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DUCA set to expand with Virtual One merger

Credit union mergers have become fact of life as these organizations look to expand

No damages for loss of clients

Appeal court rules that fired employees get notice pay only; to do otherwise would create a “slacker’s charter”

Acquisition of PIP to expand IPC’s national scope

Once completed, the purchase will grow IPC’s advisory sales force by 50% and enhance the distribution network for its products

  • By: Paul Brent
  • September 27, 2010 March 1, 2019
  • 11:15

Opportunities in the discount brokerage world

Investors who dip their toes into the online market may turn to advisors for answers to their questions

Employment contracts can keep disputes out of court

As with prenuptual agreements, establishing the rules beforehand pays off in the end

Company aims to profit from clients’ investment losses

Panacea Financial wants to buy worthless investments and give investors a chance at the tax benefits

CRTC says advisors now subject to telemarketing rules

Advisors who need to telephone existing clients outside of prescribed hours can ask clients for permission in advance

Management changes at CI signal gradual evolution

Successful mutual fund firm now sees itself mostly as an asset manager, says executive chairman Bill Holland

  • By: Jade Hemeon
  • September 27, 2010 March 1, 2019
  • 11:15

Big Six get ready to deploy their excess capital

Canada’s big banks are widely expected to be able to comply easily with the proposed global capital regulations

DB plan sponsors cite need for more downside protection

Pyramis report reveals that solvency ratios, the low interest rate environment and volatility are prime concerns

Smaller reinsurers begin to earn market share

Move to diversify counterparty risk, IFRS, underwriting and market specialization are all driving growth

Regulation still far off

The central question: Who is a genuinely qualified financial planner?

Manulife Bank launches trust company

Availability of trust services may help bank in serving high net-worth clients at some point

Learning about social media from the experts

Using social media for business can be complex. Now there’s help for newbies

Appealing to female advisors

Firm reaches candidates with a “warm call”

New rules to reshape exempt-securities market

Although some firms and individuals are struggling to meet the new requirements, others may be drawn to the market

Simplicity, focus are key to EdgePoint’s early success

The firm has obtained more than $1 billion in AUM by launching only four mutual funds — with no marketing department

New Manulife Bank chief to expand products

Financial services veteran Doug Conick says the bank can give advisors “a leg up” with clients

Life and health industry turning to FundSERV

CLIEDIS is a step closer to working with mutual fund industry’s long-standing electronic service provider

Change on the way?

U.S., Britain and Australia take action

Why Canadians are reluctant savers

Desire for instant gratification and lack of vision are key obstacles, new study reveals

The long arm of the IRS just got longer

Canadian financial institutions may have to report the holdings of their U.S. clients to the IRS starting in 2013

Economists brace for recession’s second dip

Even those convinced of a recovery see an increase in the risks it will fade; some compare U.S. woes to Japan’s “lost decade”

Paying for university tuition with plastic?

Most parents want to pay for their children’s post-secondary education, but many don’t have a plan

Receiver selling assets in failed firm New Life Corp.

But KPMG notes that it doesn’t necessarily expect to be able to sell the assets at their full valuation