The Investment Funds Institute of Canada (IFIC) announced on Wednesday that The Equitable Life Insurance Company of Canada and WhiteHaven Securities Inc. have joined IFIC as members.

“On behalf of our board and membership, I am pleased to welcome The Equitable Life Insurance Company of Canada and WhiteHaven Securities Inc. as members of IFIC,” said Joanne De Laurentiis, president and CEO. “IFIC provides a forum for dealers and fund managers to work together to effectively serve investors’ needs. Each new member brings an added perspective to IFIC’s understanding of industry concerns, and strengthens our ability to represent the full spectrum of industry and investor interests.”

Established in 1920, The Equitable Life Insurance Company of Canada works with independent advisors across Canada to offer individual life and health insurance, retirement and savings products, and group benefits.

WhiteHaven Securities Inc. provides investment solutions to address the retirement and estate planning needs of Canadians.

“We look forward to having these new members help fulfill the industry’s commitment to empower investors to make sound financial decisions, and to promote a strong and stable investment sector,” De Laurentiis added.