Mackenzie opens door to better client conversations

first_img Facebook LinkedIn Twitter Related news Keywords RetirementCompanies Mackenzie Financial Corp. Mackenzie Financial Corp. Monday introduced Live It (, a new framework for investment conversations based on the six concerns that matter most to investors. The message of Live It reflects Canadians aspirations to live a fulfilling life today, and through a strong investment plan, into the future. IE Staff Share this article and your comments with peers on social mediacenter_img New CI fund to invest in “longevity economy” JustWealth enters group benefits space “Through Live It, we want to help advisors shape conversations with their clients so that their key investment concerns – and their top aspirations – are addressed, said Jeff Carney, president and CEO of Mackenzie Investments. The Live It framework was built after extensive conversations and research with investors and advisors to find out what issues were on their minds. Live It puts a spotlight on those areas through an acronym that takes the first letter from each major financial challenge facing investors today, and in the future: Longevity, Income, Volatility, Estate, Inflation and Taxes. Mackenzie says the program is an engaging way for advisors to lead constructive conversations with clients about retirement and investing and to focus the discussion on the right solutions to help clients retire in a strong financial position. A poll conducted by Leger on behalf of Mackenzie Investments revealed key topics for investors. Their answers told the Live It story: 72 per cent are concerned about not having set aside enough money to last through their retirement; 67 per cent feel GIC rates are too low to generate the income they’ll need; 52 per cent feel volatility has made their investment goals less attainable; 47 per cent have Estate as a part of their financial plan; 72 per cent are worried about the long-term impact of inflation; and 90 per cent underestimate the amount of tax they pay. “Using the Live It framework, advisors can engage clients in conversations that go to the core of their financial concerns and aspirations,” said Su McVey, senior vice president, marketing. “That engagement will reveal the unique insights needed to build truly customized plans with the most appropriate solutions that work now and into the future.” Mackenzie is supporting Live It conversations with a materials at that includes videos and white papers, guidance from the Mackenzie tax and estate planning team, product ideas, video insights from Mackenzie’s portfolio managers and technical white papers on innovative investment strategies. The Mackenzie Live It program will provide content and tools for investors as well as advisor specific resources. An online survey of 959 Canadians was conducted for Mackenzie between March 17 and March 20. A probability sample of the same size would yield a margin of error of plus or minus 2.5 per cent, 19 times out of 20. RBC GAM updates retirement portfolioslast_img read more

Weather halts on-track action at New Hampshire

first_imgRELATED: Live radar for Loudon, New HampshireInclement weather in the area surrounding New Hampshire Motor Speedway cut short final XFINITY Series practice on Friday 20 minutes into the session.The series’ first practice, from 1-1:55 p.m. ET was completed, as was opening Monster Energy NASCAR Cup Series practice.Monster Energy Series Coors Light Pole qualifying, which was scheduled to begin at 4:45 p.m. ET, was moved back to 5:05 p.m. ET.NASCAR officials said there are seven Air Titans, six jet dryers and one Elgin sweeper on hand to combat the rain.last_img read more

Youth invited to enter Farmington/Hills Optimists essay contest

first_imgThe Farmington/Farmington Hills Optimist Breakfast Club is accepting applications through January 22, 2019, for the 2018-2019 Optimist Essay Contest.Open to Farmington and Farmington Hills students in 7th and 8th and 9th-12th grades, this year’s competition explores the theme, “When All the World’s Problems are Solved, is Optimism Still Necessary?”. Three winners in each age category will receive a medal and a cash prize. Winning students and their families will be invited to a breakfast held February 27, 7:30 a.m., at John Cowley & Sons in downtown Farmington.Applications and more information are posted at, under “Optimists – Events/Programs”. Or contact Anna Durham at 248-892-2919 or [email protected] Reported by admin Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)last_img read more

Ole Miss RT Cooper to play in East-West Shrine Game

first_imgOXFORD – Ole Miss offensive tackle Fahn Cooper has accepted an invitation to play in the 91st East-West Shrine game, which will be held at Tropicana Field in St. Petersburg, Fla.Ole Miss right tackle Fahn Cooper has accepted a spot in the East-West Shrine Game in January.Ole Miss right tackle Fahn Cooper has accepted a spot in the East-West Shrine Game in January.The senior has started all 23 games in his Rebels career, filling in for the first seven games during left tackle Laremy Tunsil’s seven-game suspension for accepting impermissible benefits. Cooper has started 14 games at right tackle, his normal position, and nine at left tackle.Cooper spent two seasons at Bowling Green before playing left tackle for one season at College of DuPage in Illinois and transferring to Ole Miss.Cooper said he noticed over the summer that NFL teams have few offensive linemen on their rosters, which made him think his ability to play multiple positions would be appealing.The game is Jan. 23 (3 p.m., NFL Network) and has featured 72 Hall of Famers and 265 players currently on NFL rosters, including New England Patriots quarterback Tom Brady.Contact Daniel Paulling at [email protected] Follow @DanielPaulling on Twitter.last_img read more

Utah Jazz go with new starting lineup, but it doesn’t help in loss to Knicks

first_img Related We haven’t started games well, that’s no secret. That hasn’t been one guy’s fault. If it’s anybody’s fault, it’s mine. – Jazz coach Quin SnyderSALT LAKE CITY — After too many sluggish starts to games this season, Jazz coach Quin Snyder decided to make a change in his starting lineup Friday night against the New York Knicks in an effort to get out of the gates more quickly.With Rudy Gobert joining the lineup after a 15-game absence, the Jazz coach opted to start Donovan Mitchell and Rodney Hood together for just the second time this season and send Joe Ingles to the bench for the first time all season.Turns out, the new lineup did little good as the Jazz fell to the Knicks 117-115 at Vivint Arena.Once again, the Jazz got off to another slow start, falling behind by seven midway through the first quarter. Then after coming back to take a six-point halftime lead, the starting group allowed the Knicks to start the second half with runs of 7-0 and 15-8 as the Jazz fell behind again.But you can’t blame the loss entirely on the new lineup as the Jazz defense just couldn’t stop Tim Hardaway Jr., and Courtney Lee, who combined for 32 second-half points on their way to 31 and 18 points, respectively.When asked specifically after the game about the effectiveness of the new starting lineup, Snyder said it had little to do with the outcome.”I’ll have to go back and look at it,” he said. “I don’t attribute (the loss) to any one thing. As I’ve said before, starting lineups … we put a ton of emphasis on it. It can’t be who’s in at the beginning of the game. It’s collective and collectively at the beginning of that third quarter, we weren’t good.”It’s not that Snyder hasn’t used a lot of starting lineups this year, with nine different lineups before Friday. But most were out of necessity because of injury issues.However, with Gobert coming back to the lineup after being out for 15 games since mid-December, Snyder chose to put Mitchell and Hood together in an effort to get more scoring punch from the start.“We haven’t started games well, that’s no secret,” said Snyder before the game. “That hasn’t been one guy’s fault. If it’s anybody’s fault, it’s mine.”While Hood made a couple of early baskets on his way to 18 points, Mitchell struggled for the first time in a while and went scoreless in the first quarter and only had two points by halftime. He got heated up in the fourth quarter and finished with 17 points, but only made 7 of 21 shots on the night.Snyder didn’t belive Mitchell’s off-night had anything to do with the change in rotations.”There wasn’t anything you could attribute in Donovan’s play to rotations,” Snyder said. “Donovan’s a young player and he’s going to have ups and downs, and he had some ups tonight and he had some downs.”Before Friday, the Jazz had been outscored by 124 points total in the first quarter, by far their worst quarter this year. Against Sacramento Wednesday, the Jazz had fallen behind by 10 points midway through the first quarter before fighting back and eventually taking a 15-point victory.With the lineup change, the odd man out was Ingles, who was the only Jazz player to start all 44 games this season (Ricky Rubio started 43, but missed one game with an injury).Snyder emphasized that Ingles was fine with the change, saying that Ingles had actually volunteered to come off the bench back in November.“I wasn’t coming to Joe with a huge sacrifice,” Snyder said. “The way he’s wired, he just wants to win and wants to play. It felt like this is the right thing for the team at this point.”Coming off the bench, Ingles scored just one point in the first half before finishing with nine points and seven rebounds. He ended up playing 29 minutes, just one fewer than his season average.“’I’m giving it more attention than it deserves,” Snyder said of the lineup change. We’ll see if he goes with the same lineup Saturday night when the L.A. Clippers visit Vivint Arena. 3 keys: Jazz vs. Knicks Two former Jazz players and two current stars are good with Utah Tim Hardaway Jr. leads Knicks past Jazz again in Rudy Gobert’s returnlast_img read more

Not so fast cordcutters_cable’s not going anywhere

first_imgNEW YORK | Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Customers tired of paying big fees for hundreds of channels they never watch just to have access to a few favorite shows might be expected to start cancelling cable service in droves. Get Netflix, throw in HBO, add a network here and there — why would anyone sign up now for cable?FILE – This May 30, 2007 file photo shows a cable box on top of a television in Philadelphia. Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. But cutting the cord won’t mean cutting out your cable provider, and some would-be customers may balk when they see just how much paying a la carte actually costs. (AP Photo/Matt Rourke, File)Well, don’t sound the death knell for cable companies yet.Some would-be customers may balk when they see just how much paying a la carte actually costs. Stations that offer services a la carte will have to pay for marketing that the cable and satellite companies usually cover. Fewer eyeballs on live TV could mean less advertising revenue, since online ads are generally cheaper, and that will boost the network’s cost of running the channel. And smooth streaming costs money: to avoid so-called “throttling” during peak evening viewing times, Netflix buckled to broadband distributors like Comcast and Verizon and paid up so that its streaming service would run at a higher bandwidth and work more smoothly. Those added costs might be passed on to customers.And for all those cable haters out there, sorry: Cutting the cord won’t mean cutting out your cable provider. They often own some of your favorite channels (Comcast owns NBC Universal, parent of Bravo and USA) and in most areas they are the gatekeepers to the Internet. Offering popular channels like HBO over streaming could actually help cable companies sell more expensive broadband services to customers.“The cable business is evolving from mainly selling you a pay TV package to mainly selling you a broadband Internet service,” says FBR Research analyst Barton Crockett. “Content companies and cable companies are evolving from being very worried about making their content available through Internet services to very excited about that. It’s a way to sell their Internet and get people to pay for faster speeds.”The cable and satellite television industry is going through major consolidation, to mitigate the higher cost each year of carriage fees that the networks charge for their channels and boost pricing power. Comcast Corp. is in the process of buying Time Warner Cable Inc. for $45 billion, which would make it by far the largest TV and broadband provider. AT&T Inc. is planning to buy satellite service DirecTV for $48.5 billion. Both are under regulatory review; customers complain such deals would create monopolies that would hijack choice.Meanwhile, pay-TV subscriptions have flatlined at about 101 million, according to data from research firm SNL Kagan. The number of high-speed Internet subscribers rose about 1 percent during the same period to 90.1 million. By comparison, pay-TV nemesis Netflix Inc. has about 37.2 million U.S. subscribers and expects to add 1.85 million during the final months of this year.The growth in streaming services will appeal “to a segment of consumers that the traditional pay-TV providers have a harder and harder time communicating with: the millennials and so called ‘cord-nevers’” who haven’t viewed Pay TV as a compelling option until now,” says MoffettNathanson partner Craig Moffett. In fact, HBO said its stand-alone HBO Go service is largely aimed at the 10 million U.S. households that have broadband Internet service but do not pay for TV.So as more channels start to offer a la carte services, cable providers will shift to focus on their broadband services, Moffett thinks.“Cable companies will become increasingly reliant on broadband, and gradually evolve their business models to be less and less video-centric and more broadband-centric over time,” he said. That leaves satellite pay-TV companies like DirecTV and Dish Network Inc., which have no broadband capability, as the “odd man out,” he said.Cable companies say they want to offer customers more choice, and if customers want to go online, they plan to be a part of that transaction.“The overwhelming majority of our customers prefer to access video content via digital cable bundles for convenience, service quality and value of the total package, but cable broadband provides the fastest and most reliable connection to online content for those who choose to access it,” says Todd Smith, spokesman for Cox Communications, which offers cable and broadband to 6 million customers.Other cable and satellite services did not respond to a request for comment or declined to comment.last_img read more