In a recent survey from ING Direct it is revealed that Canadians are not taking the necessary steps to archive financial peace of mind when in retirement. The study conducted was an Angus Reid study and it was commissioned by ING Direct. What were the findings of the study? The study found that 58% of
Posts Tagged ‘retirement’
Best of the Best: Groundhog Edition
The week flew by incredibly fast; the weather was all over the place but I for one am happy that it warmed up as the week went on. Well as you know, it is time for BankNerd’s Best of the Best series. Before we get into this weeks Best of the Best I thought I
Best of the Best: Friday the 13th Edition
It definitely is winter right now; I woke up and the snow was coming down hard. It is the end of the week, but I do not advise any one venturing outside until the weather dies down a bit. On a side note, we are having terrible weather on none other than Friday the 13th;
TD Canada Trust Finds 54% of Canadians Struggle to Save
TD Canada Trust’s latest report discovers that 54% of Canadians are struggling to save, and bank automatic programs are a key reason to their saving
How Men and Women Approach Investing and Savings
In the most recent RBC RRSP Poll, it was revealed that there is a significant difference in how Canadian men and women save and invest their money; the differences are specifically shown on what they invest in and how much money they invest with. Within the past year, men have been more likely to put
BMO Introduces BMO Lifetime Cash Flow Product
BMO Bank of Montreal has recently announced the launch of BMO Lifetime Cash Flow, an industry first product that allows Canadians aged 55 and over with a guaranteed cash flow for life. This new product is a great addition to the suite of deposit products that comprise the BMO LifeStage Retirement Income Portfolios. Retirement can
Introducing BMO SmartSteps for Investing
BMO Bank of Montreal introduced an innovative program called BMO SmartSteps in 2009, which is a program that was specifically designed to help Canadians save more money during the period of increasing financial stress. The SmartSteps were providing customers with 5 essential banking tips that they can do on the spot as part of their











