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
Advisors need to figure out how to adapt, embrace technology and build a truly distinguishing profession that delivers a value proposition
Advisors are beginning to recognize the importance of understanding the client as a whole person who has complex and multi-faceted needs
Those who are most influential to our citizens’ financial success must have the skills to assess what’s in the best interest of those particular individuals
Creating a quasi co-regulatory model could be the solution to the inherent challenges with the CSA’s proposal to establish a best interest standard
There are signs that willingness for co-operation is beginning to emerge, with momentum in favour of change clearly upon us
There’s much to commend in the Ontario government’s Expert Committee’s preliminary recommendations, but also some areas that need to be revisited