April 12 roundup - MoneySense

April 12 roundup

On ethical financial advising, soaring consumer debt levels and understanding company pension plans.


•Should financial advisers be expected to detect mental incapacity in clients? Canadian business ethics blogger Chris MacDonald says an investment adviser is not, and cannot be, just a salesperson.

•Soaring real estate prices alone can’t be to blame for rising debt levels in Canada. Equifax Canada’s latest consumer credit report found that indebtedness, excluding mortgages, grew 3.4% year-over-year in the first-quarter.

•Boomer and Echo’s latest post attempts to decode company pension plans. Most people can’t answer simple questions like whether they can take their pensions with them if they change jobs.