IFIC survey finds that investor awareness that the fees they pay helps compensate their advisor has risen substantially
New research questions the effectiveness of enhanced disclosure
A study commissioned by the BCSC examines the impact of CRM2 cost and compensation reports
Calculation of returns on a dollar-weighted basis could perplex clients
Investors with a “complete understanding of fees” are considerably more likely to recommend their firm, J.D. Power survey finds
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
In a new video, Jane Rooney talks to Canadians about the new CRM2 reports they are receiving and the benefits of reviewing them
In the post-CRM2 era, clients and regulators are demanding transparency from advisors. Your best response is to turn this obligation into an opportunity to show your clients what you do for them
InvestmentReporting.ca aims to help investors understand the changes mandated as part of CRM2 in their new annual reports
Clients will have questions as a result of the new disclosure requirements. Be open and honest, and focus on their goals