Winter 2014

In This Issue
Patent Cliff Leads To More Drug Options
Talking to Parents about Money
Year-End Tax Planning Tips
Our Company: Products & Services
Do You Know What Your Travel Insurance Really Covers?
42 Things You Can Do Right Now To Spend Less Money
Dear Clients and Friends,


Now that December is here, it's time to pull out the toques and scarves and keep warm with lots of hot cocoa.  Best of all, it means that all the NHL teams are back in action - very exciting!  The Big Board (Dow, TSX) markets continue to perform well - after a bit of a late summer shake up - while the junior resource sector still can't seem to find its footing.   Hopefully, we will see that rebound as well next year!  


This is always a good time of year to give thanks and we thank all of you for your continued support of Thomas O'Neill & Associates.  We are so very privileged to work on your behalf and appreciate the opportunities you have given us over the years.  Once again, we are conducting a drive for the Greater Vancouver Food Bank society and encourage you to join us in giving to this or your favourite charity.


We hope you enjoy the remainder of 2014 and wish you and your family all the best for the holidays as well as a prosperous and healthy New Year!




Thomas O'Neill

Group Benefits
Patent Cliff Leads to More Drug Options


Large pharmaceutical drug companies, such as Pfizer, Sanofi, and Novartis, have profited for many years under the protection of their drug patents. As a large number of leading drugs reach the end of the patent life span, we are seeing great changes in the marketplace and more treatment options for consumers.

Continue reading...

Financial Planning
Talking to Parents about Money


Have you had "the talk" with your parents yet? How much do you know about your parents' financial situation? The first step to breaking the ice is having a casual conversation. When you notice that your parents are slowing down, it is time to reach out to them and offer support. While it can be difficult to get a full understanding of your parents' finances and situation, proper planning and advice can help with the avoidance of probate fees and excessive paperwork. The probate process can be grueling and tedious and, in addition, the probate fees can be as high as 2.5%. The more you know about your parents' financial situation, the better you will be able to help them as they age gracefully into the future. The attached article provides some helpful tips on how to go about talking to your parents about their financial situation.


Click here for the full article.


Tax & Estate Planning
Year-End Tax Planning Tips

As December 31st is quickly approaching, it's a good time to look at some tax planning that needs to be implemented prior to year-end.  The following is a list of tax tips to keep in mind. 

Valued Partners

Axis Insurance 


Axis Insurance Managers Inc. is an internationally renowned commercial and general insurance brokerage group of over 50 talented professionals specializing in commercial and general insurance which is why Thomas O'Neill & Associates has decided to strike a referral service with Axis.  Axis Partners are all senior professionals with exceptional reputations, years of experience and immense technical knowledge.  And because each one of them has an equity share in the business, they understand what owning a business is all about.

Axis Mangers are able to work with their clients to build personalized commercial insurance coverage or assist in obtaining directors' insurance for corporations. Their relationships with underwriters and insurers helps Axis in negotiating policy wordings to benefit their customers. They have expertise in most industries: forestry, mining, construction, manufacturing, high tech, transportation, hospitality, and not-for-profit.


Their individual clients' services are provided through their subsidiary, Axis Elite, specializing in home and property insurance. The Axis Elite team can create an insurance program that gives you complete peace of mind and matches your lifestyle, your goals and your tolerance for risk. 


If you would like to read more about their services, their website is, or you can reach them at 604-731-5328. 



Suite 1918 - 925 West Georgia Street, Vancouver, BC, V6C3L2

Phone: 604-484-4170  Email:   Web: