U.S. tax officials delay changes to non-U.S. firm tracking rules
IIAC lauds decision to give its members more time to review, consult on the changes
- By: Rudy Mezzetta
- August 14, 2017 December 19, 2017
- 15:50
Latest news in Industry News
Feds to review whether credit unions can use banking terms
Finance Canada is reviewing whether credit unions should be allowed to use “banking” and similar language when describing their services
- By: The Canadian Press
- August 11, 2017 December 19, 2017
- 15:25
Protocol to protect vulnerable investors gets IAP support
The IAP notes such provisions were recently adopted in the U.S.
- By: James Langton
- August 10, 2017 December 19, 2017
- 15:10
Robo-advisors could expand market for financial advice
Rather than cannibalizing traditional financial services firms’ clients, robo-advisors could open the market to cost-sensitive investors
- By: James Langton
- August 10, 2017 December 19, 2017
- 14:05
CLHIA calls for key changes to improve insurance advisor oversight
The association calls the current regulatory framework outdated and suggests licensed distribution firms are made responsible for overseeing advisors
- By: Megan Harman
- August 10, 2017 January 21, 2018
- 11:30
CI buys Sentry for $780 million
CI will see its AUM increase by 16% to approximately $140 billion from $120.4 billion and maintain Sentry as a standalone brand
- By: IE Staff
- August 10, 2017 December 19, 2017
- 07:50
CLHIA strongly in favour of new requirements for insurance advisors
The association’s response to the CCIR’s strategic plan recommends that regulators implement a mandatory rule for advisors to conduct a needs analysis for all clients
- By: Megan Harman
- August 9, 2017 December 19, 2017
- 15:20
Is SRO needed for exempt-market dealers?
A new paper examining the exempt-market regime in Canada suggests there’s likely a significant gap in investor protection because no SRO exists
- By: James Langton
- August 9, 2017 December 19, 2017
- 14:20
IIAC introduces judges for Top Under 40 Award
Milton McClaren, Joe Oliver and Margot Ritchie will decide the winner of this year’s award
- By: Leah Golob
- August 9, 2017 December 19, 2017
- 14:10
CLHIA lobbies feds to expand options for guaranteed life income streams
The association argues that without the benefit of DB plans, Canadians face several risks in funding their long-term retirement
- By: Rudy Mezzetta
- August 9, 2017 December 19, 2017
- 12:15
New threats present cybersecurity risks for financial services firms
Companies that use certain Microsoft software products should take steps to ensure they’re protected against older vulnerabilities
- By: James Langton
- August 9, 2017 December 19, 2017
- 10:35
Mandeville, Smart Money introduce WealthPort service
Mandeville advisors can refer clients and prospects to the new platform, which combines the benefits of a robo-advisor but with access to private alternative strategies,…
- By: Megan Harman
- August 8, 2017 December 19, 2017
- 16:45
APEXA platform launches after several delays
The new tool aims to create a centralized database of insurance advisors and to digitize the contracting process, which has traditionally been highly paper-intensive
- By: Megan Harman
- August 8, 2017 December 19, 2017
- 10:15
IA completes acquisition of HollisWealth
With the completion of the deal, IA becomes one of the largest non-bank wealth-management firms in Canada with almost $80 billion in AUA
- By: IE Staff
- August 8, 2017 December 19, 2017
- 08:10
Dennis Mitchell, Scott Colbourne leave Sprott
The departures follow the completion of John Wilson and James Fox’s acquisition of Sprott Asset Management
- By: IE Staff
- August 7, 2017 December 19, 2017
- 12:00
BMO lauded for ESG best practices
The bank received the highest ranking among 5,000 companies in the U.S. and Canada
- By: Leah Golob
- August 3, 2017 December 19, 2017
- 10:40
Home Capital posts $111M loss in first earnings report since Buffett lifeline
The company reported that elevated expenses weighed down its bottom line, including $213.6 million pre-tax from its liquidity crisis earlier this year
- By: The Canadian Press
- August 3, 2017 December 19, 2017
- 08:05
Slideshow: Unique differences among insurance firms’ advisors
For insurance advisors, average age, tenure in the industry and with their firms, as well as annual compensation, is most revealing
- By: James Langton
- August 2, 2017 November 9, 2019
- 11:00
PPI, WealthBar team up to give insurance advisors access to investments
PPI Valet, powered by WealthBar’s robo-advisor platform, provides advisors who are licensed only in insurance an opportunity to expand their offerings
- By: Megan Harman
- August 1, 2017 December 19, 2017
- 13:50
RBC’s mobile users can now call on Siri to pay bills
The bank is also introducing the ability for clients to make Interac e-Transfer payments within Apple’s iMessage platform
- By: Leah Golob
- August 1, 2017 January 22, 2018
- 11:10
DH acquisition drives fintech investment in Q2
Investor interest in fintech remains quite high in Canada, with the Big Five banks continuing to place a strong emphasis on innovation
- By: James Langton
- August 1, 2017 December 19, 2017
- 10:30
U.S. banks benefiting from higher interest rates
Q2 results for the big U.S. banks revealed positive trends in both earnings and loan growth
- By: James Langton
- July 31, 2017 December 19, 2017
- 12:10
New firm focusing on digital asset sector raises $20 million
NextBlock Global will invest in companies involved in the development and deployment of blockchain technology and virtual currencies
- By: James Langton
- July 31, 2017 December 19, 2017
- 09:45
J.P. Morgan to be powered by renewable energy
The bank is also committed to facilitating US$200 billion in clean energy financing through 2025
- By: James Langton
- July 28, 2017 December 19, 2017
- 11:55
Insurance Advisors’ Report Card 2017: Editors discuss results
Pablo Fuchs, senior editor with Investment Executive, and Fiona Collie, staff writer, discuss the results of this year's Insurance Advisors’ Report Card, which show advisors…
- By: Fiona Collie, Pablo Fuchs
- July 28, 2017 November 9, 2019
- 08:00