How to go about securing the best policy for your insurance in Canada.
Latest News
Manulife softens spinoff speculation amid leadership transition + MORE Aug 11th
Outgoing CEO tempers enthusiasm for sale of John Hancock insurance and wealth management division as his successor eyes stronger returns on U.S. sales
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Everything you need to know about your car insurance deductible + MORE Mar 12th
If you just bought a new vehicle or are reviewing your insurance coverage needs, you may have questions about your deductible. Questions like: How does a car insurance deductible work? Do I need one? Will my premiums be affected? And, how much will it cost me? Once you understand the basics, you can.... More »
The Benefits of Donating a Life Insurance Policy to Charity + MORE May 7th
Life insurance policies cannot only be left to an individual beneficiary, but can be donated to charity. Along with the satisfaction of knowing that you are leaving money to a worthy cause, donating your policy will also have certain tax benefits.
Donating your life insurance policy can be accompli.... More »
California electrical company stock plunges after revealing possible link to devastating wildfire Nov 15th
Shares in California's electricity and natural gas utility were hit hard on Wednesday after the company revealed it doesn't have enough cash and insurance to cover losses stemming from the devastating wildfire that may have been sparked by some of its equipment..... More »
CitiBank Cuts Travel Insurance On Credit Cards Jul 6th
Canadians with Citibank cards may enjoy the benefits that come with it, including travel and insurance perks. But as of September 22, 2019, Citibank has announced it is slashing those benefits – particularly the ones associated with travel.
The benefits that will no longer be honored are worldwid.... More »
The value of independent financial advice
– moneysense.ca
Certified financial planner and president of De Thomas Wealth Management Tony DeThomasis explains the difference between a financial planner and a money manager—and why understanding the difference is key to financial health.
Early in April, MoneySense did a Q&A with Tony DeThomasis, president of De Thomas Wealth Management. De Thomasis, the author of Finding a financial advisor that’s right for you believes it’s important for Canadians to have a holistic approach to their finances. Sure, investment returns are important but so are other concerns like estate planning, insurance reviews and understanding your personal tax situation. MoneySense writer Julie Cazzin asked De Thomasis several questions and here’s what he had to say:
MoneySense: What has changed since your start in the financial planning industry 40 years ago?
Right now, being a money manager is very, very competitive. That wasn’t the case 40 years ago. In the 1970s if you wanted to have your money managed you had just two options: hiring a stockbroker, or investing on your own in a handful of mutual funds…
Chris Christie's Insurance Heist
– online.wsj.com
The Governor wants to grab a company’s ‘excess’ profits.
