Canadians want provincial governments to protect their savings

Photographer: Wilfred Iven

Photographer: Wilfred Iven

“A new poll by the country’s largest advocacy group for people over age 50 suggests that older Canadians want provincial governments to better protect their life savings,” wrote Erica Johnson for CBC News on April 20, 2017.

Johnson continued, “CARP conducted an online survey of 1,900 members last month and Go Public has obtained an advance copy of the poll’s results. Amongst the key findings:

  • 89 per cent of CARP members support a best interest standard (requiring that the interests of financial consumers be put at the forefront of all investment decisions).
  • 79 per cent support the elimination of embedded fees in financial products.
  • 89 per cent want the titles used by people selling financial investments to be regulated.”

Read the full article here.

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