Regulators looking for feedback on requiring advisors to act in their clients’ best interests
The Financial Services Consumer Panel says firms put their own interests above those of their customers
Panel says it’s not reasonable to expect consumers to understand complex financial products and associated risks
While regulators ponder the complexities of new rules, investor advocates focus on a quicker solution
Financial Services Consumer Panel sets out its proposals for stronger consumer rights
Investors may increasingly seek out advisors that are required by law to put their clients’ interests first
Discussion paper will summarize the fiduciary duty debate at home and abroad and identify the key issues involved
Wealth manager partners with Fi360 Canada to offer Accredited Investment Fiduciary Professional designation training
Current regulations insufficient to protect investors
IAP calls for creation of a statutory fiduciary duty for advisors