The Canada Revenue Agency loses its bid to have such costs treated as part of an insurance settlement, and, therefore, taxable
When clients apply for insurance, the information usually goes to the Medical Insurance Bureau, which shares data with insurers
Courts take differing views of “buy low, donate high” tax deduction schemes
Advisors who have clients who like to climb mountains or jump out of airplanes should make sure they are properly insured
Court says dealers can refuse business that may expose them to damage
Notable was the drop in ratings from credit union employees — down to 6.7 from 8.2 last year
Those who sue issuers over misrepresentation face heavier burden of proof; impact will be felt in Canada, legal experts say
Make sure your clients disclose all information about where they are going and how they are getting there
“Know your product” is not a phrase that advisors will find in any of the regulatory rules or “best practices” manuals. Instead, it is implied in the concept of suitability that governs matching clients with suitable investments.But to what extent should, or can, advisors know their products? In a world of increasingly complex investments, shouldn’t […]
Dual licensing helps client retention; level of insurance support varies from firm to firm