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CCIR adopts MGA regulation regime

Insurers, MGAs and independent insurance advisors will now face more comprehensive compliance obligations

Health care a big concern

The cost of health care is causing some clients to consider delaying retirement, Munich Re survey finds

  • By: Paul Brent
  • December 3, 2012 October 30, 2019
  • 16:30

Advisors could pin hopes on new website

Pinterest uses a picture “pinboard” format to bring traffic to websites and blogs

Market data fees in regulators’ sights

A study from the CSA examines the issue, but doesn’t take a position

CDIC looks to advisors

The Crown corporation’s new partnership with Advocis aims to create “reciprocal promotion and education”

New TMX Group gets down to business

But small competitors are angling for a bigger piece of the trading pie

IIROC proposal stirs flurry of protest

Although regulators in other countries are banning certain compensation practices in their financial industries, Canadian regulators have resisted that temptation. However, domestic regulators’ efforts to…

Credential to focus on fee-based business

The Vancouver-based firm will also look to build out its insurance business by partnering closely with manufacturers

CRA gets tough on gifting tax shelters

Federal agency is placing holds on tax returns of clients who are claiming deductions under gifting schemes

  • By: Paul Brent
  • November 9, 2012 October 30, 2019
  • 00:00

Sheriff joins CPPIB

Karen Sheriff, president and CEO of Halifax-based Bell Aliant Inc., has been appointed to the board of directors of the Canada Pension Plan Investment Board…

  • By: Brent Jolly
  • November 9, 2012 October 30, 2019
  • 00:00

Industry seeks changes to PRPPs

Some believe the plans should be more flexible

Boivin at Finance

Jean Boivin, formerly a deputy governor of the Bank of Canada, has joined the federal Department of Finance Canada to become an associate deputy minister.…

  • By: Brent Jolly
  • November 9, 2012 October 30, 2019
  • 00:00

Good news, bad news for DB plans

While pensions showed improvement in Q3, low interest rates and uncertain equities markets still pose challenges

  • By: Paul Brent
  • November 9, 2012 October 30, 2019
  • 00:00

Changes at Scotiabank

Bank of Nova Scotia has announced that Brian Porter, its head of international operations, has been promoted to president of the bank. He takes over…

  • By: Brent Jolly
  • November 9, 2012 October 30, 2019
  • 00:00

Regulators target Jory Capital

Manitoba Securities Commission suspends Jory and its advisors because of a capital deficiency the brokerage is facing

Different strokes

Charles Guay was brought in to help increase Standard Life's position in the retirement savings business

NBF sets sights on growth for 2013

The Montreal-based firm is looking to add more advisors, now that it has fully integrated Wellington West into its ranks

Rising to the occasion

Organizations are making efforts to increase financial literacy among Canadians in light of some troubling data

BMO puts focus on planning

New website dedicated to financial planning issues is meant to educate consumers as well as help advisors bring up the topic

CIBC lauded

Canadian Imperial Bank of Canada (CIBC) has been ranked first in Surviscor Inc.’s Mobile Banking scorCard. (Both firms are based in Toronto.) The scorecard examined…

AlphaNorth repeats

For the second year in a row, Toronto-based AlphaNorth Asset Management’s AlphaNorth Partners Fund has won the award for “Best Three-Year Annualized Return” at the…

Waite retires from MFDA

After manning the reins for 14 years, Larry Waite, the first CEO of the Mutual Fund Dealers Association of Canada (MFDA), officially retired last month.…

  • By: Brent Jolly
  • November 9, 2012 October 30, 2019
  • 00:00

RBC buys Ally unit

Royal Bank of Canada (RBC) of Toronto has reached an agreement to purchase the automobile financing and deposit business of Ally Financial Inc.’s Canadian unit.…

Push for changes in business tax credits

CICA and IIAC make prebudget submissions that highlight the groups' divergent positions on tax policy

  • By: Brent Jolly
  • November 9, 2012 October 30, 2019
  • 00:00

Horizons expands

New York-based Horizons ETFs Management (USA) LLC, an affiliate of Toronto-based Horizons ETFs Management (Canada) Inc., has partnered with Miami-based InterBolsa USA Holdings Inc. in…