Financial Advice for All

DLD Quarterly Money Thoughts (May 2017) includes CALU (Conference for Advanced Life Underwriting), Financial Advice For All and a DLD Giveaway – VIP Passes for the Freedom 55 Financial Open.

Access to a secure future has been put at risk. Today, Canadians have a choice in how they pay for financial advice, whether through upfront fees or through embedded commissions based on the products they buy and the size of their investments.

Proposed government changes may change that. Canadian regulators who oversee the sale of mutual funds are now proposing to ban embedded commissions for financial advisors, meaning that all investors would be forced to pay fees directly.

These changes don’t favour those who need professional advice most. Canadians who have less money to invest, whether seniors on a fixed-income or young people just starting to save for retirement, are most at risk. We must protect our financial security.

Here’s a video explaining what’s happening: 

Here’s a petition you can sign to advocate for continuing to have a choice in how you pay for your financial advice:

Source: Advocis, The Financial Advisors Association of Canada

CALU – Conference for Advanced Life Underwriting

Dave has been a member of CALU (Conference for Advanced Life Underwriting) for a number of years and he recently attended the annual meeting in Ottawa this year.


The Conference for Advanced Life Underwriting (CALU) is a national professional membership association of established financial advisors (life insurance, wealth management and employee benefits), accounting, tax, legal and actuarial professionals. For more than 25 years CALU has engaged in political advocacy and government relations activities relating to advanced planning issues on behalf of its members and the members of its sister organization, Advocis, The Financial Advisors Association of Canada.

Through these efforts, CALU represents the interests of some 11,000 insurance and financial advisors and in turn the interests of millions of Canadians.

For example: View a submission CALU made July 2016 for the Federal Budget pre-submission


DLD Giveaway: VIP Passes – Freedom 55 Financial Open

DLD Giveaway:  VIP Passes to the Freedom 55 Financial Open from June 1st – 4th at the Point Grey Golf and Country Club.

Each set includes: 2 Dilawri Champions Club passes (access to corporate chalet for food and beverage) along with a VIP Parking pass. We have 4 sets to giveaway so please contact Kelly or Dave if you’d like a set.