The value of naming a beneficiary can be significant. If you name a beneficiary, an insurance company is obligated, under the Insurance Act, to pay any death benefit proceeds to the named beneficiary on record.

Tax season is underway, and Canadians may be facing some unfamiliar terrain. There are a few new tax credits and deductions that can help you keep more of your hard-earned money.

What types of protection are right for you? Over the years, insurance products have evolved to become more specialized with added features and riders.

Knowing how to build and preserve a solid credit score can help expand your options when it comes time to borrow funds.

Those who perpetrate fraud are constantly trying out new strategies that don’t yet appear on a list. As COVID-19 spread around the world, for example, private companies started trying to sell “faster” tests, people showed up on doorsteps offering “decontamination” services and fraudsters posing as workers for charitable organizations offering free medical products (for example, masks) for a donation.

Segregated funds are a unique kind of investment product and getting acquainted with a few key terms can help boost your knowledge.