Oaken Blog

November is Financial Literacy Month, and we’re doing our part to help spread the word. This initiative was started by the federal government in 2012, and is led by the Financial Consumer Agency of Canada (FCAC). read more

Did you know that, according to police figures, Canadians reported losing over $120 million to scammers last year? The actual number could be much higher as the Better Business Bureau estimates that the figure jumps to well over a billion dollars when you include all the presumed losses that no one even bothers to report. read more

One of the most ignored elements of personal financial planning is also the most basic: a will. A remarkably high number of Canadians don’t have a will, and in many ways that’s not surprising. read more

Back in the 1980s, one of Canada’s biggest insurance companies launched an advertising campaign to promote the idea of retiring at the age of 55. It was a very clever marketing strategy, and became hugely popular. read more

One question that every young person should ask themselves is “How do I start saving for retirement?”. And another question that many older people may ask is “Is it too late to start saving for retirement?”. read more

If you’ve been hearing more and more about robo-advisors lately, that’s no surprise. First offered in the United States, robo-advisors have spread to the rest of the world, and are now one of the hottest ways of managing money for the average investor. read more