Don’t bank on your house for retirement fund, watchdog warns. But 45% of Ontarians do.

"It doesn't matter what you do in life, you still need to have a retirement/savings plan.”

Your group benefits plan may not cover what you think. Have an advisor look at your group plan as part of your annual review.

I would like to wish you a happy, healthy new year and to thank you for the opportunity to continue working with you as your financial security advisor. This letter will provide you with a brief update on financial markets and my thoughts on what may lie ahead.

In recent weeks, stock markets have declined while investments considered to be “safe havens” have increased in value, including developed market government bonds and the U.S. dollar. Investor concerns have focused on the slow pace of economic growth, particularly in China, Japan and Europe, continued conflict in the Middle East and the winding down of the U.S. Federal Reserve’s economic stimulus plan, which may lead to higher interest rates.