Posted: Friday, 4 November 2011

The financial industry has declared November to be "Financial Literacy Month" in Canada. It's a month where banks, mutual funds, and insurance companies will try to educate ‘uninformed’ individuals, but gloss over their predatory behaviour that allows them to make millions in profit at our expense.

In the spirit of Financial Literacy Month, learn more about how financial institutions and mutual fund companies gouge consumers with management fees that can eat over half the value of your investment over a lifetime.

Learn how expanding the Canada Pension Plan is a far better deal for you than any plan backed by bank, mutual fund or insurance company.