Bulletins - Consumers | Ombudsman for Banking Services and Investments

Bulletin: Updated Consent Letter and What to Expect document

OBSI is pleased to announce the launch of our newly updated Consent Letter and What to Expect document.

Seven Things to Remember When Considering a Group RESP

A Registered Education Savings Plan (RESP) is one of many ways to save for your child’s education. When choosing an RESP it is important to shop around and to understand the range of different RESP types available in Canada.

Identifying and protecting yourself from fraudulent investment products or financial scam artists

The financial concerns commonly faced by seniors are at the forefront of Canadians’ minds during senior’s month, 2016. Many investing seniors are seeking to maximise their retirement income.

Not investing in typical GICs? Know your options

Stretching your hard earned savings becomes more important as you approach retirement. If you have a financial advisor, you can work with them to explore investment options that may help to maximize your retirement income.

Seniors investing with high risk

Is it true that “seniors cannot afford to take any risks” when it comes to investing?

We often receive complaints from seniors about investments that have lost money, and some suggest that any high risk investments should have been considered unsuitable by their investment advisor.