New RRSP/RRIF Investment Rules

September 12, 2011  -  Commentary

The 2011 Federal Budget proposed several changes to the enforcement of anti-avoidance rules on Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs), making them more consistent with the rules currently enforced for Tax Free. Savings Accounts (TFSAs). While not passed into law at the time of writing, it is fully expected that these proposals will be adopted in the coming months. The consequences of the changes may be significant for some RRSP/RRIF holders and caution should be taken to ensure that you are not affected by the new penalty taxes... read more

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  • Richardson GMP to accelerate its growth momentum: Luc Papineau is appointed Branch Manager

    Nov 30, 2011

    Richardson GMP announces plans to capitalize on a significant growth momentum in the Montreal market with the appointment of Luc Papineau to the role of Director, Wealth Management and Branch Manager of its Montreal office...
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  • New RRSP/RRIF investment rules

    Sep 12, 2011

    The 2011 Federal Budget proposed several changes to the enforcement of anti-avoidance rules on Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income...
    read more
  • So what now?

    Aug 18, 2011

    While we are pointing out the obvious, we will note that market performance since the last week of July has been challenging at best...
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  • Overreaction or reality check

    Aug 08, 2011

    We will not sugar coat today’s market situation as performance since April, and the last couple of weeks in July in particular, has been terrible. Not only have many market indices, such as the TSX Index and the S&P 500, corrected so too have many commodity prices which does not bode well for the Canadian stock market in general...
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  • Richardson GMP goes long on discretionary management

    Jul 28, 2011

    Discretionary management has a bright future in the private client industry, providing a documented approach to wealth management with a system of checks and balances, David Porter, equity owner and portfolio manager at Richardson GMP, tells Family Wealth Report...
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  • Raise the ceiling or else?

    Jul 28, 2011

    We are less than a week away from the self-imposed August 2nd deadline for the United States to increase its debt ceilingfrom the current $14.3 trillion. The United States has imposed a debt ceiling limit since 1917 as one of several ‘checks & balances’ for its political system...
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  • Federal Budget 2011 Retabled: low-tax plan for jobs and growth

    Jun 06, 2011

    Now with the support of a majority conservative government, Minister of Finance Jim Flaherty tabled the Federal Budget “The Next Phase of Canada’s Economic Action Plan – A Low-Tax Plan for Jobs and Growth” on June 6, 2011...
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  • Richardson GMP partners with TIGER 21

    May 17, 2011

    Richardson GMP is pleased to announce its strategic partnership as coexclusive wealth management partner with TIGER 21 Canada (The Investment Group for Enhanced Results in the 21st Century), the premier peer-to-peer learning network for high net worth investors who have been successful in their chosen fields and have a minimum of $10 million in assets to invest...
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  • Winthrop H. Smith, Jr. appointed Chairman of Richardson GMP Limited Board of Directors

    May 11, 2011

    Richardson GMP is pleased to announce the appointment of Winthrop H. Smith, Jr.* to Chairman of the company’s Board of Directors...
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  • Richardson GMP earns top industry ranking in advisor autonomy, products and support for high net worth clients

    May 11, 2011

    For the second consecutive year, Richardson GMP Limited has been awarded top overall ranking (9.2) by advisors in the 2011 Investment Executive (IE) Brokerage Report Card...
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  • Investment Executive 2011 Report Card

    May 02, 2011

    How advisors rated their firms...
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  • Richardson GMP aligns with PPI to Benefit Investors Insurance alliance means local insurance expertise and increased choices for HNW clients

    Apr 12, 2011

    Richardson GMP is pleased to announce that its wholly owned subsidiary, Richardson GMP Insurance Services Limited and PPI have established a strategic alliance to provide a national insurance advisory service...
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  • Richardson GMP appoints Annie Boivin to Manager, Wealth and Estate Planning: Firm builds wealth and estate planning expertise

    Apr 07, 2011

    Richardson GMP is pleased to announce the appointment of Annie Boivin to Manager, Wealth and Estate Planning. Annie is a tax expert and financial planner with 20 years of industry experience...
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  • Federal Budget 2011: A low-tax plan for jobs and growth

    Mar 22, 2011

    Minister of Finance Jim Flaherty has tabled his 6th Budget as “The Next Phase of Canada’s Economic Action Plan – A Low-Tax Plan for Jobs and Growth”. Forgoing the traditional purchase of new shoes on Budget Day, Flaherty preferred to retread an old pair of shoes to symbolize the practicality of this budget...
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  • Richardson GMP appoints Gareth Watson to Vice President, Investment Management & Research

    Feb 02, 2011

    Richardson GMP is pleased to announce the appointment of Gareth Watson to Vice President, Investment Management & Research. Gareth will play a key role in helping to develop and communicate Richardson GMP’s core investment strategy platform...
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