Succession Planning for Advisors

Succession Planning for Advisors

When considering an exit plan, it is important to remember the journey. The ups and downs. The perseverance and tenacity to be leaders amongst your peers. These stats may resonate: ·      20% of new businesses don’t survive their first year. ·      30% of these will...
Succession Planning for Advisors

The “Ah-Ha” moments

Benefit Plan administrators know it is not uncommon to request the benefit plan enrolment information from employees, only to be declined or delayed in getting the expected paperwork or on-line enrolment completed. Employees will refuse coverage, often stating they...
Succession Planning for Advisors

Expectations on Fraud

Attending an understanding of benefit fraud to work toward recognition and prevention, offered through Sun Life Financial, the speaker used an apt example to explain how fraud happens. During the annual parade of costumed children on Halloween, many households now use...
Succession Planning for Advisors

Understanding the “J’ Curve in Benefits

There is a fascination with the “hockey-stick” notion of being innovative and implementing change in business. However, the economic notion of the “J curve” is more the reality and never more so than when implementing a benefit program for staff. The Hockey-Stick...
Succession Planning for Advisors

Administrative Services Only (ASO)

A benefit tool by many names. First things first, there is often confusion between what is insurance and what is not. Insurance is when the “risk” of claim—life insurance, disability, pharmacy, health care—is under contract with an insurance provider. Financial...