DBRS to provide credit ratings, research on Overbond platform
A “dramatic rise” in primary bond market transaction volumes has resulted in increased demand for credit ratings information
- By: James Langton
- December 14, 2016 December 14, 2016
- 10:40
Latest news in Industry News
WCM leadership award winner on strengthening diversity
In part two of a three-part series, “Women in Capital Markets 2016: Extraordinary Leaders,” Dan Richards, CEO, Client Insights, discusses strategies that strengthen diversity and…
- By: Marian Lawson
- December 14, 2016 December 15, 2017
- 10:25
U.S. research finds big differences between older and younger investors
In addition, investor literacy remains relatively low as 56% failed a 10-question quiz and only 10% answered at least eight of 10 correctly
- By: James Langton
- December 13, 2016 December 13, 2016
- 17:20
IAFP seeks submissions for annual student competition
The third annual competition requires students to prepare a document and video on whether robo-advisors will help clients’ meet their financial planning needs
- By: Tessie Sanci
- December 13, 2016 December 13, 2016
- 14:40
OBSI supports recommendation to make binding compensation decisions
Although the dispute-resolution service supports most of an independent reviewer’s recommendations, it rejects a couple of big ones
- By: James Langton
- December 13, 2016 December 13, 2016
- 12:45
Lifecos have work to do on their websites, Forrester’s study finds
Although most firms’ websites evaluated did a good job of getting prospective life insurance buyers’ attention, they did poorly in converting that attention into a…
- By: Megan Harman
- December 13, 2016 December 13, 2016
- 12:00
Employer-sponsored pension plans see growth in Q2
StatsCan reports that these pension funds rose by 1.8%, up from a 1.3% decline in Q1, thanks to higher investment income and better contributions
- By: James Langton
- December 13, 2016 December 13, 2016
- 10:45
New U.S. fiduciary rule impacting firms’ strategies, Fitch report finds
Some big Wall Street firms are planning to move to a purely fee-based model whereas others will still allow commissions for retirement accounts
- By: James Langton
- December 12, 2016 December 12, 2016
- 15:50
Canadian pension funds strike deal to co-own N.Z. property portfolio
CPPIB and PSP Investment Board will each own a 50% stake in the properties
- By: The Canadian Press
- December 12, 2016 December 12, 2016
- 13:40
FAIR Canada calls for major changes in yearend wish list
The investor advocacy group has some novel recommendations, including the establishment of a fund to compensate victims of frauds
- By: James Langton
- December 9, 2016 December 9, 2016
- 15:30
Court dismisses proposed class action against Sun Life
The plaintiffs had argued that they incurred increases in the cost of insurance on certain policies, representing breaches of the terms of their insurance contracts
- By: Megan Harman
- December 9, 2016 December 9, 2016
- 14:40
Pessimism reigns in insurance industry, KPMG survey finds
Many in the insurance industry feel unprepared for the challenges the business is facing related to increasing regulatory demands and perpetually low interest rates, among…
- By: Megan Harman
- December 8, 2016 December 8, 2016
- 17:15
LOGiQ Asset Management debuts with intentions to pursue aggressive growth
The firm born out of the Aston Hill and Front Street Capital merger wants to bring sophisticated investment strategies to the mass market, says CEO…
- By: Rudy Mezzetta
- December 8, 2016 December 8, 2016
- 16:40
Scotiabank partnership focuses on Latin American fintech
The bank and QED Investors are launching a VC fund that will seek out companies in Latin America focused on fintech disruptors
- By: IE Staff
- December 8, 2016 December 8, 2016
- 15:50
Tough road ahead for asset managers, white paper suggests
Faced with mounting pressures, asset-management firms will likely have to cut costs and adopt new strategies, Casey Quirk’s report recommends
- By: James Langton
- December 8, 2016 December 8, 2016
- 14:25
ModernAdvisor introduces custom portfolios service
The robo-advisor will work with clients who invest $150,000 or more through its platform to customize their portfolios
- By: IE Staff
- December 8, 2016 December 8, 2016
- 14:00
FAIR Canada elects members to its board
Larry Waite, Guy Lemoine, Stephen Jarislowsky and Preet Banerjee are among the directors elected to the investor advocacy group’s board
- By: James Langton
- December 8, 2016 December 8, 2016
- 13:30
Peak establishes partnership with L.E.S. Financial Services
Peak Insurance Services will add more than 6,000 clients to its roster as a result of the deal with L.E.S, which provides insurance services to…
- By: Tessie Sanci
- December 7, 2016 December 7, 2016
- 15:40
Greater regulation in store for insurance industry: OSFI rep
But with growing regulation comes higher costs for companies — and small firms, in particular, are likely to struggle with these increasing expenses
- By: Megan Harman
- December 7, 2016 December 7, 2016
- 14:40
WCM leadership award winner talks strategy
In part one of a three-part interview series, “Women in Capital Markets 2016: Extraordinary Leaders,” Dan Richards, CEO, Client Insights, discusses successful workplace strategies for…
- By: Steve Banquier
- December 6, 2016 December 15, 2017
- 14:15
IA acquires HollisWealth from Scotiabank
HollisWealth will add $34 billion in AUA, 800 licensed advisors and 400,000 active clients to IA’s growing wealth-management operations
- By: Megan Harman
- December 5, 2016 December 5, 2016
- 17:30
Investing in your assistants is critical, lawyer recommends
Advisors must be willing to spend money on their assistants, said Ellen Bessner during a keynote speech at the inaugural Assistants’ Conference in Toronto
- By: Tessie Sanci
- December 5, 2016 December 5, 2016
- 16:50
CIBC to distribute Piper Jaffray’s equities research in Canada
Piper Jaffray’s 40 analysts cover 750 companies in the consumer, energy, financial, health-care, industrial and technology sectors
- By: James Langton
- December 5, 2016 December 5, 2016
- 16:00
The CDPSF wants to hear advisors’ say on embedded commissions
The survey is being introduced in advance of an expected CSA proposal to ban on embedded mutual fund commissions
- By: James Langton
- December 5, 2016 December 5, 2016
- 15:40
Investment banking prices slip in 2015
Statistics Canada’s IBSPI aims to measure movements in the prices charged for investment banking services
- By: James Langton
- December 5, 2016 December 5, 2016
- 11:55