The Role of Mutual Funds in Long-Term Retirement Planning.

The prospect of retirement planning is daunting for many, with a myriad of options from which to choose. As individuals chart their course toward a secure retirement, mutual funds can play a pivotal role in achieving financial stability and peace of mind. One key advantage of mutual funds is their inherent diversification. These funds pool money from various investors to invest in a diversified portfolio of stocks, bonds, or other assets. This diversification minimizes risk by spreading investments across different […]

Give a Gift that Keeps on Giving

With Christmas fast approaching, every year we are all tasked with the responsibility of what gift to give our loved ones, and in particular, our children. While we generally gift toys or clothing, why not be a little innovative this year by giving a financial gift, one which can add long term value to your child’s life and teach them the value of money from an early age.                         […]

Protect against Pyramid Schemes

Don’t fall Victim to ‘Easy Money Scams’ A primary role of the TTSEC is to protect investors. We do this by educating the public about their rights and responsibilities as investors and informing them about investment fraud. The TTSEC also works closely with other Regulators to take action against financial fraud and investment scams, such as Pyramid Schemes’. The Financial System Regulatory Authorities: the Trinidad and Tobago Securities and Exchange Commission (TTSEC), the Financial Intelligence Unit of Trinidad and Tobago […]

Managing Financial Health in Challenging Times

Introduction: The recent global pandemic caused by the outbreak of the Novel Coronavirus, COVID-19, has inevitably impacted Trinidad and Tobago. Many non-essential services have regulated their hours of operation or closed; and businesses, organisations and government Ministries, have all adjusted their working operations and conditions to ensure the safety of their workforce and all citizen/residents. These are challenging and uncertain times, and in such circumstances, a major fallout as a result of such limitations is, a reduction in income due […]