Categories for Financial Advisor

Ontario’s pre-election budget misses the target again….

Yesterday Kathleen Wynne released what amounts to a typically pre-election budget. I have a real problem with a government calling their budget balanced when provincial debt will still rise by 21% over the next 3 years because of interest payments. I know when hard working Ontarian’s budget their households they have to include covering these items or risk being further in debt and many have no choice but to reduce debt by paying principal as […]

April 28, 2017 3:37 pm by: Brett Tanner

Tanner Financial 10th Annual Charity Classic

Held at the Richmond Hill Golf Club Benefiting the Geneva Centre for Autism and The Gerry Tanner Memorial Scholarship Join us for the Tanner Financial Charity Classic on June 12th and help us to raise our highest amount to date! It’s our 10th Charity Classic and we would love your help to make this year’s tournament one for the history books. Join us to play and share our invite with your friends and coworkers. Help […]

April 17, 2017 10:02 pm by: Brett Tanner

Financial Advisor

Working With a Financial Advisor With a Strong Financial Plan An experienced financial advisor is a great person to have in your corner. Working with a Toronto financial advisor will allow you the ability to both plan and determine both your short term and long term financial goals. We have been providing expert financial advice for clients in the GTA since 1998. The numbers are very clear. A recent LIMRA Retirement study found that […]

April 4, 2017 3:22 pm by: Brett Tanner

The Value of RRSP’s

Today, there are a variety of ways to save money and several schools of thought to what is most effective. There are even some industry pundits who would weigh in and say that a TFSA, “tax-free savings account” has more value than an RRSP, “registered retirement savings plan”. For sure, there are always situations that favour one scenario over another. In general, however, for the majority of the working population, an RRSP still holds the most value. The simple caveat to this is that the one glaring exception is the self-employed business owner that pays themselves a very low taxable income and is in one of the lowest marginal tax brackets. In that situation since there aren't significant tax savings, a TFSA might make some sense. That said, in my experience if the self-employed individual has such a low income they are unlikely able to contribute to any investments anyway.

February 21, 2017 3:27 pm by: Brett Tanner

My Views On The Proposed CPP Expansion

It seems Kathleen Wynne is now prepared to take full credit for the proposed CPP expansion. The current retirement legislation began with Mr. Harper’s proposed PRPP which she refused to work with or make acceptable alternate proposals. Her government then tried to force an inflexible, expensive program down the throats of taxpayers and Ontario businesses. She did not listen to industry professionals about logical alternatives including defined contribution and created a very uncertain marketplace hurting […]

June 22, 2016 3:15 pm by: Brett Tanner

9th Annual Tanner Financial Charity Classic

9th Annual Tanner Financial Charity Classic When Tuesday June 28, 2016 from 1:00 PM to 9:00 PM EDT Add to Calendar Where Richmond Hill Golf Club 8755 Bathurst Street Richmond Hill, ON L4C 0H4 Driving Directions Please note the correction of the tournament date: Register today to reserve your spot at our 9th Annual Tanner Financial Charity Classic on Tuesday June 28th! Please click on the links below for more information on the tournament and […]

May 27, 2016 7:35 am by: Brett Tanner

Getting ahead of tax changes that will impact your life insurance

Getting ahead of tax changes that will impact your life insurance Click here to watch a short video to learn about what’s changing and whats not changing and what you should consider doing this year.

May 27, 2016 6:38 am by: Brett Tanner

RRSP Account

Why Most People Should Be Building a Registered Retirement Savings Plan (RRSP) Account To be clear, my belief is firm that everyone should have at least some form of a financial plan. Too many clients we see have reached their 50’s and are playing catch-up to what savings they should have in place. Many simply don’t feel they need to do much and assume (or hope) they’ll have the same lifestyle when they retire as […]

February 24, 2016 8:16 pm by: Brett Tanner

RRSP 2016

Planning for the Future with 2016 RRSP Contributions Christmas is now safely in the rearview mirror and everyone’s back to grind of work. That means it’s time for RRSP season. With the 2016 RRSP contribution deadline of February 29th fast approaching, this is the perfect time for Canadian workers to invest in their future. A recent survey conducted by TD Bank found that nearly one third of millennials have limited knowledge of how RRSP savings […]

January 21, 2016 2:33 pm by: Brett Tanner

Benefit Plans

Managing Costs In Your Benefit Plan Today, managing a benefit plan can be more complex than it ever has been. Understanding the factors in your program requires thought, vision and understanding of all the moving pieces. Ultimately, as an employer you have to decide between the cost and risk of a plan. Cost and risk are not just for what the plan pays for, but also the cost and risk to keeping your plan sustainable. […]

December 21, 2015 3:01 pm by: Brett Tanner