP is an excellent way to add to your current benefit plan, allowing you the ability to retain key employees and entice new staff to join your team. A Group RRSP is one of the most common methods Canadians use to save away for their retirement. A Group RRSP is very […]
Advisory council on National Pharmacare formed, how will this affect things. See the linked article. Our thoughts here; This is not the first time the Feds have looked at doing this and certainly monies have been poured into it in the past without results. We are one of the few nations without any national pharmacare plan or significant policy and as such pay amongst the highest costs in the industrialized world for drugs. To be […]
Brett Tanner is interviewed on The Humble & Fred Radio Show February 23, 2018
Group Benefits: Stable Rates & Better Renewals For Small To Mid Sized Businesses.
The Chambers Plan Great News For Small Business!
Please click below to listen to the Brett Tanner interview with Humble & Fred.
Canadian insurers starting to get a read on marijuana. With Suns’ announcement there will be others that will follow soon. One of the difficulties with a non drug identification number (DIN) drug is how to monitor it and where to place the claims. Sun appears to be considering it in their “medical equipment” section which allows them to look at a pre-approval process. This is clever, creative way to begin. There is little doubt this […]
Benefits Canada: Advisors need a ‘strong voice’ in CLHIA’s compensation disclosure discussion http://www.benefitscanada.com/benefits/other/advisors-need-a-strong-voice-in-clhias-compensation-disclosure-discussion-110591 Fee Disclosure is a tenuous subject. The article referenced here suggests that advisor’s need a strong voice in discussions with the CLHIA. I would go a step further and suggest that while this is true, the CLHIA needs to have an open mind and ear available for that voice. At recent information meetings regarding the G19 member insurers hinted that the guideline was […]
I am sure by now you have heard about the current market volatility. There’s some things I’d like to share to put your mind at ease. First off, the market has had an incredible run since its last setback in 2007-2008. In recent months it had beat most industry experts predictions and defied gravity even with some fundamental issues floating around globally like the US financial stoppage, North Korea and US friction and creeping inflation […]
Understanding How Investing in RRSPs and TFSA Can Work For You
It's almost Registered Retirement Savings Plan (RRSP) season and Canadians will be debating between contributing towards RRSPs or tax-free savings accounts (TFSA). Both investments are excellent tools for building a strong retirement plan or simply saving for a rainy day. Many investors such as yourself are wondering which solution is best for them?
Getting the Most from a Group Benefits Insurance Plan At first glance your group benefit plan can appear complicated. It’s not uncommon for people to have a hard time understanding all of the different elements included in their plan and how each benefit works. There are a variety of group insurance products available including traditional experience-rated plans, non-profit programs like the Chambers of Commerce Group Insurance Plan, self-insured (ASO) programs and association plans. When these […]
What’s next, would the labour market and unions like to take over management of all small business in Ontario? While most SME’s have had some time to prepare for the incoming minimum wage hike, the reality is many of them may be in a position where they are forced to make decisions financially to stay afloat. If they employ a lot of part time and lower income workers due to their industry type the changes would have a major affect on their bottom line. For some it would be the difference between profit and loss. Their options would be to cut benefits or other items or cut staff and push more work onto their existing staff hardly the desired affect the provincial government was looking for.
Life insurance is an essential piece of financial planning for the growth of your business. A well-designed life insurance benefit plan will protect your company, employees and their families in the event of an unexpected death and can help fund buy-outs and find additional ways to save tax efficiently.
