How not to end an advisor partnership
A dispute among high-performing financial advisors demonstrates the importance of a clear departure agreement
- By: Todd Humber
- September 2, 2022 September 1, 2022
- 11:00
Latest news in Industry News
Sun Life buying majority stake in Advisors Asset Management for US$214M
AAM to distribute SLC Management alts to U.S. retail market
- By: The Canadian Press
- September 2, 2022 September 2, 2022
- 10:27
Inflation hits 9.1% in countries using euro currency
Energy prices rose 38.3% in August in euro zone
- By: Kelvin Chan, Associated Press
- August 31, 2022 August 31, 2022
- 12:04
Canadian economic growth lags expectations in Q2; July estimate points to contraction
BoC still says economy’s overheated while real GDP rose 0.8% in Q2
- By: The Canadian Press
- August 31, 2022 August 31, 2022
- 11:33
BMO wraps Big Six earnings with Q3 profits down from a year ago
The wealth management division saw a 15% income dip
- By: Ian Bickis, The Canadian Press
- August 30, 2022 August 30, 2022
- 14:14
RBC climate action mild enough to pass Texas fossil fuel test
RBC was one of 19 financial institutions that Texas flagged for further investigation
- By: Ian Bickis, The Canadian Press
- August 29, 2022 August 29, 2022
- 14:54
Issues for advisors to watch this fall
Keep an eye on interest rates, inflation, legislation and more
- By: IE Staff
- August 29, 2022 August 29, 2022
- 12:16
Growth in client leverage a potential risk
Regulators on alert as interest rates rise and markets are volatile
- By: James Langton
- August 29, 2022 August 29, 2022
- 00:11
Sagicor buys insurer Ivari for $325 million
Ivari, formerly Transamerica Life Canada, offers life insurance and critical illness products
- By: Rudy Mezzetta
- August 26, 2022 August 26, 2022
- 12:56
Manulife discontinues disability products for business owners
The insurer will stop accepting new business for four individual disability products as of Sept. 30
- By: Greg Meckbach
- August 25, 2022 August 25, 2022
- 16:44
TD Bank prepares for economic downturn as profit falls in Q3
The bank set aside $351 million in the quarter for potential loan losses
- By: Ian Bickis, The Canadian Press, IE Staff
- August 25, 2022 August 25, 2022
- 13:44
CIBC sees profit dip as it set aside loan-loss provisions
In wealth management, volatility weighs on near-term growth, report to shareholders says
- By: Ian Bickis, The Canadian Press, IE Staff
- August 25, 2022 August 25, 2022
- 12:46
National Bank reports third-quarter profit down from year ago
The bank's wealth management business earned $181 million, up 10% from $164 million a year ago
- By: IE staff, with files from Canadian Press
- August 24, 2022 August 24, 2022
- 15:05
RBC reports Q3 profit down from year ago as it prepares for potential recession ahead
Wealth management operations earned $777 million in Q3, up year-over-year from $744 million
- By: Ian Bickis, The Canadian Press
- August 24, 2022 August 24, 2022
- 10:54
Saskatchewan reverses planned tax hike, will issue $500 to residents
The province has enough money to balance the 2022-23 budget, says Finance Minister Donna Harpauer
- By: IE staff, with files from Canadian Press
- August 23, 2022 August 26, 2022
- 13:10
Liberal tax promise tracker, end of summer edition
Here’s the status of proposals that matter to your clients
- By: Melissa Shin
- August 22, 2022 August 22, 2022
- 16:25
Canadian banks to report earnings amid rising interest rate environment
This week's results come with bank stocks under some pressure as part of the wider economic uncertainty
- By: Ian Bickis, The Canadian Press
- August 22, 2022 August 22, 2022
- 10:08
OMERS reports 0.4% portfolio loss in first half of 2022
Ontario municipal workers’ pension fund had 6% net investment gain for year ending June 30
- By: The Canadian Press
- August 19, 2022 August 19, 2022
- 14:57
Statistics Canada says retail sales rose 1.1% in June to $63.1 billion
Inflation was main contributor; volume only up 0.2%
- By: The Canadian Press
- August 19, 2022 August 19, 2022
- 13:42
TD Wealth raises new planner pay
As the bid for talented advisors increases, other Big Six banks haven't made material changes to compensation for incoming branch advisors
- By: Katie Keir
- August 19, 2022 August 19, 2022
- 10:30
Separation agreement didn’t terminate “marriage-like” relationship
A B.C. court case considers the validity of a common-law relationship
- By: IE Staff
- August 18, 2022 August 18, 2022
- 17:24
At takeover meeting, TD urged to better benefit underserved groups in U.S.
At issue is the bank's poor track record of serving Black, Latino clients
- By: Ian Bickis, The Canadian Press
- August 18, 2022 August 18, 2022
- 14:43
Suspensions down, permanent bans up for financial planners in 2021
Enforcement activity was included in FP Canada's annual report
- By: IE Staff
- August 18, 2022 August 18, 2022
- 14:24
Increased loneliness, isolation a side effect of inflation for Canadian seniors
Getting about costs money but the elderly are seeing a crunch on grocery bills, investment portfolios
- By: Amanda Stephenson, Canadian Press
- August 17, 2022 August 17, 2022
- 12:35
Demographic trends provide a floor to housing correction: RBC
Immigration and smaller households should boost demand and prevent a market spiral, a report says
- By: Mark Burgess
- August 17, 2022 August 17, 2022
- 12:07