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Financial services profit survey: Trying economy takes a toll

Concerns about economic growth and the impact of Alberta's wildfires meant more than half the firms had lower earnings in Q2

New AML regime a mixed blessing

Updated laws provide more options to verify a client's identity, but also make monitoring more accounts necessary

RESPs spell opportunity for advisors

Few older Canadians contribute to RESPs, but they are gaining the attention of this group as a way to help grandchildren

Newsmaker: Steering through choppy seas

Seasoned securities lawyer Paul Bourque has taken the helm at IFIC during a turbulent period of regulatory change and rising competitive pressures

  • By: Jade Hemeon
  • August 25, 2016 October 30, 2019
  • 23:55

Withdrawing retirement assets

With almost 1,200 Canadians set to retire each day for the next 15 to 20 years, wealth decumulation – rather than wealth accumulation – will…

Creating a “sphere” of ETF products

A new firm fights for room in a hot marketplace

  • By: Jade Hemeon
  • August 25, 2016 October 30, 2019
  • 23:55

Key role for advisors in Meridian Bank

Although St. Catharines, Ont.-based Meridian Credit Union (CU) will make its national mark with a new online bank, financial advisors will play an important role…

Sentry finds the right match in new CIO

Gaelen Morphet's style is very much in line with Sentry's brand of investment management

  • By: Jade Hemeon
  • August 25, 2016 October 30, 2019
  • 23:55

Newsmaker: Marc Doré reaching for the Peak as COO

Taking over the daily operations of Peak Financial Group from Robert Frances represents an opportunity for the experienced Doré

Costs facing kids weigh on boomers

The expenses of weddings and child care are top of mind

Uncovering underserved insurance markets

TC Media/Credo survey shows that life insurance is less popular with certain groups

Profit Survey: Steady, at least for now

Low oil prices have taken a toll, with diversified firms faring better than those with fewer revenue streams

New global tax information exchange

The Common Reporting Standard will require firms to identify clients who are tax residents of foreign countries

Firms woo former Scotia advisors

Advisors from other banks show interest in jumping ship

Insurance: Funds offered

Financial Horizons Inc. plans to become a full-service financial services institution

Regulation: It’s still far from over

Possible reform of mutual fund fees

A mixed bag of provincial budgets

The oil shock is hitting producer provinces hard. But in B.C., the lower C$ and population growth are driving prosperity

Playing matchmaker

A new firm aims to find the right fit between fee-only advisors and clients. But FAIR Canada wants more oversight

Making the client relationship personal

Recent TC Media/Credo consumer survey finds that personal relationships greatly deepen the bonds that form with advisors, including a willingness to provide referrals

Compliant tax professionals, fear not

Tax accountants and lawyers could be the subject of heightened scrutiny from the Canada Revenue Agency (CRA), as the tax authority joins its global peers…

Robo-advisors diversify their offerings

Robo-advisors may be relative newcomers to Canada’s financial services sector, but these firms are beginning to offer expanded slates of specialized investment products. Recently, for…

Outdated IT systems an unwanted legacy

Upgrading technology systems is expensive, but continuing to use outdated tech could present big risks for financial services firms

Alberta, Newfoundland on different tracks

Alberta has the luxury to run deficits Newfoundfland and Labrador already has significant debt

OPR on slate of revised rules

Canada’s equities markets have been transformed over the past couple of years, with the launch of new trading venues and novel execution models. Now, regulators…

Money worries tarnish golden years

Many of your older clients fear outliving their nest eggs in retirement