Newspaper July 2017

July 2017

News

Industry views diverge widely on the future of embedded fees

Variety of insurance products sold online will grow

Look “under the hood” of alternatives

Most of the banks performed well, including raising their dividends, although Home Capital cast a shadow over the group

Survey suggests that Quebec residents tend to be more risk-averse than other Canadians

Report Card on Banks

How advisors rated their firms

Surveyed advisors said much work is required in some key areas, such as support for tax planning, compensation, pensions and technology

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

Building Your Business

Once a high net-worth advisor, Shannon Lee Simmons set out on her own to provide advice and financial education to an underserved market of younger,…

The starting point for any business owner is his or her vision of the future - what the advisor wants his or her world to…

A little advice for your clients before they take off for vacation — on issues such as insurance, currencies and cybersecurity — can prevent serious…

Focus on Products

Portfolio managers also are uncertain about the direction of oil prices

Comment & Insight

The Trudeau government is positioning itself as the champion of Canada - from trade to tanks - in a shifting world order