Association withdraws guidance after hearing advisors' concerns
Insurance group says effects of CPP reforms won’t be felt for decades
The changes have been made to implementation timelines and disclosure requirements to address concerns raised by advisors
The rate of intentional deception is on the rise
The total number of Canadians holding insurance grew to almost 29 million
The association also is urging the federal government to reduce or eliminate the capital tax on financial services institutions
The Empire Life president and CEO will work with the association’s board of directors
The association will lead a consultation on Guideline G19 with participation by both advisors and insurers
Advisors and clients are ready for digitized insurance processes, but insurers are slow to adopt new technology
New disclosure rules from CLHIA draw complaints