Educating financial advisers, what will they think of next!

There was some good news last week for anyone looking at getting financial advice in the future. The government has finally introduced a bill into parliament regulating the minimum level of edu- cational qualifications needed to become a financial adviser. It seems they have finally seen the light, no doubt as a result of all the recent industry ‘kerfuffle’, and ensured that practitioners must now obtain the educational levels required of other professions.

Today I am fortunate enough to be featured in the weekly ‘Making A Difference (MAD) series as seen on Canadian Budget Binder. If you haven’t visited Mr CBB yet, do yourself a favour and go and have a look. It is an absolute treasure trove of information and well worth the visit. I am certainly a regular visitor.

When considering the services of a financial planner, a lot of people like to put ‘independence’ near the top of the ‘what they need to have’ list. And rightly so, as common sense would suggest that developing a personal financial strategy is far more ‘client-centric’ without the shackles of a large institution.

Wow, how about that, Donald Trump is the President of the USA. Who would have thought an ex- reality TV star and bankrupt, with a litany of pending court cases and questionable morals, could achieve the most powerful position in the western world. But I guess it goes to show that anything is possible.

A guide for all your personal insurance needs.

An often overlooked area of the family finances is that of personal insurance. Although not a topic that fills people with excitement, it’s an incredibly important issue and deserves a genuine discussion within every household.