There has been a lot of talk about the state of the markets in the news as of late, along with many changes to taxation laws and Pharmacare news that could affect you. On top of the industry’s news, we’ve also had some recent changes to the office that we would like you to know about.
After 5 years of hosting the YMCA’s Regional Development Centre, they will be moving to the YMCA of Greater Halifax/Dartmouth ahead of the construction of the new YMCA facility on South Park Street. While we are sad to see them go, it has opened the door to welcoming new strategic partners to Trinity Wealth over the coming months.
On that note, we are pleased to announce that we’ve been joined by a new advisor, Lorna Maughan. Lorna moved to Nova Scotia from Bristol, England in 2015 and has over 25 years of experience in financial planning, specializing in pensions and investments in the UK. Whether advising corporate or personal clients Lorna has always prided herself on providing holistic financial planning based on risk tolerance and portfolio management. She is very excited to have joined the team at Trinity and she is very keen use all her skills gained from the UK here in Nova Scotia. Welcome, Lorna!
New advisors in our office are an excellent opportunity for everyone here to share ideas, stimulate discussion on both investment and insurance product and planning strategies, and has thus far proven to increase the collective financial planning knowledge we at Trinity Wealth Partners have to offer our clients. While each advisor keeps their own business and clients separate from the others (including client files and account access), we have the distinct advantage of a financial think-tank with input from advisors coming from a range of specialties. Lorna’s featured article this quarter addresses the complexity of transferring your overseas pension to Canada and the considerations that should be given due to the unique features of UK pension plans.
It’s usually around this time of year that we hear from many of you regarding topping up one or both of your RRSPs or TFSAs. Patricia has some good advice in this edition about more effective means to make your RRSP contributions more manageable. This year we’ve also been fielding questions about the state of the markets and the Canadian dollar. For Rick’s thoughts on the markets, see the next page.
2016 is shaping up to be a year of legislation changes both federally and provincially. We’ve covered the impending/potential taxation changes in more detail in this edition of our newsletter along with the halt on changes to the cost of Nova Scotia’s Pharmacare program for seniors.
If you’d like more information on any of these topics please be in touch!