Equities drive Q1 gains for Canadian DB pensions: Northern Trust
The median Canadian DB pension plan recorded a 3.0% gain in Q1, reversing a loss in Q4
- By: James Langton
- May 12, 2017 December 19, 2017
- 11:10
Latest news in Industry News
Home Capital says it’s in no rush to sell
The mortgage lender says it expects to have $125 million deposited in its high interest savings accounts by the end of Friday
- By: Alexandra Posadzki
- May 12, 2017 December 19, 2017
- 10:50
IIAC praises certain regulators for rejecting best interest standard
The association is calling on the ASC, AMF, BCSC and MSC to encourage the remaining provincial regulators to adopt a similar stance
- By: James Langton
- May 12, 2017 December 19, 2017
- 09:15
Wealthsimple secures more funding as it surpasses $1 billion in AUA
Power Financial is funding the robo-advisor with another $50 million, doubling its total investment in the growing company
- By: Beatrice Paez
- May 11, 2017 December 19, 2017
- 16:00
KPMG acquires Matchi
The online platform provides financial services institutions with access to fintech technologies and firms
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 14:40
FPSC accepting nominations for awards
Nominations for the Fellow of FPSC distinction close on June 9, with the winner honoured at an even in November
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 14:00
HNW women lack plans for wealth transfer
As HNW women become more involved in finances, they trail men in preparing to pass assets on to the next generation
- By: Beatrice Paez
- May 10, 2017 December 19, 2017
- 13:00
TMX Group increases dividend
Revenue growth coupled with a decline in operating expenses boost Q1 results
- By: James Langton
- May 10, 2017 December 19, 2017
- 09:45
Slideshow: How brokerages have fared during the past 10 years
Although the Report Card average has remained quite stable in the past decade, some firms have seen some dramatic changes in their ratings
- By: Fiona Collie
- May 10, 2017 November 9, 2019
- 09:00
Ontario court dismisses advisor’s wrongful dismissal lawsuit
A settlement the advisor signed with his former firm included a provision waiving the rights he had under the terms of his employment agreement
- By: James Langton
- May 9, 2017 February 15, 2018
- 10:35
Home Capital may sell some of its portfolio
The proposed sale is to designed to give the company the ability to continue serving as many customers as possible
- By: Alexandra Posadzki
- May 9, 2017 December 19, 2017
- 10:05
Home Capital suspends dividend
Company names new chairwoman, directors
- By: The Canadian Press
- May 8, 2017 December 19, 2017
- 15:40
Robo-advisor space ripe for consolidation: report
Start-ups that have brokered partnerships with incumbent financial advisor firms stand a much better chance at surviving past their infancy
- By: Beatrice Paez
- May 8, 2017 December 19, 2017
- 13:20
GWL makes big changes to advisor distribution network
Advisors with GWL’s Gold Key network Freedom 55’s Wealth and Estate Planning Group will now be part of Wealth and Insurance Solutions Enterprise
- By: Megan Harman
- May 8, 2017 December 19, 2017
- 13:00
Caregiving costs for aging Canadians having impact on families
Advisors might work to factor in the projected costs for caregiving when drafting clients’ retirement plan, CIBC report suggests
- By: Beatrice Paez
- May 8, 2017 December 19, 2017
- 11:20
Financial literacy and surging debt go hand-in-hand, survey finds
There is a lack of basic financial literacy skills among Canadians to understand and manage their debt
- By: James Langton
- May 8, 2017 December 19, 2017
- 11:05
IFIC: Limit embedded-fee funds to advisor channel
Industry group says DIY investors should not be paying fees meant to cover advice
- By: James Langton
- May 8, 2017 December 19, 2017
- 10:40
IGM downsizing, focusing on HNW clients
The financial giant has let 400 advisors and 80 administrative staff go in recent months
- By: Geoff Kirbyson
- May 5, 2017 December 19, 2017
- 16:30
CFP holders say other financial professionals should obtain the designation
Vast majority also back a best interest standard
- By: Beatrice Paez
- May 5, 2017 December 19, 2017
- 13:15
Great-West CEO mulls bringing firm’s three units under one brand
Relaunching GWL, Canada Life and London Life under a single banner is a topic of discussion at the firm, said Paul Mahon at Thursday’s AGM
- By: Geoff Kirbyson
- May 5, 2017 December 19, 2017
- 10:00
Diversity still hard to come by in U.S. asset-management industry
A new report finds that women- and minority-owned firms in the mutual fund business are slowly increasing their share of AUM
- By: Beatrice Paez
- May 4, 2017 December 19, 2017
- 13:40
DBRS downgrades Home Capital ratings
Credit rating agency cites the firm’s decision to postpone the release of its first quarter earnings to May 11
- By: James Langton
- May 4, 2017 December 19, 2017
- 10:30
CIBC adds more cash to PrivateBancorp offer
The friendly takeover bid is now worth $6.8 billion
- By: The Canadian Press
- May 4, 2017 December 19, 2017
- 09:00
Percentage of seniors in Canada continues to rise
Imbalances looming between working age adults and those collecting pensions and placing demands on health services
- By: James Langton
- May 3, 2017 December 19, 2017
- 11:40
Slideshow: Taking stock of each brokerage’s average advisor
Although advisors with bank-owned firms have bigger books and greater productivity on average than those with independent dealers, advisors with independent dealers are more likely…
- By: James Langton
- May 3, 2017 November 9, 2019
- 09:10