AIMCo to get piece of US$219 million legal settlement
U.S. insurer Genworth has agreed to make the payment to avoid the cost and risk of continuing the battle in court
- By: The Canadian Press
- March 14, 2016 March 14, 2016
- 08:30
Latest news in Industry News
Advisors get closer to earning the CFP
A majority of advisors who took the FPSC’s Level 1 examination in financial planning and CFP examination from November are on to the next step…
- By: Tessie Sanci
- March 11, 2016 March 11, 2016
- 16:40
Trader not liable for trading losses, court rules
The trader left Hampton Securities after accumulating $500,000 in losses
- By: James Langton
- March 11, 2016 March 11, 2016
- 15:40
Director compensation levels continue to rise
Gender diversity on corporate boards is slowly improving
- By: James Langton
- March 10, 2016 March 10, 2016
- 11:20
Nasdaq to acquire International Securities Exchange
The deal comes in the midst of ongoing merger talks between Deutsche Boerse and the London Stock Exchange
- By: James Langton
- March 10, 2016 March 10, 2016
- 10:30
Appeal court rules “racist” will should not have been invalidated
The appeal court has ruled against a lower court decision because there is nothing in the will that offends public policy or violates the law
- By: James Langton
- March 9, 2016 March 9, 2016
- 17:20
Bank CEOs saw their pay boosted last year
Newer CEOs received the biggest raises
- By: Alexandra Posadzki
- March 9, 2016 March 9, 2016
- 16:30
Great-West Lifeco Irish unit buys health insurer
Aviva Health and GloHealth will be combined into one company
- By: Tessie Sanci
- March 9, 2016 March 9, 2016
- 16:15
North America drives investments in fintech to new record
Large global financial services institutions are changing their attitude toward fintech to access new markets and strengthen their customers’ experience
- By: Tessie Sanci
- March 9, 2016 March 9, 2016
- 14:55
OBSI recommended higher client compensation in 2015
The dispute-resolution service reports that banking complaints rose by 21% over the past year while investment complaints dropped by 14%
- By: James Langton
- March 9, 2016 March 9, 2016
- 12:50
Weak markets pressure pension funds: StatsCan
Pension fund income plunged during the Q3 2015
- By: James Langton
- March 9, 2016 March 9, 2016
- 11:40
Resource economy partly to blame for poor gender diversity on boards: CIBC CEO
Getting the best talent should be a priority for every business leader
- By: The Canadian Press
- March 8, 2016 March 8, 2016
- 17:10
ICD releases guidance for corporate directors
Directors can play an important role in engaging their companies’ significant investors
- By: James Langton
- March 8, 2016 March 8, 2016
- 15:05
Former Scotiabank executive joins robo-advisor
Anatol von Hahn has joined Smart Money while Salim Manji of Barney River Investments is now a minority shareholder and advisor
- By: Fiona Collie
- March 8, 2016 March 8, 2016
- 12:40
U.K. investor advocacy panel tackles automated advice, pensions
The FSCP is arguing that financial advice, regardless if it’s automated or not, need to be held to the same standard
- By: James Langton
- March 4, 2016 March 4, 2016
- 14:10
Wealthsimple eliminates minimum investment account
That change was made possible thanks to the firm’s acquisition of ShareOwner, whose dollar-based investment services allows investors to purchase fractional shares of ETFs
- By: Tessie Sanci
- March 4, 2016 March 4, 2016
- 08:00
ICE acquiring two securities pricing businesses
The deal will enable ICE to offer customers new data and valuation services
- By: James Langton
- March 2, 2016 March 2, 2016
- 16:45
Marijuana-based equity crowdfunding portal set to launch
Bay Street Canabis will provide legal cannabis-related businesses with a venue to raise capital
- By: James Langton
- March 2, 2016 March 2, 2016
- 16:40
Court rejects investors’ appeal to move case to Ontario
The investors allege that their broker mismanaged their accounts and that the firm is vicariously liable
- By: James Langton
- March 2, 2016 March 2, 2016
- 16:25
Sprott expands its U.S. presence
The firm’s American division is opening an office in New York and has hired a new executive
- By: IE Staff
- March 2, 2016 March 2, 2016
- 16:15
CWB completes acquisition of Ontario firm
The addition of Maxium Financial and Desante Financial will broaden CWB’s business mix in specialized finance markets
- By: Tessie Sanci
- March 2, 2016 March 2, 2016
- 12:50
Foresters buys Aegon companies
Deal represents foray into asset management business for life insurer
- By: Megan Harman
- March 1, 2016 March 1, 2016
- 17:00
Sun Life boosts its U.S. business with closing of Assurant deal
The purchase of Assurant’s U.S. employee benefits business positions Sun Life as the sixth-largest group benefits business in the U.S.
- By: James Langton
- March 1, 2016 March 1, 2016
- 13:45
Finance Canada audit calls for focus on emerging risks
A report detailing the results of an audit on the Financial Sector Policy Branch found the policy arm to be doing a good job
- By: James Langton
- March 1, 2016 March 1, 2016
- 11:50
ICE considers bid for the LSE
Meanwhile, the LSE reports that merger talks with Deutsche Börse “continue to progress”
- By: James Langton
- March 1, 2016 March 1, 2016
- 11:20