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
- By: Keith Costello
- January 4, 2016 November 16, 2019
- 06:00
Latest news in Keith Costello
Big opportunities in volatile markets
Financial planners and advisors can manage volatile markets by employing a stop-loss strategy and having sufficient cash on hand in clients’ portfolios.
- By: Keith Costello
- November 2, 2015 November 16, 2019
- 06:00
Live by the trend, die by the trend
Financial planners need to ensure that their clients are not overinvested in momentum funds
- By: Keith Costello
- August 10, 2015 November 16, 2019
- 05:00
Women investors are becoming a powerful force
Financial planners risk losing business if they don’t recognize that women have more power and money now than ever before
- By: Keith Costello
- July 13, 2015 November 16, 2019
- 05:00
Removal of provincial trade barriers may facilitate national harmonized regulation
The provincial Agreement on Internal Trade could pave the way for national regulatory harmonization that will benefit both financial planners and advisors
- By: Keith Costello
- June 15, 2015 November 16, 2019
- 05:00
Paradigm shift for advisory services on the way
Financial planners and financial advisors need to be ready for a new regulatory model as Ontario’s expert panel to study this issue begins its mandate
- By: Keith Costello
- May 18, 2015 November 16, 2019
- 05:00
An important first step in regulating financial planning
A new document from the FPSC and the IQPF may provide a way to harmonize financial planning standards for financial planners across the industry
- By: Keith Costello
- April 20, 2015 November 16, 2019
- 05:00
Merging FSCO and OSC would be a good start
If Ontario were to merge these two regulatory bodies, it could provide financial planners with a more streamlined regulatory system
- By: Keith Costello
- March 23, 2015 November 16, 2019
- 05:00
Determining the true appetite for risk
Assessing a client’s risk tolerance goes beyond using a questionnaire or risk-assessment system. An ongoing process is needed
- By: Keith Costello
- February 23, 2015 November 16, 2019
- 06:00
Will advisors be forced to charge a flat fee for their advice?
Many advisors may be planning to move to a fee-based account model based on a percentage of AUM, but will this model survive the potential…
- By: Keith Costello
- January 26, 2015 November 16, 2019
- 06:00
Develop an effective plan for young clients
Determining the risk profile of young investors is more critical than following traditional rules
- By: Keith Costello
- December 15, 2014 November 16, 2019
- 06:00
Holistic advice will require a new value chain
The only way to ensure financial planners can deliver effective, comprehensive and holistic advice is by making structural changes in the way the advice is…
- By: Keith Costello
- November 17, 2014 November 16, 2019
- 06:00
Redefining financial planning
A new method in financial planning that balances eight forms of capital will help you and your clients achieve their life and retirement goals
- By: Keith Costello
- October 20, 2014 November 16, 2019
- 05:00
Does a financial plan have monetary value?
Although financial planning has traditionally been viewed as a loss leader, financial planners should not be hesitant to charge for this important service
- By: Keith Costello
- September 22, 2014 November 16, 2019
- 05:15
Death of the salesperson?
Basic financial advice will become a commodity whereas holistic comprehensive advice will create client value and drive financial advisors to become financial planners
- By: Keith Costello
- August 25, 2014 November 16, 2019
- 05:00
Keeping up with evolving anti-money laundering rules is essential
FINTRAC released updated reporting guidelines this year — and financial planners must adhere to them or face stringent penalties
- By: Keith Costello
- July 28, 2014 November 16, 2019
- 05:00
Financial planners need a strong business plan to survive
A business plan focusing on client management, dealing with regulatory complexities and leveraging technology will define the successful future financial planners
- By: Keith Costello
- June 30, 2014 November 16, 2019
- 05:00
Is the ORPP really needed?
Financial planners need to keep their clients focused on personal savings as a key strategy to achieve a successful retirement
- By: Keith Costello
- June 2, 2014 November 16, 2019
- 05:00
A lifestyle approach to financial advice
Financial planners who use a lifestyle approach for retirement planning are better able to help their clients achieve a successful retirement
- By: Keith Costello
- May 5, 2014 November 16, 2019
- 05:00
Improving financial advice
Financial advisors have been inundated with proposed rules to better protect clients, but has the need for improved education been given the consideration that it…
- By: Keith Costello
- April 7, 2014 November 16, 2019
- 07:15
Major concerns with proposed law
There are three key issues of contention with the private member’s bill that aims to regulate financial advisors in Ontario
- By: Keith Costello
- March 9, 2014 November 16, 2019
- 15:30
Raising the professional bar?
The Advocis proposal will cause unnecessary duplication and cost for the oversight of financial advisors, and it misses the mark for regulating financial planners
- By: Keith Costello
- February 10, 2014 November 16, 2019
- 10:45
The merits of regulating financial planners
Could the regulation of financial planning finally address concerns about proficiency, quality standards and potential conflicts of interest?
- By: Keith Costello
- January 13, 2014 November 16, 2019
- 06:30
Is a statutory best interest duty for advisors needed?
Everyone agrees that we need to put clients’ interests first; the disagreement is in how this should be done
- By: Keith Costello
- December 2, 2013 November 16, 2019
- 06:05