Educator, Lecturer, Author and Financial Planner
Tim Paziuk CFP, educator, lecturer, author and financial planner has spent his career trying to help people keep more of what they earn. As President of TPC Financial Group Ltd, Tim travels the country lecturing to University Students and Professional Groups while at the same time managing his own fee for service planning practice. He has twice been recognized by Advisor's Edge magazine as one of the top financial planners in Canada.
Regardless of where you invest your money, all the fees being charged to you may not be fully disclosed.
Most of you are paying more in total fees than your annual fee and performance reports would have you believe.
01/29/2018 10:36 EST
Business owners pay a price that employees are not asked to pay.
09/25/2017 17:34 EDT
If they go through as proposed after only 75 days of consultation, one can only conclude that this was not a democratic process.
09/18/2017 13:44 EDT
I think it's unethical to say, "I'm sorry but the money that your parents set aside for your education is only worth a fraction of what it was before."
09/06/2017 09:47 EDT
It's naïve for Canadians to believe these proposed tax changes are going to have no effect on them.
08/28/2017 13:04 EDT
Bill Morneau's discussion paper proposing changes to the taxation of small businesses completely misrepresents the facts.
08/21/2017 16:08 EDT
Joe worked for 40 years and took care of himself and his family. He did nothing wrong and lived within his means.
08/14/2017 11:56 EDT
Much has been said about Bill Morneau's proposed tax changes relating to small businesses who are unfairly taking advantage of alleged tax "loopholes."
08/04/2017 13:45 EDT
The Liberal Government has stated they want to build a strong middle class, but who comprises the middle class? Mr. Morneau in his 2017 budget speech stated, "All Canadians must pay their fair share of taxes," but what is a "fair share"? Let's do the math and find out.
04/06/2017 10:41 EDT
Over the last few weeks, there has been much press about how the banks have been accused of "upselling" clients and pressuring staff to market financial products to customers that they do not need. High-pressure sales tactics are not always that apparent. When one thinks of high-pressure sales tactics, it usually involves someone in your face trying to convince you to buy something you probably don't want. It is often a very uncomfortable situation, and all you can think about is trying to get away.
04/04/2017 04:23 EDT
After 37 years in the financial services industry I realize I shouldn't be surprised, and I'm not. I'm shocked. Shocked by
02/15/2017 10:27 EST
While the federal government is trying to rein in some of the borrowing that's taking place by making it more difficult to borrow, every one of us should take heed -- interest rates will rise. I believe the most important thing individuals should be doing is locking in their mortgages (ideally for five years).
10/19/2016 04:56 EDT
The Client Relationship Model - Phase 2 (CRM2) is a new set of industry regulations meant to provide Canadian investors with more details on their investment costs and performance. It was developed by the Canadian Securities Administrators, an organization representing Canada's investment industry regulators.
09/07/2016 11:06 EDT
If you're retired and living off the interest you receive from your fixed income investments (regardless of what the interest rate is), your capital is dropping in value every day. This drop in value is not noticeable on your statement, but is certainly noticeable when spending your money.
03/18/2016 05:19 EDT
In case you're unaware of today's headlines, starting June 1, RBC will be introducing supplementary account fees. Why? Because they can. And few, if any will do anything about it.
05/08/2015 05:11 EDT
Regardless of what type of investment products you're using, you should always know what it's costing you to have your money managed. If nothing is done to reduce the fees institutions are charging for investment management services most Canadians are going to be poorer then they think.
10/31/2014 01:46 EDT
I always tell people that those who plan ahead stand a better chance than those who don't. Don't risk being blown off course by a sudden change in the wind. As sailors say, "plan for the worst and hope for the best."
08/08/2014 05:50 EDT
Imagine that you found out tomorrow that your bank was going to start charging a storage fee on your cash. What would you do? I think most people would withdraw their money from those accounts and keep it in cash. It's unlikely they would spend or invest it, even though that's the purpose of imposing negative interest rates.
07/15/2014 05:55 EDT
If the government doesn't like the idea of removing withdrawal minimums, they should at least peg minimum RRIF withdrawals to current government bond yields. Forcing someone at age 72 to take out 7.48 per cent when they're only earning 2.5 per cent is simply not fair.
07/07/2014 05:58 EDT
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