18 - Sunday, November 16, 1986 - North Shore News

PENSION PLANS

Annuities solve

From page 17

The majority of annuity business
in Canada is written by mutual
companies, wholly owned by the
policy holders. The Superintendent
of Insurance requires that all
liabilities under annuity contracts
be fully funded with assets of the
highest quality deposited in trust
with his department. Consequent-
ly, a life annuity with a Canadian
life insurance company is one of
the safest contracts in the world.

Annuity contracts are not for
everyone. If you have enough cap-

ital to live of f the income and leave
it to your dependents, then an an-
nuily is probably not for you.
However, many people have
limited resources in retirement
and, without an annuity, they face
the dilemma of how to stretch their
capital over their remaining life-
lime.

With an annuity, this problem is
solved. They will receive a higher
income than they would from in-
terest only and yet they know that,
no matter how long they live, this
income will continue.

Annuities, properly used, have

formed the basis of pension in-
comes, large and small for genera-
tions and will continue to provide
them for generations to come.

Bert Wickham is one of B.C.'s
foremost authorities on financial
planning for retirement. This series
of articles is designed to help you
make the most of your income in
retirement and keep your taxes to
the legal minimum, However, as
they are of a general nature,
readers are advised to check
carefully before applying them to
their personal situation.

TEE eR

FINANCIAL PLANNIN
FOR RETIREMENT

~~ SEMINARS ~~~

The seminars, in the form of a two-hour slide
presentation, are for persons age 55 and over.

i Maximizing interest & pension income (for agees 60+)

i The RRIF... the annuity... How and when to choose
1 Your R.R.S.P. maturity options

e” Selecting the proper investment product...

e~ Taking advantage of availcble tax concessions

Tuesday Nov. 18th, 7:30 p.m. Tuesday, Nov. 25, 1:30 p.m.
Delbrook Community Centre, North Van

Thursday, Nov. 20th, 7:30 p.m., West Van Seniors Centre

By Registration Only
38-9577

“A no-charge, no-obligation seminar
for ages 55 and over, sponsored by

SOLGUARD

ANNUITY CONSULTING SERVICES LTD.
RETIREMENT PLANNING SPECIALISTS
1205-675 WEST HASTINGS ST., VANCOUVER, B.C.

gil,

A word to the wise...

Annunty Brokers

Winterize!

COMPLETE TUNE-UP*

Includes new Champion “Copperplus”
sparkplugs, new PVC. valve, “Scope Test"
ignition and carburetor adjustment and road

testing.
*2.6 litre & VB engines slightly extra,

ONLY

This is approximately a four hour service and
includes consultation time with shop
manager, if requested, all for only $99.95
parts & labour included. It is a minimum
$75.00 SAVING on our regular pricing.
Larger motorhornes; extra charge for brake
inspection. ‘

COOLING SYSTEM TUNE-UP

Drain the cooling system, install up to 4 litres
AutoPar 4 Season Coolant, check radiator cap,
thermostat, belts and hoses.

OIL & FILTER

Lubricate chassis, check transmission oil,
differential oil, inspect hoses, belts, check
battery condition, power steering, windshield
washer fluid, check tire pressures & tread
wear. Lube door locks and hinges.

Pre-Centennial Special

‘ 1

|
| March 1991 |

Automatic Deposit. Annual Interest, Minimum $500.
Rates subject to change without notice
{include bonus)

7 Ww I Nz 4trips to any-

where Canadian Pacific
Air Lines flies plus spending money!

Every $500 invested in a GIC or Debenture before December 61s
your chance to win. Correct answer to a mathematical sktll-testing

question required to win. Full + ft
contest rules at your branch. Ca nadian Pacific = q
irLines =~

W Central Trust

Central and Eastern Mortgage Corporation Members Canata Deposit insieance Corositiat

For most North American built
cars & iight trucks.

BRAKE INSPECTION

Remove all four wheels, clean out dust and
report condition of linings and wheel cylinders.

Special Prices in effect till
November 30, 1986

Hours: 8:00 a.m. - 4:30 p.m. Mon.-Fri.

Service
980-8501

Parts
980-2055
Body Shop
986-2601

Show your
car you Care

Vancouver 750 West Pendsr St. Tel 684-2581
Monday-Thursday 830. tn -5.00 p.m. Friday 8:30.a m.-6.00p.m