CRM2 has led to more questions from clients about MERs, so IFIC members would like to see this disclosed as part of an initiative the group calls CRM3
Total industry AUM rose to almost $1.39 trillion, up by 13% from a year earlier
In a new video, Jane Rooney talks to Canadians about the new CRM2 reports they are receiving and the benefits of reviewing them
Long-term funds recorded $4.35 billion in net sales in January
Duane Green replaces Don Reed, who recently retired from Franklin Templeton
Advisor centre offers resources related to key topics including mutual fund fees, serving vulnerable investors, hot regulatory topics and tools and tips related to CRM2
However, net sales for all of 2016 dropped to $30.07 billion from $57.91 billion in 2015
The association notes that the CSA’s and the self-regulatory organizations’ rules already address compensation-related conflicts of interest
Net redemptions of equity funds shrink
Guides focus on the opportunity advisors have to strengthen relationships with clients and how to deal with clients’ questions on performance and costs