Pension plans leave much to be desired
Advisors have high expectations of their banks' pension plans, but many bemoaned the changes their firms have implemented
- By: Sophie Allen-Barron
- June 22, 2017 November 9, 2019
- 23:50
Advisors have high expectations of their banks' pension plans, but many bemoaned the changes their firms have implemented
Advisors praised their banks' websites and mobile apps for being easy to use and providing clients with access to accounts
Advisors have various reasons for their dissatisfaction with their banks' support for both tax and wills and estate planning
Scotiabank, National Bank and CIBC advisors were quite vocal in their disapproval of changes to their paycheques
Advisors cited technology as one the key areas that their banks could most improve upon
An overall decline in advisors' average AUM and productivity may be signs that all is not right in this channel
Matthew Urback flags key points in the estates process where advisors can act to protect both their clients and their practice from the impacts of…
Although there have been significant changes to the Report Card, advisors’ ratings, overall, have remained fairly stable since 2008
There are concerns that clients won’t be able to afford life insurance or that other jurisdictions may follow suit
New tax rules, combined with sustained low interest rates and new capital requirements, are creating significant challenges for insurance carriers
The ICBC, AMF and ICS are considering key changes to supervisory and oversight rules, CE requirements, use of titles and licensing
There’s pressure on advisors’ AUM at some firms, which is impacting their compensation negatively and also often affecting advisors’ views of their dealers
Shawn Brayman, president & CEO, PlanPlus Inc., highlights the lack of consistent standards regarding how advisors assess a client’s risk tolerance, and explains why the…
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