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
Latest news in Industry News
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
CIBC, PrivateBancorp revise merger agreement
The deal is now valued at US$4.9 billion, a 20% increase in value compared from the initial offer delivered in June 2016
- By: Beatrice Paez
- March 30, 2017 December 19, 2017
- 09:30
New program aims to provide fintech firms with affordable data
Fintech firms that apply will be screened based on a variety of criteria and those selected will receive select fixed-income and equity market data
- By: James Langton
- March 30, 2017 December 19, 2017
- 09:15
FPSC, IQPF issue updated guidelines for financial planners
The re-released 2016 guidelines include new insight into the sources used to develop the projections, along with some historical data
- By: James Langton
- March 29, 2017 December 19, 2017
- 11:45
RBC to launch hybrid advisor platform
MyAdvisor combines new online advice platform with real-time access to the bank’s financial advisors
- By: IE Staff
- March 29, 2017 January 15, 2018
- 07:10
Wealthsimple takes another stab at RESPs with launch of new platform
The firm has created its own RESP account-opening process through Canadian ShareOwner after stopping support of the product soon after launching in 2014
- By: Fiona Collie
- March 29, 2017 March 29, 2017
- 05:30
Toronto rises to top 10 in list of global financial centres
Montreal and Vancouver have also risen in the rankings while Calgary has taken a big step back because of volatility in the energy sector
- By: James Langton
- March 28, 2017 March 28, 2017
- 13:15
Canadian institutional investors rank asset managers
Baillie Gifford, Phillips, Hager & North and PIMCO distinguished themselves by building strong relationships, Greenwich says
- By: James Langton
- March 28, 2017 March 28, 2017
- 10:40
Richter Family Office expands to Toronto
New branch led by Greg Moore aims to better serve ultra-high net-worth families
- By: Beatrice Paez
- March 28, 2017 March 28, 2017
- 10:00
SHARE successfully pushes for disclosure of corporate political activity
Shareholders have an interest in knowing how their companies invest in influencing public policy
- By: James Langton
- March 28, 2017 March 28, 2017
- 09:45
Sun Life announces executive changes
Kevin Strain, Claude Accum and Colm Freyne shifting to new roles
- By: Beatrice Paez
- March 28, 2017 March 28, 2017
- 09:20
Home Capital fires CEO Martin Reid
The announcement comes as the mortgage lending firm finds itself confronting declining stock value and earnings as well as scrutiny from Ontario’s securities regulator
- By: The Canadian Press
- March 28, 2017 March 28, 2017
- 05:30
Financial services firms failing on diversity
New research finds that although 76% of firms are actively trying to attract women, only 25% have been able to recruit more experienced women
- By: James Langton
- March 27, 2017 March 27, 2017
- 13:30
StatsCan study ties education to retirement savings behaviour
Those with a higher level of education are estimated to have higher savings rates in tax-preferred retirement accounts such as RRSPs
- By: James Langton
- March 27, 2017 March 27, 2017
- 10:45
IMCA develops “matrix” to help advisors cater to HNW clients’ needs
The new framework defines the credentials deemed critical for advising wealthy clients
- By: Beatrice Paez
- March 24, 2017 March 24, 2017
- 15:30
Canadians unprepared for retirement, unexpected events, survey finds
Just 22% of those who are financially unwell say they retain an advisor, meaning there’s an advice gap that needs to be filled, new Manulife…
- By: Beatrice Paez
- March 24, 2017 January 29, 2018
- 14:50
Two execs named to new roles as part of GWL reorganization
Mike Cunneen, Dave Kent have new positions within GWL’s, Canada Life’s and London Life’s new Advisory Network
- By: IE Staff
- March 24, 2017 March 24, 2017
- 13:15
Canaccord Genuity Wealth Mangement grows in U.K.
The firm as entered into an agreement with C. Hoare & Co. to acquire its investment dealing and custody business
- By: James Langton
- March 24, 2017 March 24, 2017
- 11:15
Hearsay fine-tunes platform to catch and alert risky communications
The social media monitoring tool now uses machine learning to sift through advisor communications with clients to flag — and potentially delete — activities that…
- By: Beatrice Paez
- March 23, 2017 March 23, 2017
- 15:00
Millennials are remarkably loyal to banks, survey finds
More than three-quarters of millennials prefer to house all their financial products at one bank because they trust these institutions blindly
- By: Beatrice Paez
- March 23, 2017 March 23, 2017
- 11:30
Say-on-pay hasn’t halted the rise in CEO compensation: report
The findings suggest that the labor market for CEO pay remains robust
- By: James Langton
- March 21, 2017 March 21, 2017
- 10:30
Scotia iTRADE introduces sustainable investing tools for direct investors
The new tools enable investors to have a closer look at companies’ corporate practices and identify ESG leaders and laggards in an industry
- By: IE Staff
- March 20, 2017 January 29, 2018
- 10:00
OBSI reports increase in complaints for 2016
Although complaint volumes increased year-over-year, overall trends remained consistent
- By: Beatrice Paez
- March 16, 2017 March 16, 2017
- 12:10