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	<title>Banks in Canada &#187; TD Canada Trust</title>
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	<description>Canadian banking, credit cards, loans, savings, investments and retirement in Canada</description>
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		<title>Do You Need a Financial Advisor? + MORE Jun 7th</title>
		<link>http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/</link>
		<comments>http://www.banks.ca/banks/do-you-need-a-financial-advisor-more-jun-7th/#comments</comments>
		<pubDate>Fri, 07 Jun 2013 18:42:31 +0000</pubDate>
		<dc:creator><![CDATA[admin]]></dc:creator>
				<category><![CDATA[Banks]]></category>
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		<description><![CDATA[Canada has several major banks and many schedule II banks &#8211; but with rates and plans all over the map, it&#8217;s difficult to know where to bring your business. Our aim is to help you navigate Canada&#8217;s banking options to discover which one suits your needs best. Do You Need a Financial Advisor? &#8211; ratesupermarket.ca [&#8230;]]]></description>
				<content:encoded><![CDATA[<div class="bb_header_text">Canada has several major banks and many schedule II banks &#8211; but with rates and plans all over the map, it&#8217;s difficult to know where to bring your business. Our aim is to help you navigate Canada&#8217;s banking options to discover which one suits your needs best.</div>
<div class="bb_fresh_box"><strong class="bb_fresh_title">Latest News</strong><div class="bb_fresh_content"><div class="bb_fresh_item"><a href="http://www.banks.ca/banks/the-feds-obama-era-hangover-jan-2nd/" title="Read More About: The Fed&#039;s Obama-Era Hangover Jan 2nd">
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					</h4>
					<div class="bb_fresh_excerpt bb_hasimage">By paying banks not to lend, the central bank diminished its ability to control interest rates..... <a href="http://www.banks.ca/banks/the-feds-obama-era-hangover-jan-2nd/" title="Read More About: The Fed&#039;s Obama-Era Hangover Jan 2nd">More &#187;</a></div><div class="clear"></div>
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								<img width="1" height="1" src="http://www.banks.ca/wp-content/uploads/banking-1372385258-252339460.jpg" class="attachment-thumbnail wp-post-image" alt=" line of credit" />
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					</h4>
					<div class="bb_fresh_excerpt bb_hasimage">
Credit card convenience cheques, often sent out as promotional materials by credit card companies, are now a thing of the past for consumers who do not directly request them, according to new requirements for federally regulated financial institutions.
We have all received these cheques in the mail.... <a href="http://www.banks.ca/banks/the-inconvenient-truth-about-credit-card-convenience-cheques-jun-27th/" title="Read More About: The Inconvenient Truth About Credit Card Convenience Cheques Jun 27th">More &#187;</a></div><div class="clear"></div>
					</div><div class="bb_fresh_item"><a href="http://www.banks.ca/banks/regulators-can-help-american-workers-get-the-credit-they-deserve-oct-27th/" title="Read More About: Regulators Can Help American Workers Get the Credit They Deserve Oct 27th">
								<img width="1" height="1" src="http://www.banks.ca/wp-content/uploads/commercial-banking-1509091588-238291031.jpg" class="attachment-thumbnail wp-post-image" alt=" banking" />
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					<div class="bb_fresh_excerpt bb_hasimage">Nonprime lending isn’t as risky as it’s made out to be, and fintech firms can help traditional banks..... <a href="http://www.banks.ca/banks/regulators-can-help-american-workers-get-the-credit-they-deserve-oct-27th/" title="Read More About: Regulators Can Help American Workers Get the Credit They Deserve Oct 27th">More &#187;</a></div><div class="clear"></div>
					</div><div class="bb_fresh_item"><h4>
						<a href="http://www.banks.ca/banks/what-can-i-hold-in-an-fhsa-jan-9th/" title="Read More About: What can I hold in an FHSA? Jan 9th">What can I hold in an FHSA? Jan 9th</a>
					</h4>
					<div class="bb_fresh_excerpt ">Would Canadians have access to different account types such as GICs and self-directed investing when it comes to the new tax-free first home savings account, which is rumoured to be introduced this year?It seems this would only make sense as it&#8217;s the case with other tax-sheltered accounts (i.e.... <a href="http://www.banks.ca/banks/what-can-i-hold-in-an-fhsa-jan-9th/" title="Read More About: What can I hold in an FHSA? Jan 9th">More &#187;</a></div><div class="clear"></div>
					</div><div class="bb_fresh_item"><a href="http://www.banks.ca/banks/what-is-a-consumer-proposal-how-does-it-work-more-may-23rd/" title="Read More About: What is a consumer proposal? How does it work? + MORE May 23rd">
								<img width="1" height="1" src="http://www.banks.ca/wp-content/uploads/line-of-credit-1747984028-635421826.png" class="attachment-thumbnail wp-post-image" alt=" banks in Canada" />
							</a><h4>
						<a href="http://www.banks.ca/banks/what-is-a-consumer-proposal-how-does-it-work-more-may-23rd/" title="Read More About: What is a consumer proposal? How does it work? + MORE May 23rd">What is a consumer proposal? How does it work? + MORE May 23rd</a>
					</h4>
					<div class="bb_fresh_excerpt bb_hasimage">Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you. For anyone looking for a way forward, experts say a consumer proposal can break the chain without the need for a bankruptcy filing.



While everyone’s debt toleran.... <a href="http://www.banks.ca/banks/what-is-a-consumer-proposal-how-does-it-work-more-may-23rd/" title="Read More About: What is a consumer proposal? How does it work? + MORE May 23rd">More &#187;</a></div><div class="clear"></div>
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<h2 class="bb_itemtitle"><a href="http://www.ratesupermarket.ca/blog/do-you-need-a-financial-advisor/" title="Do You Need a Financial Advisor?" rel="nofollow" rev="ratesupermarket.ca" target="_blank">Do You Need a Financial Advisor?</a></h2>
<p><small style="font-size:11px; font-style:italic;"> &#8211; ratesupermarket.ca</small></div>
<div class="bb-post-content"><img src="http://www.banks.ca/wp-content/uploads/td-canada-trust-1370630548-1266300786.jpg" alt="Do You Need a Financial Advisor?" width="400" height="133" class="alignnone"/><br />
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.<br />
Are You Ready For Professional Help?<br />
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor&#8230;</div>
<p><br/><a class="bb_readmore" href="http://www.ratesupermarket.ca/blog/do-you-need-a-financial-advisor/" target="_blank" title="Continue reading on ratesupermarket.ca &#187;" rel="nofollow"><b>Continue Reading On ratesupermarket.ca »</b></a></div>
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<h2 class="bb_itemtitle"><a href="http://www.ratesupermarket.ca/blog/do-you-need-a-financial-advisor/" title="Do You Need a Financial Advisor?" rel="nofollow" rev="ratesupermarket.ca" target="_blank">Do You Need a Financial Advisor?</a></h2>
<p><small style="font-size:11px; font-style:italic;"> &#8211; ratesupermarket.ca</small></div>
<div class="bb-post-content"><img src="http://www.banks.ca/wp-content/uploads/toronto-dominion-bank-1370630539-1499081346.jpg" alt="Do You Need a Financial Advisor?" width="400" height="133" class="alignnone"/><br />
Most Canadians start planning for their retirement by walking into their local bank and investing in a Registered Retirement Savings Plan (RRSP). It’s quick, easy, and you get a discount on your annual tax bill. But, eventually (hopefully!) you’ll have enough of a nest egg socked away that you’ll want some professional advice on how to best manage and grow your savings. Here’s where to look for help.<br />
Are You Ready For Professional Help?<br />
If your investments are really small – a couple hundred or thousand dollars a year – filling in one of the various banks’ “risk assessment profiles” and talking with one of their RRSP experts is probably sufficient for the early years of financial planning. But, eventually, you’ll probably want to seek some more sophisticated advice. According to Greg Pollock, president and CEO of Advocis (The Financial Advisors Association of Canada), much of the Canadian public has a misconception that you need to have a certain amount of savings on hand before you can and should meet with a financial advisor&#8230;</div>
<p><br/><a class="bb_readmore" href="http://www.ratesupermarket.ca/blog/do-you-need-a-financial-advisor/" target="_blank" title="Continue reading on ratesupermarket.ca &#187;" rel="nofollow"><b>Continue Reading On ratesupermarket.ca »</b></a></div>
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