BMO Valentine's Day Report

One Third of Canadian Couples Want to Keep Certain Aspects of Their Finances a Secret - Seite 3

Couples gave several reasons for wanting to keep their finances separate:

• Feeling their individual methods of financial management to be easier (42 per cent)
• Wanting to maintain a sense of independence (40 per cent)
• Wanting to be cautious in case of a split (16 per cent)
• Not wanting to share due to differing incomes (19 per cent), or differing financial goals (18 per cent)
• Not wanting their partner knowing all of their financial details (10 per cent)

"Now, more than ever, we see that Canadians value financial autonomy, so it's important that Canadians are aware that there are options that meet their needs," added Ms. Canning. "At BMO, we want to help our customers ease the tension that often accompanies discussion about finances, and provide them with solutions that bring simplicity and peace of mind to their everyday lives."

To learn more about the BMO® PlanShare feature, visit: www.BMO.com/PlanShare, or speak to your financial advisor.

The BMO PlanShare Survey was conducted by Pollara between January 21^st and January 25^th, 2016 with an online sample of 1,004 adult Canadians who are either married, living common law or have been in a serious relationship for at least 2 years.. Data has been weighted using the latest census data to be representative of the Canadian population in terms of gender and region. The margin of error for a probability sample size of 1,004 is ± 3.1%, 19 times out of 20.

*For illustration purposes only. The savings of $360 assumes the following: (i) one monthly Premium Plan fee of $30.00 per month ($360.00 per year) is shared between you and your spouse or partner, rather than each person paying a separate monthly Plan fee of $30.00, (ii) no other per-item or over-limit transaction fees apply, and (iii) the account is not eligible for the monthly balance Plan fee waiver during the twelve-month period.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $672 billion as of October 31, 2015, and close to 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.

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