A recent decision in a proposed class-action lawsuit highlights the courts’ skepticism with the efficacy of the financial services industry’s dispute-resolution mechanism.
Regulators appear to be close to addressing a few of the concerns relating to the financial services industry’s ombudservice
But will transaction reflect those of the past?
Russell welcomes Vallée
The new chairman of Advocis wants to ensure advisors have a say on issues such as fiduciary standards and compensation
Former Nesbitt advisor wins a round against BMO subsidiaries
Only 9% of people eligible to open an RDSP have done so
As baby boomers retire, their needs will become more complex, requiring advisors to reorient their strategies
Revised policy on health-care spending accounts is consistent with the CRA’s recent efforts to eliminate unfairness in the tax system — and to look for…
Early indications reveal that proposed revisions to FATCA appear to address some of the serious concerns of opposing lobbyists
BNS reorganizes
Ontario Court of Appeal determines that mutual fund firms must still answer for their actions in court
After five years in business, Aston Hill Financial has almost $6 billion in AUM; it intends to double that in the next five years
The Supreme Court of Canada has indicated that there could be some federal jurisdiction in areas of truly national concern
Desjardins’ Monique Leroux named Quebec’s Financial Person of the Year
The gap between retirement and end of life is growing, and many clients want products that will ensure they never run out of money
The Canadian Foundation for Advancement of Investor Rights was launched in 2008
Only about 50% of sanctions ever collected
Low interest rates, higher costs of living and new baby-boomer retirees have resulted in more clients taking out a reverse mortgage
Many investors don’t realize that they are paying high fees on their investments, says former mutual fund manager Peter Hodson
The huge number of Canadians retiring soon means advisors must be ready to have different client conversations
The intended merger of BlackRock Asset Management Canada Ltd.’s iShares exchange-traded fund lineup with that of Claymore Investments Inc.
With more clients heading for the sun, make sure you don’t execute orders that could run afoul of foreign securities laws
Providers of exchange-traded funds are targeting financial advisors in an effort to increase the presence of ETFs in the broader investment fund business. In particular,…