Millennials will force advisors to reshape their business
With this demographic’s net worth set to increase by 500% in the next 15 years, advisors will have to cater to the needs of this…
- By: Beatrice Paez
- April 7, 2017 December 19, 2017
- 14:40
Latest news in Industry News
Wells Fargo’s board advises shareholders to vote against ISS motion
The proxy advisory firm is recommending shareholders to dump 12 of the 15 members of the board as a result of the recent scandal at…
- By: James Langton
- April 7, 2017 December 19, 2017
- 14:05
Investors want a blend of digital and traditional financial advice
The trend is being driven by wealthier clients, who believe that traditional human advisors don’t provide “sufficient value,” new Accenture report finds
- By: Beatrice Paez
- April 7, 2017 January 15, 2018
- 12:00
Empire Life to deliver insurance contracts to clients digitally
The digital documents will be available first to clients who apply for insurance using the Fast & Full electronic life insurance application, then expanded this…
- By: Megan Harman
- April 7, 2017 December 19, 2017
- 10:45
Raintree introduces portfolio management arm
The firm’s advisors will now have the option to refer clients to third-party portfolio managers with whom the firm has long had relationships or to…
- By: Fiona Collie
- April 7, 2017 December 19, 2017
- 10:10
BMO names Darryl White as new CEO
White, the bank’s current COO, will replace outgoing CEO Bill Downe, who’s retiring, at the end of the current fiscal year
- By: Pablo Fuchs
- April 7, 2017 December 19, 2017
- 07:45
Firms increasingly adopting electronic data feeds to track insurance policies
There are big challenges related to doing this, but it ensures applications are processed quicker and could also help advisors identify sales opportunities
- By: Megan Harman
- April 6, 2017 December 19, 2017
- 17:15
Exchanges report greater engagement with ESG issues: survey
Exchanges are running sustainability events, making their own commitments to sustainability and offering more ESG products
- By: James Langton
- April 6, 2017 December 19, 2017
- 14:45
Greater collaboration between fintech and established players expected
Incumbents see potential for a “symbiotic relationship” with fintech firms as 82% of executives intend on partnering with these startups in the next few years
- By: Beatrice Paez
- April 6, 2017 December 5, 2019
- 14:15
Ontario court rules in favour of monetary relief for executor
The hostile beneficiaries, who had claimed the executor had not met his duties, were ordered to pay more than $17,000 to cover the executor’s costs…
- By: Patricia Chisholm
- April 5, 2017 January 29, 2018
- 16:05
Advocacy group calls for greater disclosure from RBC
SumOfUs is calling on the bank’s shareholders to support a bid for greater transparency surrounding the bank’s lobbying efforts
- By: James Langton
- April 5, 2017 December 19, 2017
- 12:15
Canada’s biggest banks on the defensive over sales practice allegations
U.S. bank Wells Fargo publicly apologized and paid large penalties after it came to light that its employees had opened millions of unauthorized accounts and…
- By: Alexandra Posadzki
- April 5, 2017 December 19, 2017
- 06:00
FAIR Canada calls on regulators to take action on banks’ sales practices
The group is asking the CSA in an open letter to step up its oversight and ensure bank-based advisors are meeting their regulatory obligations
- By: James Langton
- April 4, 2017 December 19, 2017
- 15:50
Scotiabank CEO supports free trade but wants governments to address concerns
Much of the worry around free trade stems from the fact that technological progress is changing the economy and, in some cases, eliminating jobs, Porter…
- By: The Canadian Press
- April 4, 2017 December 19, 2017
- 15:30
FMIs made substantial enhancements to their risk management practices in 2016: report
Priorities for 2017 will include enhancing cybersecurity action plans and finalizing recovery plans
- By: James Langton
- April 4, 2017 December 19, 2017
- 15:00
CPP expansion needs solid plan to deal with shortfalls
A new report expresses concern that real return estimates may be unrealistic, and making younger workers pay higher contributions should thus be avoided
- By: James Langton
- April 4, 2017 December 19, 2017
- 14:30
WCM expanding to Calgary
With the introduction of the new chapter on Friday, the advocacy group will be represented in Canada’s Big Four cities for the financial services sector
- By: James Langton
- April 4, 2017 December 19, 2017
- 10:15
Regulators’ Report Card: COs, execs share their views on key issues
Pablo Fuchs, senior editor with Investment Executive and Fiona Collie, staff writer, discuss survey participants’ thoughts about the CSA’s proposal to introduce a best interest…
- By: Fiona Collie, Pablo Fuchs
- April 4, 2017 November 9, 2019
- 09:50
AdvisorStream expands services with LinkedIn integration
Advisors will now be able to share compliance-approved articles available in AdvisorStream’s library with their LinkedIn connections
- By: Beatrice Paez
- April 3, 2017 December 19, 2017
- 16:25
Global financial services sector faces difficult road ahead: report
A new study from the CFA Institute suggests the industry is at an inflection point in which advisors fostering trust among clients will be key…
- By: Beatrice Paez
- April 3, 2017 December 5, 2019
- 14:40
Regulators’ Report Card 2017: Good news for regulators
Pablo Fuchs, senior editor with Investment Executive and Fiona Collie, staff writer, discuss survey participants’ favourable views of the regulators and other key findings in…
- By: Fiona Collie, Pablo Fuchs
- March 31, 2017 November 9, 2019
- 13:00
Global investment in insurtech rising rapidly
Although only 14% of the deals that took place last year involved an insurer or its venture arm, this is a significant increase from 3%…
- By: Beatrice Paez
- March 30, 2017 December 19, 2017
- 15:15
TD Bank reviewing concerns about sales practices
CEO Bharat Masrani says he has been speaking with TD employees across the country
- By: Alexandra Posadzki
- March 30, 2017 December 19, 2017
- 14:25
Marsillo to retire as senior vice president of Canada Life distribution
The news follows an announcement last week in which two executives were named to key roles as part of a structural reorganization
- By: IE Staff
- March 30, 2017 December 19, 2017
- 13:40
Scotiabank donates $5 million to new AI institute
The Vector Institute in Toronto brings together various parties in the private and public sectors to advance AI research in Canada
- By: IE Staff
- March 30, 2017 December 19, 2017
- 09:50