There’s much to commend in the Ontario government’s Expert Committee’s preliminary recommendations, but also some areas that need to be revisited
Financial planners and financial advisors need consistent implementation of some key policy recommendations
Although there are concerns, the FPSC, the CIFPS, the IIAC and FAIR Canada are in favour of the recommendation to regulate financial planning
New report also recommends a simplified approach to dealing with consumer complaints and a consumer-friendly process for recovering losses
Financial planners and financial advisors need to be aware of the impact Ontario’s Expert Committee could have on their practices
Expert committee seeks feedback on the definition of financial planning, and how planning differs from advice
Malcolm Heins to chair expert committee on the regulation of financial planning
IFIC supports next steps in review of financial planning and advice
Increased clarity would protect consumers