Merrill Lynch launches U.S. robo-advisor
The firm is aiming to fit Merrill Edge Guided Investing between its traditional full-service advisors and its discount brokerage
- By: James Langton
- February 8, 2017 February 8, 2017
- 14:10
Latest news in Industry News
Denis Berthiaume: 2016 Quebec Financial Personality of the Year
Martin Thibodeau, Richard Legault, Robert Frances, Louis Allard, Francis Sabourin and Gilles Garon were also honoured at FI’s annual gala event in Montreal
- By: IE Staff
- February 8, 2017 November 9, 2019
- 07:00
Canfin launches online platform to connect with its advisors
With VirtualSage, individuals can talk with a financial planner or retirement consultant through a virtual chat portal
- By: Fiona Collie
- February 7, 2017 February 7, 2017
- 17:50
Manulife removes need for nicotine testing for some life insurance applicants
The change will save the insurer money and attract more clients by making the application process faster
- By: Alexandra Posadzki
- February 7, 2017 February 7, 2017
- 17:30
Feds reject recommendation to raise retirement age
The government will stick to its election promise to set the age of retirement eligibility at 65
- By: The Canadian Press
- February 7, 2017 February 7, 2017
- 16:55
BMO, Desjardins named top banking firms for customer service in Canada: Surviscor
Canadian banking customers are not being properly serviced through non-branch interactions
- By: IE Staff
- February 7, 2017 February 7, 2017
- 15:30
Seven women recognized for leadership in capital markets business
The recipients of the 2017 WCM Executive Coaching Award have a minimum of 10 years of experience and are looking to further develop their executive…
- By: Tessie Sanci
- February 7, 2017 February 7, 2017
- 14:30
Canadian pension plans performed strongly last year
DB pension plans recorded an overall annual return of 6.8% in 2016, up from 5.4% in 2015, thanks to Canadian energy, materials and financial services…
- By: James Langton
- February 7, 2017 February 7, 2017
- 12:00
Ontario teams up with Israel to tackle cybersecurity in financial services
Toronto-based financial services institutions that will participate in the first slate of projects have been identified and will be announced as the projects are launched
- By: James Langton
- February 7, 2017 February 7, 2017
- 11:45
CTI Capital Securities’ new hybrid advice platform targets the mass affluent
Clients will initially sign up with CTI ePortfolio by filling in an online questionnaire then meet with a rep in person to confirm the answers…
- By: Fiona Collie
- February 6, 2017 January 15, 2018
- 16:45
U.S. investment industry continues to adapt to potential new fiduciary rule
Firms will continue to take steps to comply with the regulation until Congress or the DOL take more definitive action, new Moody’s report suggests
- By: James Langton
- February 6, 2017 February 6, 2017
- 16:40
Ontario looking for portfolio managers for new VC fund
The government is hoping to attract 1.5 times its investment in the new, clean technology fund from other private sector investors
- By: James Langton
- February 6, 2017 February 6, 2017
- 15:05
Courier loses CRA disc containing taxpayers’ private information
The federal tax agency notes that the data are encrypted and the risk that the taxpayers’ information would be compromised is thought to be very…
- By: James Langton
- February 6, 2017 February 6, 2017
- 10:30
Court gives go-ahead to lawsuit against directors linked to First Leaside
The investors are suing 16 directors claiming negligence, breach of fiduciary and statutory duties, and that the directors’ actions were oppressive
- By: James Langton
- February 3, 2017 February 3, 2017
- 15:00
Financial Horizons acquires Estate Financial
New Brunswick-based MGA Estate Financial has more than 200 brokers who serve clients in five provinces
- By: Megan Harman
- February 3, 2017 February 3, 2017
- 14:05
Appeal court decision makes it harder to obtain certain bonuses after dismissal
Investment manager is not able to collect bonuses after dismissal because contract stated he must be “actively employed” with the firm for a four-year period
- By: Patricia Chisholm
- February 3, 2017 February 3, 2017
- 11:00
IIAC seeks nominees for annual Hall of Fame class
A maximum of four living and four posthumous candidates will be inducted into the Hall of Fame at a gala event in October
- By: IE Staff
- February 3, 2017 February 3, 2017
- 10:30
Fitch expects rollback in regulation for U.S. financial services
Although a full retraction of the Dodd-Frank reforms are not expected, certain provisions of the rule may face substantial revision
- By: James Langton
- February 2, 2017 February 2, 2017
- 16:00
Regulators must be prepared to strike a balance on blockchain technology
The focus should be on designing a principles-based regulation regime that sets high safety standards without disrupting the technology’s development
- By: James Langton
- February 2, 2017 February 2, 2017
- 14:40
TMX Group joins Chamber of Digital Commerce
By joining the Chamber, TMX Group is aiming to position Canada as a global leader in the adoption of blockchain-based technology
- By: James Langton
- February 2, 2017 February 2, 2017
- 14:20
Insurance industry technology lab opens up in Toronto
Cookhouse Lab seeks to enable the insurance industry to work together to facilitate innovation instead of individual companies striving to develop new concepts internally
- By: Megan Harman
- February 1, 2017 February 1, 2017
- 16:30
SoFi acquires Zenbanx
SoFi intends to leverage Zenbanx’s platform and underlying technology to expand its suite of online personal finance offerings
- By: James Langton
- February 1, 2017 February 1, 2017
- 16:25
NYSE completes acquisition of NSX
The NSX is being renamed NYSE National Inc. after the closing of the deal
- By: James Langton
- February 1, 2017 February 1, 2017
- 16:15
IFIC introduces advisor centre portal
Advisor centre offers resources related to key topics including mutual fund fees, serving vulnerable investors, hot regulatory topics and tools and tips related to CRM2
- By: Tessie Sanci
- February 1, 2017 February 1, 2017
- 15:40
CIBC tops annual Canadian online banking functionality benchmark
The bank has claimed the top spot for three years in a row thanks to its “financial health check” feature, “net worth tracker” and savings…
- By: Tessie Sanci
- February 1, 2017 February 1, 2017
- 13:45