An RIA panel discussed the challenges and opportunities of integrating ESG considerations into know-your-client procedures
Recommendations aim to address poor practices in investment product disclosure
Early focus will be on helping advisors understand products and collect client information
OSC head expressed concern about banks' response to the client-focused reforms
Tech helps preserve product choice
The satisfaction of insurance advisors hinges largely on respect for their independence
CWB and Meridian will continue to offer outside products
The advocacy group calls for action to preserve competition and protect investors
Revised KYP and product due diligence guidance accompany the rule changes
Reducing product offerings for the sake of KYP is unlikely to serve the investor’s best interest