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
Latest news in Industry News
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
Gerald Soloway to retire as Home Capital CEO
Martin Reid will take over from the long-time head of the alternative mortgage lender at the firm’s annual general meeting on May 11
- By: James Langton
- March 1, 2016 March 1, 2016
- 10:35
Fiera expands U.S. presence with acquisition of Apex Capital
The deal will add US$7.1 billion in AUM and double the size of Fiera’s institutional and subadvisory retail business in the U.S.
- By: James Langton
- March 1, 2016 March 1, 2016
- 09:55
Piper Jaffray closes deal with Simmons & Co.
The Simmons brand will live on and operate as a new division within Piper Jaffray’s equities and investment-banking group
- By: James Langton
- February 29, 2016 February 29, 2016
- 15:50
VanCity report finds huge gap in inheritance expectations in B.C.
Although 28% of millennials in B.C. expect an inheritance of more than $300,000, only 8% of parents believe they’ll be able to leave that much…
- By: Tessie Sanci
- February 29, 2016 February 29, 2016
- 13:25
Leith Wheeler expands to Toronto
The expansion will bring the independent investment-management firm closer to 40% of its client base
- By: Tessie Sanci
- February 29, 2016 February 29, 2016
- 11:00
Women in Capital Markets to honour 15 executives
The “champions of change” honorees understand the important economic impact gender-balanced leadership has to Canada’s economy
- By: Tessie Sanci
- February 26, 2016 February 26, 2016
- 17:25
Letters to the Editor: Cumming research leaves many unanswered questions
Additional analysis and discussion is required if policy-makers and regulators are to proceed in a way that serves investors well
- By: Joanne De Laurentiis
- February 26, 2016 February 26, 2016
- 16:40
Letters to the Editor: Banning commissions not in the public interest
Fee-based advisors are not looking after average and below-average clients, so where are these people going to turn?
- By: Andrew Lau
- February 26, 2016 February 26, 2016
- 16:15
Cybercrime becoming a greater worry for Canadian firms
New PwC report suggests employees are often affected significantly when their company falls victim to economic crime
- By: James Langton
- February 25, 2016 February 25, 2016
- 13:55
TD, CIBC report higher Q1 profits in spite of challenging environment
Both banks increase their quarterly dividends
- By: Alexandra Posadzki
- February 25, 2016 February 25, 2016
- 11:15
Nasdaq completes deal for Marketwired
The acquisition expands Nasdaq’s newswire distribution and gains access to Marketwired’s social media targeting tools and analytics
- By: James Langton
- February 25, 2016 February 25, 2016
- 10:40
Caisse calls for infusion of public, private investment due to economic woes
Despite market volatility, the Quebec pension fund generated a 9.1% return on investments last year
- By: Ross Marowits
- February 24, 2016 February 24, 2016
- 17:05
Employers must do more to improve understanding of DC pension plans
A new report from BlackRock finds that employees are concerned they’re not saving enough for retirement or on track to retire on time
- By: Tessie Sanci
- February 24, 2016 February 24, 2016
- 13:50
SHARE report highlights key 2015 proxy votes
Shareholders are more willing to raise their voices
- By: James Langton
- February 24, 2016 February 24, 2016
- 12:30