Blog

Market Review: A difficult first half of the year for investors

19 July 2022

It has been a tough start to the year for investors around the world with both stocks and bonds losing value. In fact, for the S&P 500 (a group of 500 leading public companies in America) it was the worst first half performance since 1970. Canadian markets have fared slightly better than their US counterparts, buoyed by Oil & Gas firms which have seen their share prices rise with the price of oil. Market Performance (as of market close June 30, 2022) Stock Markets Yea...

Investing for the long-term: The power of compounding returns

30 June 2022

As a financial advisor, one of the things I hear most often when talking with clients about starting an investment plan is “I don’t have much to invest now so maybe next year”. The common perception is that if you don’t have a lot to invest now, it’s better to just wait and contribute more later. In fact, the opposite is true. One of the best ways to build wealth is to start investing early – even if it’s only a small amount. It’s hard to find the motivation to start investing when you’re yo...

Do you have the right Life Insurance?

22 July 2021

Here's a question for you: are you staying on top of your financial needs? If you're like most people, you're doing your best to manage your savings and debt. But, how are you on the insurance side? Maybe you think you're sorted because your work benefits include life insurance. But what if it’s not enough? Would you know how to supplement your coverage? Good question. Whether it's retirement planning, investing, or looking to protect your property and loved ones, it's always a good idea to t...

Life Insurance for Financial Protection

15 July 2021

How much Life Insurance do I need? If you’ve decided that you need life insurance, how do you know how much is enough to protect your family financially in the case of premature death? The amount of life insurance you need can be a difficult question to answer, but this article will help you understand what to expect before speaking with your insurance advisor. The appropriate amount of coverage varies for each circumstance, and the various rules of thumb, such as multiplying your income by ...

Savings strategies for professional graduates

08 July 2021

It was the best of times; it was the worst of times… That’s how it seems for many professional graduates these days. Their debts are high and it can be difficult to immediately find a good paying job. After graduation, grads are told to pay off their school debts as quickly as possible, to start savings for retirement and for the ever-imminent rainy day. Needless to say, this all seems very daunting, but these goals can be achieved with careful planning and creativity. Meet with a financ...

Do You Need Individual Life Insurance?

01 July 2021

Canadians may need to rethink their risk management In a recent study conducted by the Life Insurance and Market Research Association (LIMRA), it was reported that 61% of Canadians hold some form of life insurance. Surprisingly, it also revealed that only 38% of Canadians own an individual life insurance contract. In another study of middle class Canadians, Manulife reported that 79% had no individual disability insurance and 87% had no individual critical illness coverage. What both of t...

REGISTERED DISABILITY SAVINGS PLAN (RDSP)

24 June 2021

WHAT IS IT? The RDSP is a registered plan (akin to an RRSP) the purpose of which is to help disabled Canadians and their families save for the future. WHO QUALIFIES? The RDSP is available to individuals who are: under age 60, a Canadian resident with a Social Insurance Number and eligible for the Disability Tax Credit. MECHANICS OF THE PLAN? The RDSP is an excellent savings plan that allows individuals to take advantage of government grants and bonds. Contributions to the...

Shared Ownership Critical Illness

17 June 2021

Shared Ownership refers to a concept where more than one party owns an interest in an insurance policy. The most common of these arrangements is where the corporation is the owner and beneficiary of the death benefit and the shareholder or employee owns the cash value of the policy. Recently there has been growing interest in applying this strategy to a Critical Illness policy. Although the CI policy does not have cash value, there is usually an option to have a Return of premium (ROP) in...

Choosing a less stressful RRSP strategy

10 June 2021

Ask any Canadian these days to name their number one concern regarding their retirement savings plan and they'll likely say security. Since the start of the global financial crisis and subsequent recession, people are looking for reliable ways to grow their nest egg. One option is the Guaranteed Lifetime Withdrawal Benefit (GLWB) product. It is an investment solution that works like a mutual fund and offers guarantees. How does the GLWB make retirement less stressful? Deposits are d...

Why small businesses are making it their business to investigate life insurance

03 June 2021

You are a sole proprietor or a single shareholder in your company. While from a physical standpoint you may consider your business to be small, when it comes to success your results may be exponentially greater. There are over 1,100,000 small businesses in Canada – clearly this sector is booming! The benefit of being small to midsized is that your business may avoid a lot of the technical formalities of a larger corporation. Life Insurance, however, should not be one of these! No matter your...

101 Main Street North
Dauphin, MB R7N 1C1
Phone: 204.622.7600
Fax: 204.622.7601

Hours of Operation:
Monday to Friday 8:30am - 5:00pm

443 Main Street
Grandview, MB R0L 0Y0
Phone: 204-546-2667
Fax: 204-546.2624

Hours of Operation:
Monday to Friday 9:00am - 4:30pm
(Closed 12:30 -1:30)

Financial Services Division
103 Main Street North
Dauphin, MB R7N 1C1
Phone: 204.622.7640
Fax: 204.622.7615

Hours of Operation:
Monday to Friday 8:30am - 5:00pm

NOTE: Love & Persson Group is closed on Stat Holidays. There may be a limited amount of other days we are closed. These days will be posted on our door as a notice. Alternatively, if you are uncertain, please call our office to confirm.

“MUTUAL FUNDS ARE DISTRIBUTED THROUGH DESJARDINS FINANCIAL SECURITY INVESTMENTS INC. LIFE AND HEALTH INSURANCE PRODUCTS ARE PROVIDED THROUGH LOVE & PERSSON GROUP. LIFE AND HEALTH INSURANCE PRODUCTS AND SERVICES ARE NOT AVAILABLE THROUGH DESJARDINS FINANCIAL SECURITY INVESTMENTS INC. (DFS INVESTMENTS) NOR ARE THE INSURANCE PLANS OR SERVICES AVAILABLE AND/OR OFFERED, SUPERVISED OR REVIEWED BY DFS INVESTMENTS. DFS INVESTMENTS IS THE MUTUAL FUND DEALER THROUGH WHICH MUTUAL FUND PRODUCTS AND SERVICES ARE PROVIDED.”

This site is not the property of Desjardins Insurance and Desjardins Financial Security Investments Inc. (DFS Investments). DFS Investments has control over the content of this site by their review of the information provided in accordance with its policies and procedures. DFS Investments is not responsible for the content in this website that is unrelated to the business of DFS Investments nor is it responsible for the monitoring or supervision of these other business activities.