Three ways open banking could impact wealth management
Open banking has the potential to automate onboarding, allow for fee comparison and improve risk assessments
- By: Greg Meckbach
- September 16, 2022 September 16, 2022
- 09:29
Latest news in Industry News
Pandemic splits getting nastier as divorce trends hold steady
Family lawyers say the pandemic manifested more in the intensity of matters than in the volume of cases
- By: Michael McKiernan
- September 16, 2022 September 16, 2022
- 09:06
BMO Capital Markets cutting jobs amid challenging market conditions
The cuts come a few weeks after BMO reported a drop in earnings
- By: The Canadian Press
- September 15, 2022 September 15, 2022
- 16:53
Insurers pay record amount of benefits in 2021
Also, annuity and seg fund premiums increased 21%
- By: IE Staff
- September 15, 2022 September 15, 2022
- 13:42
Ethereum completes ‘Merge’ upgrade to network
The long-awaited change has implications for investors
- By: Daniel Calabretta
- September 15, 2022 September 15, 2022
- 09:56
Markets, banks to remain open on day of mourning
Bank of Canada will delay bond auctions, but financial system to operate normally
- By: James Langton
- September 14, 2022 September 14, 2022
- 13:55
U.K. inflation dips slightly in August to 9.9%
Fuel costs up 32% year over year
- By: Danica Kirka, The Associated Press
- September 14, 2022 September 14, 2022
- 11:26
U.S. investors not using advisors for crypto: report
Many investors with advisors are trading crypto via platforms such as Coinbase and Binance
- By: IE Staff
- September 13, 2022 September 13, 2022
- 15:32
Most asset managers operating under hybrid work model: survey
PMAC found that 19% of member firms are allowing employees to work remotely full time
- By: Mark Burgess
- September 13, 2022 September 13, 2022
- 15:21
Pre-signed forms still a prevalent issue: CIFPs president
The organization's president presented a hypothetical ethical scenario involving pre-signed forms at a conference last week
- By: Daniel Calabretta
- September 13, 2022 September 12, 2022
- 09:00
How the bond investment mix is changing for insurers
Canadian lifecos ‘well positioned’ to manage credit impairments: A.M. Best
- By: Greg Meckbach
- September 12, 2022 September 12, 2022
- 12:44
Nova Scotia records ‘surprise’ surplus of $350.9 million in 2021-22 fiscal year
Revenues $1.3B over budget but net debt topped $16B
- By: Keith Doucette, The Canadian Press
- September 9, 2022 September 9, 2022
- 15:30
Job losses continue for third month, signalling economic slowdown
Economy has ‘hit a pothole’
- By: Nojoud Al Mallees, Canadian Press
- September 9, 2022 September 9, 2022
- 11:30
Down markets ahead present good buying opportunity: investment strategist
With interest rates continuing to rise, it could be a good opportunity to add to your client's fixed income allocation, said Macan Nia
- By: Daniel Calabretta
- September 9, 2022 September 9, 2022
- 10:57
Alberta to resume indexing its tax brackets
De-indexing effectively forced Albertans to pay almost $647 million more in taxes from 2020 to 2022
- By: IE staff, with files from Canadian Press
- September 8, 2022 September 8, 2022
- 14:29
Lower economic growth necessary to bring inflation down: BoC
The Bank of Canada's senior deputy governor spoke in Calgary one day after the latest interest rate hike
- By: Nojoud Al Mallees, Canadian Press
- September 8, 2022 September 8, 2022
- 14:27
OSC names new members of Investor Advisory Panel
Outgoing members include chair Neil Gross
- By: IE Staff
- September 8, 2022 September 8, 2022
- 14:21
Higher rates likely won’t cause deep U.S. recession, Powell says
Federal Reserve chair suggests tighter monetary policy won't reflect the 1980s
- By: Christopher S. Rugaber, The Associated Press
- September 8, 2022 September 8, 2022
- 10:47
European Central Bank makes largest ever interest rate hike
The ECB's benchmark is now 1.25% for lending to banks, with more hikes on tap
- By: David McHugh, The Associated Press
- September 8, 2022 September 8, 2022
- 10:35
Banks adjust prime rates after BoC hikes again
The Bank of Canada said interest rates will need to rise further to bring inflation down to its 2% target
- By: IE Staff
- September 7, 2022 September 7, 2022
- 15:58
Bank CEOs say higher rates starting to dampen growth despite economic buffers
Pullback in commercial borrowing predicted
- By: Ian Bickis, The Canadian Press
- September 7, 2022 September 7, 2022
- 15:34
Fed’s Brainard: Rates to rise higher, stay elevated longer
Central bank official confident U.S. inflation will fall to 2%
- By: Christopher Rugaber, The Associated Press
- September 7, 2022 September 7, 2022
- 15:10
Bank of Canada raises key interest rate by 0.75%, says rates likely need to go higher
Short-term inflation expectations remain high
- By: Nojoud Al Mallees, Canadian Press
- September 7, 2022 September 7, 2022
- 10:26
Latest credential undermines title regulation, advocates say
New designation approved by FSRA has requirements very similar to those of SROs
- By: Michelle Schriver
- September 2, 2022 September 2, 2022
- 14:08
Lower U.S. job gain in August could aid Fed’s inflation fight
Unemployment rose to 3.7%, from 3.5% in July
- By: Christopher Rugaber, The Associated Press
- September 2, 2022 September 2, 2022
- 11:07