CI completes acquisition of majority stake in Australian firm
The acquisition of GSFM represents growth opportunities in the Australian market for CI
- By: IE Staff
- November 15, 2016 November 15, 2016
- 14:20
Latest news in Industry News
Canadians close to retirement not confident of financial positions
Most Canadians aged 55 lack of confidence in retirement planning and being able to sustain their lifestyle in retirement, Mackenzie study finds
- By: IE Staff
- November 15, 2016 November 15, 2016
- 13:50
U.K. regulations caused advisor exodus and advice gap
Bhupinder Anand, managing director, Anand Associates, discusses his perspective on the aftermath of the U.K.’s 2013 Retail Distribution Review, which caused an exodus of investment…
- By: Bhupinder Anand
- November 15, 2016 November 9, 2019
- 12:45
Hot real estate market represents big money laundering risk
Firms such as banks and securities dealers involved in real estate transactions are vulnerable to being exploited to enable money laundering
- By: James Langton
- November 15, 2016 January 22, 2018
- 12:20
Wealthy Canadians have misgivings about charity, BMO study finds
But half of HNW Canadians would like to talk with their advisors about the tax benefits of charitable giving as part of their tax planning…
- By: James Langton
- November 15, 2016 November 15, 2016
- 11:40
Clients need to make voices heard if SRO for advisors is to become a reality
Although the provinces have not moved yet on the effort to see the creation of an SRO for advisors, clients could help tip the scale…
- By: Tessie Sanci
- November 15, 2016 November 9, 2019
- 10:45
Insurance advisors must get ready for greater regulation
The creation of an FSRA in Ontario and the rapid pace of regulatory change occurring on the investment side of the business has big implications…
- By: Megan Harman
- November 15, 2016 November 9, 2019
- 07:30
PwC to launch new platform for enabling blockchain
Vulcan Digital Asset Services include a platform designed to enable the shift toward digital assets for households and businesses
- By: James Langton
- November 14, 2016 November 14, 2016
- 12:30
Adoption of fee-based model having positive impact for advisors
Going to a fee-based structure has contributed to positive growth in AUM and revenue for advisors as well as increased clients’ satisfaction and trust in…
- By: Tessie Sanci
- November 14, 2016 November 14, 2016
- 07:25
CLHIA applauds Ontario adoption of PRPPs
The association encourages remaining provinces to quickly move to make PRPPs available to their citizens
- By: IE Staff
- November 11, 2016 November 11, 2016
- 17:15
IIAC lauds exclusion of TFSAs in new Common Reporting Standard legislation
Excluding TFSAs from CRS reporting requirements better aligns CRS rules with those already in place for FATCA, making it easier for Canadian financial services firms
- By: Rudy Mezzetta
- November 11, 2016 November 11, 2016
- 16:45
Canadians worried about their finances: FPSC survey
But while some may benefit from professional financial guidance, 26% are unsure of where to turn to get professional financial advice
- By: Tessie Sanci
- November 11, 2016 November 11, 2016
- 15:30
CME Group announces executive shuffle
With CEO Phupinder Gill set to retire at yearend, Terry Duffy, president and executive chairman, will take over as chairman and CEO
- By: James Langton
- November 11, 2016 November 11, 2016
- 10:15
GMP Capital keeping stake in Richardson GMP
The independent financial services firm responds to speculation regarding its investment in Richardson GMP
- By: Tessie Sanci
- November 11, 2016 November 11, 2016
- 09:15
Report lauds new takeover rules
C.D. Howe Institute says extended evaluation time for takeover bids benefits companies, shareholders
- By: James Langton
- November 10, 2016 November 10, 2016
- 15:15
Fiera to acquire Centria for $33 million
The purchase is a related-party deal as Centria is being bought from DJM Capital, a holding company that also controls Fiera indirectly
- By: James Langton
- November 10, 2016 November 10, 2016
- 12:15
Aston Hill and Front Street change terms of merger
Several key changes to the terms of Aston Hill’s debentures will see Front Street partners compensated for additional dilution
- By: James Langton
- November 10, 2016 November 10, 2016
- 10:50
GWL, Canada Life and London Life restructure their Canadian operations
The three lifecos have now centred their business in Canada around two business units: one focused on individual clients and another on group clients
- By: Megan Harman
- November 8, 2016 November 8, 2016
- 14:30
TMX Group develops strategic agreement with Solium Capital
The two firms signed a strategic agreement in which TMX Group’s listed company support division clients will have access to Solium’s cloud-enable services
- By: Tessie Sanci
- November 8, 2016 November 8, 2016
- 12:15
Study examines how advisors boost household wealth
The gamma factor – the discipline associated with longstanding financial advice and higher savings rates – is key to explaining the large difference in assets…
- By: Tessie Sanci
- November 7, 2016 November 7, 2016
- 16:40
U.S. asset managers in the dark on social media
Compliance and regulatory concerns are the main reasons that companies give for not engaging on social media
- By: James Langton
- November 7, 2016 November 7, 2016
- 12:00
Credit unions expand financial literacy program across Canada
Award-winning program covers basic banking, budgeting, taxation, developing a credit history, loans and fraud prevention
- By: Tessie Sanci
- November 7, 2016 November 7, 2016
- 11:00
Canadian DB plans see positive results in Q3
RBC report finds that DB pension fund investment managers, who saw positive results from Canadian and global equities, consistently beat their benchmarks in Q3
- By: Tessie Sanci
- November 3, 2016 November 3, 2016
- 11:15
PlanPlus’s Shawn Brayman awarded for paper
Brayman, who took home the AFS’s CFP Board Best Paper Award, was a previous recipient of the award in 2011
- By: IE Staff
- November 3, 2016 November 3, 2016
- 11:00
U.S. advisors concerned about election, fiduciary duty
Quarterly Fidelity survey finds that advisors are also worried about interest rate hikes, portfolio management, market volatility and searching out yield and income
- By: James Langton
- November 3, 2016 November 3, 2016
- 10:00