Frequently Asked Questions
Here is a collection of some the most common questions we receive on a regular basis. We have tried to answer the questions in a straight-forward and non-technical manner. Please browse through the various categories to see if the question you have has been answered.
General Financial Questions
- What is income splitting and what are the benefits?
- Can I use an ‘In-Trust’ account to save for my child’s education?
- What are the basics of an Estate Plan and why do I need one?
- How can I reduce my current credit debt so that I can start investing?
- What are the steps involved when creating a financial plan?
Investing
- What are some basic tips when investing?
- Why should I diversify my investments?
- Should I get a professional Advisor to manage my investments or can I do it on my own?
Mutual Funds & RRSPs
- What is a Mutual Fund?
- What are the benefits of setting up an RESP for my children?
- Non-Registered Investment account or RRSP? Which one will benefit me in the long-run?
Insurance
- What is the difference between Disability Insurance and Critical Illness insurance?
- What’s the difference between a Term Life and Universal Life Insurance Policy?
House Mortgages
Have more questions?
If you have a question that does not appear in the list above, please do not hesitate to contact us immediately. We will do whatever we can to clear things up for you.
And remember that a qualified financial planner, such as a CERTIFIED FINANCIAL PLANNER (CFP®) professional, can help you make decisions that make the most of your financial resources. Click here to find out more about how a Certified Financial Planner can help you.