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Manulife Financial offers to pay people to leave a retirement product that was once a sensation
If you’re part of the crowd who put money in Manulife Financial Corp.’s IncomePlus guaranteed retirement income product after it debuted in 2006, watch your mail for a surprising offer.
Rona Birenbaum, CFP® ’s Advisor Profile
Known as “the firm you can trust”, Caring for Clients was one of Canada’s first fee-for-service financial planning firms. Founded by industry trailblazer, Rona Birenbaum, it is now an 8-person Financial Planning and Wealth Management firm that provides comprehensive advice regarding cash flow, retirement, investing, tax and estate planning as well as risk management/insurance.
The latest investing trend: not just low-fee but no-fee
Wealthsimple and Fidelity shake up investing world offering trading and managed funds at no cost.
Money123 by Erica Alini: The Question
Caring for Clients answered this week’s Money123 question of the week.
Reverse mortgage, downsizing or HELOC? The best way to boost your retirement income
They say home equity is a form of long-term forced savings. After all, while your bank will be pretty unimpressed if you skip a mortgage payment, no one will really notice if you stop your RRSP transfers.
Renata Ford faces growing cash crunch as she pursues Premier Doug Ford in court, records show
Widow of former Toronto mayor Rob Ford has taken out a 2nd mortgage on family home — at 12.5% interest. “No earned income and ever increasing debt at unbelievably dizzying interest rates is actually a recipe for financial disaster,” said Rona Birenbaum, a Toronto-based financial planner.
The Gold Standard Interview
The Golden Girl Finance, the financial voice for women, interviews Rona Birenbaum.
Will Robo-Planners Replace Financial Planners
With 27 years of experience in the industry, today’s guest Rona Birenbaum explains the importance of technology in the financial services field, as well as how financial planners can stay relevant through all the changes.
The Low Down-Are High Returns from Equity at Risk?
According to a 2016 McKinsey report, investors may need to start lowering their expectations due to anticipated diminished returns. So, what to do? Spend less?
Why robo-advisers are starting to lose clients back to humans
Robo-advisers are still a financial industry newcomer, but they’ve been around long enough to start losing clients who were unhappy with their experience. Financial planner Rona Birenbaum recently took on someone who moved some money from a full-service brokerage firm to a robo-firm, and then was disappointed not to get financial planning in addition to investment management. “This person wanted a consolidated approach and to speak to real people,” Ms. Birenbaum said.