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Businessman hand showing financial report on table

Unitholders approve changes to Invesco mutual funds

Invesco Advantage Bond Fund to be renamed Invesco Active Multi-Sector Credit Fund

  • By: IE Staff
  • July 17, 2018 July 17, 2018
  • 15:58
Blind woman with guide dog

Investors Group expands RDSP investment options

New products and lower fees offer investors greater flexibility in how they manage their plans

senior couple meets with advisor at home

FCA consults on duty of care requirement

The goal is to improve industry conduct and ensure that firms are treating clients properly.

tractive happy senior chinese couple sitting on the front steps of their house.

Older homeowners value their independence

Many homeowners are feeling pressured to sell to help finance their retirement

Business man writing a test

OSC suspends mutual fund rep for failing to pass CPH exam

The inability to successfully pass the exam after four attempts demonstrates that the rep lacks the requisite proficiency

Maintaining Profits economic growth chart businessmen illustration

Canadian manufacturing sales up 1.4% in May

The gains more than made up for the drop seen in April

smart phone running a trading or forex app with charts and data

Energy stocks weigh on TSX

Loonie climbs higher; U.S. markets finish mixed

Digital design economic Stock market chart

Foreign investors sold Canadian equities in May

Canadian investors purchased foreign bonds

FCA proposals aim to improve competition in the investment platform market

The proposals would strengthen competition between asset managers, make it easier for investors and advisors to switch platforms and tackle price discrimination

two business partners signing a contract

IIAC, PMAC create standardized template for service arrangements

The draft template details the obligations of investment dealers and portfolio managers in serving shared clients

  • July 16, 2018 July 16, 2018
  • 14:30
Business paperwork, stats, numbers, graphs on desk with computer and pen

OSFI consults on Basel III implementation

Discussion paper proposes tweaks to better suit the Canadian banking market

businesswoman protects a house from the elements rain storm sun

CREA reports June home sales down 10.7% from year ago, but up from May

Housing sales mark the first substantiative month-over-month increase this year

Kingsway Financial Services sells non-standard auto insurance business

The sales is expected to close in the third quarter

  • July 16, 2018 July 16, 2018
  • 10:25

Broadridge launches prospect intelligence platform for advisors

Automated content recommendations are designed to help advisors engage with clients and prospects more efficiently

Industry urged to look beyond cost cutting and use AI to boost revenues

Automation could produce more than US$500 billion in additional revenues for the global financial industry by 2020

CIBC Mellon appoints new CFO

Karen Rowe succeeds Duncan Webb

Wealth One Bank of Canada names CEO

Jack Zhu was previously president and CEO of the Bank of China (Canada)

  • July 5, 2018 July 5, 2018
  • 11:25

Former missing advisor pleads guilty to fraud

Harold Backer sentenced to 13 months in jail

Quebec offers green bonds to investors

The fixed-rate bonds will be used to finance projects devoted to the environment

Lower risk ratings for Horizons covered call ETFs

No changes have been made to the investment objectives or strategies of the ETFs

Investors’ interest in ETFs growing: survey

Advisors expect their allocations to ETFs to grow by 50% over the next two years

FSB report sets out framework to monitor crypto-asset markets

Although the FSB believes that crypto assets do not pose a material risk to global financial stability at this time, it recognizes the need to…

BCSC reaches settlement for unregistered trading

Former investment dealer agrees to pay more than $170,000 to regulator

  • By: IE Staff
  • July 13, 2018 July 13, 2018
  • 15:30

IIROC fines and suspends former Regina advisor

Vulnerable clients of Darryl Joseph Yasinowski suffered significant losses

  • July 13, 2018 July 13, 2018
  • 13:30

Five things to watch for in Canadian business

Statistics Canada will release its June reading on inflation and retail sales results for May on Friday

TSX retreats from record close

U.S. markets make minor gains

Broad rally helps TSX hit new high

U.S. markets post large gains