Rick Forchuk, special advisor, distribution practices, Empire Life, cites several studies that show that the Internet is not replacing advisors. He explains that consumers are overwhelmed and confused by Internet information, and this is increasing the need for financial advice. Forchuk spoke at the Independent Financial Brokers Fall Summit in Toronto.
Insurance advisors answered multiple-choice questions about their industry experience for this inaugural research
Housing costs are a growing worry, BMO index finds
New funds hold several big names found in broad U.S. stock indexes
Effective communication, whether digital or in person, remains key to strong client/advisor relationships
Newfoundland and Labrador will increase support for people with disabilities
The agency's estimate for November indicates real GDP fell 0.1%
Chief actuary says LifeWorks did not "respect the textual indications of the legislation"
New laws were passed in June requiring companies to substantiate environmental claims