| What are the strategies behind the company’s success? |
| We pride ourselves on providing quality financial planning advice. For our clients, this means good quality regulated funds at low costs, while providing flexible investment plans. We look to recruit advisers who are here for the long term, interested to build client relationships, and who will be remunerated to do so. |
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| How did the Regular Savings Plan (RSP) help enhance clients’ portfolio returns in 2013? |
| We all know that markets can be volatile, and so investing on a regular basis to benefit from a dollar cost averaging strategy, will help to diversify market risks over time. It is important to apply some discipline with regular savings, however, it is also important to opt for a fully flexible plan that does not impose penalties or commitment periods. |
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| Why is it essential to invest in a RSP over the long run? |
| The earlier clients start, the easier it is for them to meet their long term financial goals. The common trap many people fall into, is putting off today what they can do tomorrow, especially if they perceive they are living comfortably. Assuming a 7% growth rate on investments, a 40-year-old aiming to retire at age 60, will need to save nearly 2.5 times as much on a yearly basis than a 30-year-old starting to save with the same retirement goals. |
