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0 0.00170045781556567 -0.000130804447351277 0.000654022236756012 0.00575539568345321 0.00353172007848262 0.00601700457815557 0.00640941792020922
Stock impact report

February is more than just for RRSPs [Advisor.ca (Canada)]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Advisor.ca
February is still the busiest time of the year, but it has become less frantic in the past decade as clients spread out contributions with regular RRSP contributions, said Devin Cattelan, a portfolio manager at Verecan Capital Management in Toronto. “It's definitely not to the same extent as it was when people rushed in before the deadline to make contributions via cheque,” he said. But lump-sum contributions haven't disappeared. Those with commissions, bonuses or distributions from holding companies still make large one-time investments through their RRSP in the first 60 days of the year, said Stephanie Pantaleo, vice-president of wealth management and family office services at Pembroke Management in Toronto. Advisors said the beginning of the year has increasingly become RRIF withdrawal season as clients age while younger clients look to meet the December deadline for other registered accounts. And in every case, advisors are leaning on support from their firms and colleagues Show less Read more
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