True wealth means achieving what’s most
Important to you
Through experienced, independent advice and a comprehensive planning approach, we’ve helped hundreds of individuals, families and entrepreneurs grow, protect and share their wealth with future generations.
Achieving wealth doesn’t begin with the investment of assets. It begins with the investment of time. Time to understand your entire financial situation, personal values, goals and vision for the future.
We’re an independent company, so you have access to a broad range of investment, deposit and insurance products. Together, we’ll simplify your financial decisions with a customized plan that will allow you to manage and preserve your wealth while creating a legacy that sustains your values.
News & Updates
2012 First Quarter Market Commentary
By Greg Farries, BSC, The Nakamun Group, Calgary
Global equity markets had a promising start to 2012, as more
optimistic outlooks replaced the uncertainties of last year.
In Canadian-dollar terms, the S&P 500 Index in the US was up 10.6 percent in the first quarter of 2012. Other markets around the world, such as Japan (19.3 percent), Hong Kong (11.5 percent), and Germany (17.3 percent) posted solid gains in local currency terms, for the first three months of the year. Moves on the Canadian market were muted somewhat by evidence of slower economic activity in China, the world’s largest buyer of raw materials. Nonetheless, the S&P/TSX Composite Index finished the period with an increase of 4.4 percent, based on strong results in the financial and consumer discretionary sectors.
On March 29, 2012, Finance Minister Jim Flaherty delivered his first majority-backed Federal Budget. Here are some of the highlights that might affect you:
Old Age Security (OAS) and Guaranteed Income Supplement (GIS)
In 2011, OAS and GIS cost the Government $38 billion, and by 2030, the costs are projected to increase to $108 billion. In an attempt to reduce the Federal Government deficit, and in light of increased longevity of Canadians, eligibility for OAS and GIS will be increased from age 65 to 67, starting in 2023 and gradually moving toward full implementation by 2029. Therefore, anyone aged 54 or older as of March 31, 2012 – including current recipients and those currently eligible to receive benefits before 2023 – will not be affected. Those born between April 1, 1958 and January 31, 1962 will be eligible to receive OAS/GIS between the ages of 65 and 67, while those born after February 1, 1962 will be eligible for benefits when they turn 67. Read More…
Top Rated Articles
Pooled Registered Pension Plans
By Shauna Blackburn-Cook, BCom, The Nakamun Group, Edmonton
In an effort to further encourage Canadians to save for retirement, the Federal Government passed Bill C-25, which sets the legal framework for the establishment of Pooled Registered Pension Plans (PRPP). The objective of PRPP is to provide universal access to a pooled retirement plan for self-employed and employed Canadians who do not have an employer retirement plan. Employees will participate voluntarily and employers will administer the plans, but will not be required to contribute. Read More…
Cash Value Life Insurance – an Investment to Consider
By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg
Life insurance is like no other financial instrument in its ability to create portfolio equilibrium while delivering guaranteed results. A comprehensive financial plan is incomplete without considering this unique asset class.
Our current financial environment is fraught with low guaranteed fixed interest rates, unproven and often complicated new financial products, as well as volatile equity and real estate markets. Prudent investors, well versed in the benefits of portfolio diversification, and their advisors, are once again looking at the unique features of cash value life insurance. Prior to the 1980s, almost 90 percent of life insurance contracts purchased were whole life/cash value. The same guarantees that appealed to investors then are creating a surge of interest once again. Read More…
True wealth means achieving what’s most
Important to you
Through experienced, independent advice and a comprehensive planning approach, we’ve helped hundreds of individuals, families and entrepreneurs grow, protect and share their wealth with future generations.
Achieving wealth doesn’t begin with the investment of assets. It begins with the investment of time. Time to understand your entire financial situation, personal values, goals and vision for the future.
We’re an independent company, so you have access to a broad range of investment, deposit and insurance products. Together, we’ll simplify your financial decisions with a customized plan that will allow you to manage and preserve your wealth while creating a legacy that sustains your values.
News & Updates
2012 First Quarter Market Commentary
By Greg Farries, BSC, The Nakamun Group, Calgary
Global equity markets had a promising start to 2012, as more
optimistic outlooks replaced the uncertainties of last year.
In Canadian-dollar terms, the S&P 500 Index in the US was up 10.6 percent in the first quarter of 2012. Other markets around the world, such as Japan (19.3 percent), Hong Kong (11.5 percent), and Germany (17.3 percent) posted solid gains in local currency terms, for the first three months of the year. Moves on the Canadian market were muted somewhat by evidence of slower economic activity in China, the world’s largest buyer of raw materials. Nonetheless, the S&P/TSX Composite Index finished the period with an increase of 4.4 percent, based on strong results in the financial and consumer discretionary sectors.
Challenging Times for Investors Read More…
Federal Budget Highlights
By Garry Keiller, The Nakamun Group, Edmonton
On March 29, 2012, Finance Minister Jim Flaherty delivered his first majority-backed Federal Budget. Here are some of the highlights that might affect you:
Old Age Security (OAS) and Guaranteed Income Supplement (GIS)
In 2011, OAS and GIS cost the Government $38 billion, and by 2030, the costs are projected to increase to $108 billion. In an attempt to reduce the Federal Government deficit, and in light of increased longevity of Canadians, eligibility for OAS and GIS will be increased from age 65 to 67, starting in 2023 and gradually moving toward full implementation by 2029. Therefore, anyone aged 54 or older as of March 31, 2012 – including current recipients and those currently eligible to receive benefits before 2023 – will not be affected. Those born between April 1, 1958 and January 31, 1962 will be eligible to receive OAS/GIS between the ages of 65 and 67, while those born after February 1, 1962 will be eligible for benefits when they turn 67. Read More…
Top Rated Articles
Pooled Registered Pension Plans
By Shauna Blackburn-Cook, BCom, The Nakamun Group, Edmonton
In an effort to further encourage Canadians to save for retirement, the Federal Government passed Bill C-25, which sets the legal framework for the establishment of Pooled Registered Pension Plans (PRPP). The objective of PRPP is to provide universal access to a pooled retirement plan for self-employed and employed Canadians who do not have an employer retirement plan. Employees will participate voluntarily and employers will administer the plans, but will not be required to contribute. Read More…
Cash Value Life Insurance – an Investment to Consider
By R.A. (Bob) Challis, CFP, RHU, TEP, The Nakamun Group, Winnipeg
Life insurance is like no other financial instrument in its ability to create portfolio equilibrium while delivering guaranteed results. A comprehensive financial plan is incomplete without considering this unique asset class.
Our current financial environment is fraught with low guaranteed fixed interest rates, unproven and often complicated new financial products, as well as volatile equity and real estate markets. Prudent investors, well versed in the benefits of portfolio diversification, and their advisors, are once again looking at the unique features of cash value life insurance. Prior to the 1980s, almost 90 percent of life insurance contracts purchased were whole life/cash value. The same guarantees that appealed to investors then are creating a surge of interest once again. Read More…