Home In Depth Special Reports New rules for advisors and financial planners?

New rules for advisors and financial planners?

The final report of the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives makes several recommendations dealing with titles and credentials that are likely to have a significant impact on many in the investment industry.

Included in this special feature are the notable developments in this area since the Ontario government announced its commitment to regulate financial planners and financial advisors. Photo copyright: kritchanut/123RF.

November 15, 2017

Ontario commits to move forward on regulating financial planners

The province will “consult extensively with stakeholders” on effort to restrict the use of financial planning titles and impose proficiency requirements on financial planners

  • November 15, 2017 January 23, 2018
  • 12:05

Expert Committee’s proposed rules could have far-reaching implications

The introduction of restrictions to using the financial planner title as well a new statutory best interest standard will provide much needed clarity for clients

  • April 24, 2017 December 15, 2017
  • 04:30

Call for standards

Committee proposes restrictions on the use of advisors' titles

  • March 31, 2017 December 18, 2017
  • 00:00

Expert Committee’s final report recommends new rules for advisors, financial planners

The report makes several recommendations dealing with titles and credentials that are likely to have a significant impact on many in the investment industry

  • March 17, 2017 December 19, 2017
  • 14:30

IFIC urges Ontario to lead national collaboration on financial planning rules

The mutual fund industry trade group’s submission pushes back against some of preliminary recommendations of the Expert Committee

  • June 17, 2016 June 17, 2016
  • 15:00

Half full or half empty?

There’s much to commend in the Ontario government’s Expert Committee’s preliminary recommendations, but also some areas that need to be revisited

  • May 24, 2016 December 15, 2017
  • 05:00

Will the Ontario Expert Committee’s policy recommendations succeed?

Financial planners and financial advisors need consistent implementation of some key policy recommendations

  • April 25, 2016 December 15, 2017
  • 05:00

Much support for Ontario expert panel’s recommendations

Although there are concerns, the FPSC, the CIFPS, the IIAC and FAIR Canada are in favour of the recommendation to regulate financial planning

  • April 6, 2016 January 22, 2018
  • 14:50

Expert committee calls for regulation of financial planning, statutory duty

New report also recommends a simplified approach to dealing with consumer complaints and a consumer-friendly process for recovering losses

  • April 5, 2016 January 20, 2018
  • 13:25

Shaping the future regulation of financial advice

Financial planners and financial advisors need to be aware of the impact Ontario’s Expert Committee could have on their practices

  • January 4, 2016 December 15, 2017
  • 06:00