Products December 12, 2006

Pacific West Financial Consultants Adds MKG Capital Advisors to Inv. Offerings

Pacific West Financial Consultants, Inc., a SEC registered investment advisor with licensed financial advisors throughout the United States, has added MKG Capital Advisors, Ltd. to its offering of investment vehicles for clients throughout the United States.
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MKG Capital Advisors, Ltd. is a SEC registered investment adviser with more than $53 million under management that also sub-advises the assets of MKG Financial Group, Inc., a broker-dealer and member firm of the National Association of Securities Dealers, Inc. (NASD) and Securities Investor Protection Corporation (SIPC).

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“MKG Capital will be available to Pacific West clients who are seeking investments in publicly traded small-to-mid cap companies,” said Rod Ehrlich, advisory services manager at Pacific West, in a press release.

Data & Research December 12, 2006

Like American Counterparts, Canadians Expect to Work in Retirement Years

Mandatory retirement will be illegal in Canada beginning Tuesday, and a new survey finds that this will have quite an effect on the Canadian working population.
Reported by

Seventy-three percent of pre-retirees expect to work into their retirement years, although survey respondents, regardless of retirement status, age, gender or level of wealth, would prefer not to work, according to a BMO Financial Group news release about their recent study, conducted by Ipsos Reid.

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Ideally, respondents said they would rather spend their retirement years traveling, engaging in hobbies, spending time with family and friends, and doing volunteer work. Working into retirement was not just about making money, the survey found, as 71% of respondents said they expect to continue working to be mentally active. While 69% did say earning money would be the reason to continue working, 63% also said keeping in touch with people would be a motivation, according to the news release.

Further, 91% of Ontario baby boomers said they are willing to continue to work if they are not able to save enough to fund their retirement, according to BMO. Seventy-two percent of Ontario boomers surveyed said they do not feel they are on track with saving for their retirement or do not know if they are on track.

More information can be found at www.bmo.com/retirementyourway.

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