From the Regulators

Conference for mutual fund dealer supervisors will focus on serving senior investors

By James Langton |

The challenges faced by senior investors remain a top concern for regulators, as the Mutual Fund Dealers Association of Canada (MFDA) gears up for a national summit on seniors.

The MFDA announced plans on Tuesday for its second National Seniors Summit, which is targeted at the supervisory personnel of mutual fund dealers, and will focus on dealing with the growing crop of senior investors.

The meeting, which will be held on Oct. 29 in Toronto, will "provide actionable advice and best practices for serving senior clients," the self-regulatory organization (SRO) says in bulletin.

This year, the meeting will examine the medical-legal issues that can arise when servicing senior clients, drawdown and de-accumulation strategies, compliance best practices, and experiences and best practices from U.S. regulators and financial firms.

In addition, industry research firm Investor Economics Inc. will present detailed demographic research pertaining to the investment industry.

For further information on the 2015 National Seniors Summit and to register please visit: http://mfda.ca/members/SrSumm15/.