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Your Manulife Securities statement.  Annual Charges and Commissions section. Thumbnail

Your Manulife Securities statement. Annual Charges and Commissions section.

With the intent to increase investor clarity around investment fees, any account charges or commissions received by Manulife Securities will be listed on your statement under the headline Annual Charges and Commissions near the end of your statement. From there, Manulife Securities pays a portion of these fees to your advisor as compensation for the ongoing servicing of your account and providing advice.

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RRIF minimums lowered for 2020. Why new RRIF rules matter to seniors. Thumbnail

RRIF minimums lowered for 2020. Why new RRIF rules matter to seniors.

Amidst the economic fall out of the Covid-19 pandemic, the Canadian government announced a 25% reduction in RRIF minimums as part of a multi-billion dollar relief package.When you are in a RRIF, you are mandated to withdraw the minimum amount required by law each year. In this scenario, when the market drops drastically the RRIF payment you receive equates to you selling that portion of your portfolio at a low.

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