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National Bank steps up its quest for HNW clients

Financial services firms, both bank-owned and independent, increase efforts to attract the assets of Canada’s millionaires

Survey results highlight value of financial planning advice

One survey shows that a strong majority of people with advisors feel they are making better financial decisions

  • By: Jade Hemeon
  • November 2, 2009 November 2, 2009
  • 10:53

Vancity focuses on the core parts of its business

The credit union is boosting its capital levels in order to expand its wealth-management and commercial-banking businesses

Getting Canadian investors to walk the walk

Although 85% of Canadians say it is important to build up their savings, only 65% have actually done so

New point-of-sale regulations remain elusive

Even after years of discussion, much disagreement still reigns in the mutual funds sector, as well as among investor rights groups

Eldercare hitting baby boomer clients where it hurts most

The cost of taking care of elderly parents is taking its toll on boomers; advisors can guide them in the right direction

Recession prompts interest in financial services jobs

“There are a lot of people out there right now who are looking for another career,” says Bill Charles of Investors Group

Creating a will? Make sure it’s fair

Canadian courts are setting limits when it comes to disinheiriting family members

Strong recovery for Canada

The U.S. will have a harder time, given its mountain of debt

Parmar aims to make synergies work

Firm’s goal is to leverage well-known brands and a renowned money-management business

  • By: Jade Hemeon
  • November 2, 2009 November 2, 2009
  • 10:53

CSA 2009 survey highlights

> 85% of Canadians believe that it is important to build up their personal savings> only 65% have some savings or investments set aside for…

The plight of the small broker

Big investment dealers are thriving, but many smaller fry are not

Regulators’ report targets “dark” pools, orders

At the heart of the matter is whether “dark” trading meaningfully impedes price discovery and compromises market fairness

Life settlements firms are unwinding assets

Court sets deadline for creditors’ claims against New Life Capital and related companies

Feds oppose Web bank insurance

The finance minister says he may impose changes on resistant banks

Wellington West beefs up financial planning arm

At the heart of the matter is whether “dark” trading meaningfully impedes price discovery and compromises market fairness

Planning for H1N1

Many firms are unprepared, experts say

Global Maxfin acquires Professional Investment Services

Purchase of Australian giant’s Canadian operation will bolster Global Maxfin’s presence in the West and triple its AUM

Victim’s trust key to fraud

Attempts shifting towards more personal approaches

New OBSI chief has plenty on his plate

Expanding OBSI’s workforce is just one of Douglas Melville’s many tasks

Signs of rebound emerge: profit survey

Profits begin to show evidence of strength

DS focuses on recruitment as industry consolidates

The full-service brokerage is counting on its brand recognition and focus on the high net-worth market to continue attracting advisors

Court rules SROs can pursue former members

The Court of Appeal’s decision eliminates the possibility that individuals could avoid discipline for misconduct by quitting their jobs

  • By: Megan Harman
  • September 28, 2009 September 28, 2009
  • 11:16

Banks flex insurance muscle

Many of Canada’s biggest banks are beefing up their insurance businesses, and their direct-distribution channels are gaining prominence as the institutions seek new ways to…

  • By: Megan Harman
  • September 28, 2009 September 28, 2009
  • 11:05

Fixing Canada’s pension problem

The objective of the proposals is to ensure the security of future retirement incomes