Paul Bourque, president and CEO, Investment Funds Institute of Canada, explains why increased disclosure and transparency would be better for mutual fund investors than the proposed ban on embedded commissions. He spoke from the IFIC annual leadership conference in Toronto.
Manulife, Great-West had leadership changes last year
The non-prime lender withdrew its guidance earlier this month
Public pension manager's AUM rose to $195B
Clamp-down on scams may impose new obligations on financial institutions, among others
Private equity was identified as top choice of alternatives asset class
Changes come weeks after Manulife Singapore issued world's largest life insurance policy
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Fraudster sentenced in absentia after pleading guilty