Home Newspaper News Page 53

Latest news in News

SEC takes stand on fraud

Awareness must be heightened after an advisor in the U.S. is alleged to have used social media to sell fraudulent securities

  • By: Olivia Li
  • January 20, 2012 October 30, 2019
  • 14:54

Firms aim to get advisors on social media

New programs will provide advisors with access to educational materials on using social media and activities to establish their online presence

  • By: Olivia Li
  • January 20, 2012 October 30, 2019
  • 14:41

Pavilion acquires institutional advisory firm

Acquisition of U.S. firm is in line with Pavilion’s plan to cater to institutional and high net-worth markets in certain regions

Taking aim at “no contest” settlements

The Ontario Securities Commission’s former head of enforcement says there are two basic reasons to reject “no contest” settlements

News Briefs: Global acquistions

SSQ/AXA done deal

National regulator delayed

In light of the Supreme Court’s recent decision that proposed federal legislation is unconstitutional, the big question is: Where do we go from here?

Feds get rid of mandatory retirement

Bankers and others under federal jurisdiction no longer have to retire at 65

Lower demand to cause equities shortfall

Aging baby boomers and the rise of investors in emerging markets may result in a dramatic shift away from equities investing

A pivotal year ahead for regulators

National and provincial regulators will have more to deal with in 2012 than they’ve had in quite some time

New wills law may break up businesses

Impending changes to Alberta’s wills and estates legislation should raise some red flags with financial advisors who deal with estate planning, some lawyers there say.

  • By: Olivia Li
  • December 19, 2011 October 30, 2019
  • 15:32

Profit survey: Firms deliver mixed results

Weak equities markets and a poor economic outlook are affecting earnings and optimism for the year ahead

Jennings to leave Halifax

Calgary-based investment dealer no longer sees the need for an office on the East Coast

Mixed bag in feds’ proposed Bill S-5

More controls over Canadian financial services firms appear to be pending; this is mostly in light of continued volatility

Taxing Ponzi scheme gains

The Tax Court has ruled that the innocent beneficiary of a Ponzi scheme does not owe taxes on her winnings

Standard Life bows out of individual market

Major insurer leaves individual life and health market to focus on group insurance and boosting wealth management

Stepping outside the expected

Joanne O’Hea is introducing women to the idea of a career in one of the last male bastions — the trading floor

People Briefs: Change at BoC

The Bank of Canada has appointed David Beers, currently global head of sovereign and international public finance

BCSC can reach beyond B.C.

Illegal trades not protected by distance

Top court: Hyperlinks not “publications”

If you use the web for business — who doesn’t? — a recent Supreme Court case should reduce some of your liability concerns

A prescription for continued success

The advisory team of Butler Philbrick and Associates was looking for the right match; Macquarie had the qualities that mattered

  • By: Olivia Li
  • December 5, 2011 October 30, 2019
  • 11:33

More than a matchmaker

The recent acquisition of Market Logics will help Accretive 360 create resources for a new online practice-management platform

Students get a taste of the real world

Competitors in the CIFP Case Challenge are given a chance to apply the financial planning skills they have learned

Tighter supervision for new agents?

Proposed rule changes in B.C. would see a junior insurance advisor operate under a supervisor for at least two years

Year-end tax checklist

There are ways to improve a client’s tax picture for all of 2011 by reviewing a range of options before the end of the year

CRA rebuked for “fishing expedition”

The Federal Court has blocked attempts by the CRA to obtain taxpayer information related to the 10/8 insurance structure