TORONTO, Nov. 19, 2020 /CNW/ - Scotiabank is pleased to
host a virtual event on November 24,
2020, to help Canadians financially navigate through the
uncertainties of the COVID-19 pandemic.
"We know many Canadians are facing financial uncertainties right
now and have questions about their financial future," said
D'Arcy McDonald, SVP, Deposits,
Investments & Payments at Scotiabank. "We've heard these
concerns and want to help them understand the current investment
environment, the road ahead and how and when to tap into expert
advice."
A recent Scotiabank survey showed that more than 38% of
Canadians are putting extra money they are not spending while in
lockdown into their investments and the majority of Canadians (62%)
agree that receiving advice from an advisor is more important now
than before the pandemic began. More than half of Canadians (51%)
revealed the need to reassess their financial goals due to the
challenges posed by COVID-19.
"An overwhelming number of Canadians are looking for financial
advice whether it is about their investments, the economic recovery
outlook, or their retirement," says McDonald. "This event will help
guide those struggling with the economic and financial impact of
COVID-19, by giving them tools and practical information to help
them plan for their future."
Moderated by Sandra Martin,
Editor-In-Chief of MoneySense, the Investing in Uncertain Times
Virtual Panel will be held on November
24 at 12:00 p.m. and will
cover pressing issues relating to the economy, saving, investing,
finding balance during these tough times, and much more.
Scotiabank panel experts include: Jean-Francois Perrault, Chief Economist;
Judith Chan, Director, Portfolio
Solutions; Iris Gu, Financial
Advisor.
To register and watch the virtual event on November 24, visit
Scotiabank.com/investing
Methodology: The Scotiabank COVID-19 poll was conducted
online between May 15 – 28th, 2020, with a
nationally-representative sample of 1,009 adult Canadians (18+
years of age) who are the primary or shared decision maker for
their household finances. The sample was drawn from the Nielsen
Consumer Insights Online panel. The overall data has been weighted
by age, gender, and region to be representative of the Canadian
adult population.
The 2020 Scotiabank Money Readiness Poll was conducted by
Maru Blue on October 7, 2020. A total of 1,511 surveys were
collected from a random sample of panel members across Canada.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future", we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of over 90,000
employees and assets of approximately $1.2
trillion (as at July 31,
2020), Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit our website and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank