REPEAT: BMO Launches Financial Planning Website
- Site will help Canadians feel more confident about their financial situation; offers a variety of online calculators, worksheets and checklists - New study from BMO indicates that almost two-thirds of Canadians have a financial plan, up 10 per cent from 2010 - Of the 36 per cent who don't have a plan, most say they don't know where to start and/or feel they don't have enough money to start a plan
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 10/27/12 -- BMO Financial Group today announced the launch of a new financial planning website that will enable Canadians to determine what steps to take today to reach their financial goals with confidence.
A financial plan helps people work towards their short and long-term goals like the purchase of a new home, saving for a child's education or investing for retirement. It is a roadmap that outlines the path forward from where they are today to where they want to be in the future. At BMO, the process begins with a financial advisor reviewing a person's finances - including assets, liabilities, income, spending habits and investments - then building a personalize plan that takes these items and risk tolerance into account and fits with the rest of his/her life.
According to a study released today by BMO, two-thirds (64 per cent) of Canadians have a financial plan, up 10 per cent from two years ago. However, more than one-third (36 per cent) still lack a financial plan, potentially hindering their ability to realize their financial goals.
"It's encouraging to see that an increasing number of Canadians have a financial plan," said Lisa Parise, Director of Enterprise Wealth Planning, BMO Financial Group. "However, there is still room for improvement as more than one-third of Canadians still lack a plan. Without one, it's easy to get distracted and not take the necessary actions to get you where you want to be."
The study also found that, of those Canadians who do not have a financial plan:
BMO Financial Planning Website Offers a Variety of Tools and Resources
Responding to these concerns, BMO launched its new website with the goal of helping Canadians better understand how financial planning sets them on the right path to achieving their goals.
The BMO Financial Planning website, at bmo.com/confidence, features a full range of online tools to help Canadians get started, including:
"Understanding one's goals is the key to successful planning. BMO's new financial planning website offers a variety of calculators, checklists and videos to assist Canadians in achieving their goals," said Ms. Parise. "It doesn't matter how much money you have as long as you can identify what really matters to you and build a plan that works for your life."
Other Key Study Findings:
For more information on planning for the future, please visit .
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BMO Financial Planning Study- Regional Breakdown (all in %)
The online survey was conducted by Pollara with a random sample of 1,000 Canadians 18 years of age and over, between September 6-10, 2012.
Contacts:
Media contacts:
Amanda Robinson, Toronto
416-867-3996
Valerie Doucet, Montreal
514-877-8224
Laurie Grant, Vancouver
604-665-7596
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Unternehmensinformation / Kurzprofil:
Datum: 27.10.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 196915
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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"REPEAT: BMO Launches Financial Planning Website"
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