Some U.S. states have already passed legislation to create retirement savings vehicles, but concerns have hindered these efforts
The transaction will add $840 million in AUA and a network of licensed advisors across southern Ontario
The business will be integrated into Piper Jaffray’s equities and investment banking group but continue to operate under the Simmons brand
The proportion of asset allocators overweight in equities has risen significantly
Although 94% of Canadians would like to have guaranteed income for life in retirement, 61% say they don’t understand what an annuity is and how…
The Alberta court has overturned a lower court ruling that acquitted three men earlier this year
FFCM will bring its expertise and platform to Canada while the firm will also provide AGF greater distribution capabilities in the U.S.
Following in Goldman Sachs’ footsteps, the insurance giant will allow certain shareholders to nominate 20% of its board
Clients are unsure of what services they paid for, but they still prefer to pay for advice through an ongoing fixed commission
Organic growth for the industry is expected to slow to 2% by 2020
But the court wants more evidence on the claims of policyholders who bought two types of UL policies
U.K. firm will provide access to a broader range of risk management and analytics services as the OTC markets evolve
New research released in the lead-up to Financial Planning Week
Many Canadian investors don’t seem to understand the impact of fees on their portfolios
The purchase will add approximately 200 independent insurance advisors to iA Financial’s MGA subsidiary, National Financial Insurance Agency
A community foundation that is receptive to giving the donor control over his or her investments could be attractive for some HNW clients
Assaf Weisz will lead Nexus Canada as national director
Sponsorship recognizes the value of advice on and off the field
Insurer reports double-digit growth in insurance sales and positive net flows in wealth and asset management businesses
The class-action settlement is believed to be the largest with a group of underwriters in Canadian history
A lower percentage of Canadians plan to donate a lower annual total this year vs 2014, but the average percentage of people willing to donate…
It takes U.S. firms four years to recoup their client acquisition costs
Younger clients are turning to digital platforms, such as robo-advisors, as they’re accustomed to convenient and low-cost digital solutions in other services
The two men were part of an international market manipulation scheme with ties to Canada
New report looks to gauge what investors think about their financial advisors and whether those opinions may change in the near future