Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.In Canada, many branch-based financial planners are paid on a 100-per-cent commission basis, while some are salary-based employees who receive an annual bonus for hitting performance goals, which include sales targets.
, a certified financial planner who spent nearly two decades working for the big banks, about the extreme pressure to meet sales targets and how it affects Canadian bank consumers.Before heading on your next trip, , because hotels and credit card companies typically apply a pending charge when you arrive. This can zap your available credit and linger on your statement for days, even though the amount is never actually charged.Having failed to tame stubbornly-high inflation, the Bank of England opted for the element of surprise, raising its benchmark rate by a half a percentage point last week. The U.S. Federal Reserve held its target rate at 5.