Blog

Understanding your options: Retiring with a Work Pension

29 November 2022

You’ve worked your whole life and finally are ready to retire, congratulations! If you are one of the roughly 7 million Canadians who are active members of a registered pension plan, you have a decision to make with regards to how to receive the pension that you diligently contributed to over your working life. But not all pensions are created equal, and it’s important to understand and consider your options carefully before making a decision. Let’s start off by quickly explaining the two co...

Market Review: A summer filled with ups and downs

25 October 2022

Investors around the world have continued to experience heightened volatility in markets over the summer months as large interest rate hikes dominated financial headlines and steered market performance in the third quarter. The S&P 500 (a group of 500 leading public companies in America) returned ~9% in July before giving back all those gains over August and September, ending the quarter down ~6%. Market Performance (as of market close September 30, 2022) Stock Markets Q3* ...

RESP: A powerful tool to save for your children’s education

29 September 2022

It’s hard to believe but summer is already coming to an end and kids have gone back to school. For some parents, this means that their children have left home to pursue post-secondary education. Like most things these days, the cost of obtaining a post-secondary education is rising. A quick search on the University of Manitoba’s website estimates first year tuition at ~$5,400, not including the costs of textbooks, housing, transportation and other living expenses. If your child decides to pur...

Don’t Wait Too Long To Convert Your Term Insurance

26 August 2022

If you require permanent life insurance coverage for family, estate planning, business, or tax planning purposes or you just wish to accumulate money in your life insurance program it may be time to look at a permanent, level cost solution. Many of us purchase large amounts of low cost term insurance to cover our needs while we are raising our families or growing our businesses. However, as the saying goes, “there is no free lunch”. Eventually this low cost term insurance starts to become ...

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...

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.”

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