The acquisition of The Benefits Company will strengthen Hub’s retirement and benefits operations
Mutual funds launch could make Vanguard a formidable competitor
Competing for shelf space will be more difficult, thanks to tightening product shelves and regulatory requirements
Regulators are doing a better job of protecting investors without restricting business, but more needs to be done
The actively managed ETF will use interest rate derivatives that seek to mitigate the effects of interest rate fluctuations
The deal will provide Fiera with the critical mass necessary “to be a competitive force” in the HNW market
But the closure of the two ETFs doesn’t mean SLGI will be out of ETFs permanently as the firm says it’s “refining” its ETF strategy
The change would clarify that insurance firms must have a registered rep available to assist clients when they buy an insurance product online
Three of the new ETFs focus on Canadian investment-grade bonds while the remaining two are hedged and unhedged versions of two existing specialty income ETFs
Acquisition helps Scotiabank expand in the institutional space