Fairfax Financial sells Singapore insurance business for US$1.6 billion
The sale will net US$900 million of after-tax profit
- By: Mary Gazze
- August 24, 2017 December 19, 2017
- 15:45
Latest news in Industry News
Activism takes toll on board diversity
Corporate boards affected by shareholder activism are becoming younger but less diverse
- By: James Langton
- August 24, 2017 December 19, 2017
- 15:30
CIBC reports net profit of almost $1.1 billion in Q3
The bank expects ‘moderation’ in new mortgages as new regulations take shape
- By: The Canadian Press, David Friend
- August 24, 2017 December 19, 2017
- 12:15
Accenture acquires financial consulting company Verax
The technology services firm serves the financial services industry from offices in Toronto and Halifax
- By: Leah Golob
- August 24, 2017 December 19, 2017
- 11:25
Canada Life strengthens presence in U.K.
Canada Life Group (U.K.) acquires Retirement Advantage
- By: Leah Golob
- August 24, 2017 December 19, 2017
- 10:40
Assumption acquires technology consulting company
The acquisition of TKS aims to assist Assumption Life in communicating more effectively with partners, advisors and clients
- By: IE Staff
- August 24, 2017 December 19, 2017
- 10:00
PlanPlus announces 2017 Global Financial Planning Awards winners
Woodgate Financial’s Jason Pereira wins Americas category
- By: Leah Golob
- August 23, 2017 December 19, 2017
- 15:30
Royal Bank reports $2.8 billion profit for Q3, hikes dividend
The bank exceeded expectations on the strength of its retail bank and wealth management platforms as it shifts to digital services
- By: David Friend
- August 23, 2017 December 19, 2017
- 13:30
Wealthsimple’s new investment portfolio targets Muslims
The new Halal investing portfolio screens for business and financial activity to ensure stocks are compliant with Islamic investing practices
- By: Leah Golob
- August 23, 2017 December 19, 2017
- 12:40
CPP reform to help lift plan’s assets above $15 trillion by 2090: analysis
A deal reached last year between the federal government and the provinces will raise contributions as of 2019
- By: Andy Blatchford
- August 23, 2017 December 19, 2017
- 11:40
Record household debt to add pressure to credit cards in next downturn: Moody’s
The ratings agency will be closely watching Alberta and Saskatchewan for signs of increased delinquencies
- By: David Friend
- August 23, 2017 December 19, 2017
- 11:25
Wealthsimple adds Shaunessy as subadvisor
Advisors who use Wealthsimple’s B2B platform have access to Shaunessy’s institutional portfolio
- By: Fiona Collie
- August 22, 2017 December 19, 2017
- 15:10
Insurers embrace automated underwriting
Tapping into data to perform applicant screening reduces costs, speeds up process
- By: Megan Harman
- August 22, 2017 December 19, 2017
- 14:45
RBC holds off Canadian fixed income rivals
All the leading Canadian fixed-income dealers have upped their game over the past 12 months
- By: James Langton
- August 22, 2017 December 19, 2017
- 09:55
Ontario court approves Home Capital class action lawsuit settlement
The OSC approved a settlement with the alternative mortgage lender earlier this month
- By: The Canadian Press
- August 21, 2017 December 19, 2017
- 15:25
Cumming defends fund-fee research
York University professor responds to IFIC-commissioned study, which opposes a possible ban on trailer fees
- By: James Langton
- August 21, 2017 December 19, 2017
- 14:35
Industry groups come out strongly against Ottawa’s proposed tax changes
STEP Canada, Advocis, CALU, CLHIA and others suggest the proposals are problematic and could have harmful consequences
- By: Rudy Mezzetta
- August 18, 2017 December 19, 2017
- 16:00
Advisors not communicating fees effectively: poll
Investors with a “complete understanding of fees” are considerably more likely to recommend their firm, J.D. Power survey finds
- By: Leah Golob
- August 17, 2017 December 19, 2017
- 13:15
Feds to consider expanded services from banks, fintechs
Finance Canada is reviewing various facets of the rules governing the financial services sector, including sales practices at the Big Six banks
- By: Rudy Mezzetta
- August 16, 2017 December 19, 2017
- 15:45
CIBC to launch Simplii direct banking brand, integrate PC Financial accounts
The two companies announced they’re going their separate ways after a partnership that has lasted for almost 20 years
- By: The Canadian Press, Ian Bickis
- August 16, 2017 December 19, 2017
- 15:15
BMO Private Banking announces U.S. ATM deal for HNW clients
Increased cross-border capabilities make it easier for high-net worth individuals and families to bank in both Canada and the U.S.
- By: IE Staff
- August 16, 2017 December 19, 2017
- 13:15
impak Finance introduces Canada’s first cryptocurrency
The public crowdsale of impak Coin, which is fully compliant with securities laws, begins on Aug. 21
- By: Leah Golob
- August 16, 2017 December 19, 2017
- 13:00
Computershare to acquire exempt market business of Canadian Western Trust
The agreement includes 22,500 self-directed accounts with assets under administration of $1.7 billion
- By: IE Staff
- August 16, 2017 December 19, 2017
- 11:00
CE is critical to advisors’ success with clients: poll
New IMCA survey finds that continuing education and professional development courses are “very important” to advisors
- By: Leah Golob
- August 15, 2017 December 19, 2017
- 13:30
Slideshow: How insurance advisors have rated their firms this decade
The Report Card average has remained quite stable during the past eight years, but some firms have seen some dramatic changes
- By: Fiona Collie
- August 15, 2017 November 9, 2019
- 09:00