E-L Financial ups its stake in Empire Life
The deal will bring almost all of Empire Life inside the E-L Financial holding group
- By: IE Staff
- December 11, 2015 December 11, 2015
- 14:35
Latest news in Industry News
BMO launches robo-advisor platform
The automated advice platform is open to employees and will launch publicly in January
- By: Fiona Collie
- December 11, 2015 December 11, 2015
- 10:45
Hearsay Social enhances social media compliance tools
The new tools will provide financial services firms and their compliance officers better oversight in managing advisors’ electronic communications
- By: Tessie Sanci
- December 10, 2015 December 10, 2015
- 16:35
Agreements are critical to expanding trade in financial services
For Canada, the TPP is most important, followed by potential trade deals with China, the Pacific Alliance, India and ASEAN nations, C.D. Howe report finds
- By: James Langton
- December 10, 2015 December 10, 2015
- 14:45
Canada’s largest pension funds experienced huge increase in AUM
The 10 largest pension funds have invested approximately $600 billion across various asset classes, with a significant portion invested in alternative asset classes
- By: Tessie Sanci
- December 10, 2015 December 10, 2015
- 14:30
IAM names new CFO
Tom Felkai, vice president of finance, will take over from Stephen Johnson, who is stepping down as CFO on Dec. 31
- By: Tessie Sanci
- December 10, 2015 December 10, 2015
- 10:15
CRA releases simplified foreign reporting regime
New Form T1135 provides compliance relief for those with foreign property worth less than $250,000
- By: Rudy Mezzetta
- December 9, 2015 December 9, 2015
- 17:00
U.K. wealth-management firms need to do better, FCA report finds
Although some firms have made progress in establishing client suitability in recent years, other firms need to make substantial improvements
- By: James Langton
- December 9, 2015 December 9, 2015
- 15:15
Trusteed pension plan assets down 1% in Q2 2015
The drop marks the first decline in assets since Q2 2013
- By: James Langton
- December 9, 2015 December 9, 2015
- 14:15
Keep CanPX: IIAC
The CSA plan for enhancing transparency in fixed-income markets needs more thought, says IIAC CEO Ian Russell
- By: James Langton
- December 9, 2015 December 9, 2015
- 11:00
Help clients deal with reduction to TFSA contribution limit
Remind your clients of other tax savings options and strategies, including maximizing RRSPs and other registered accounts
- By: Rudy Mezzetta
- December 8, 2015 December 8, 2015
- 16:50
Nasdaq buys Canadian ATS
The move means Nasdaq will have a Canadian presence for the first time in 10 years
- By: James Langton
- December 8, 2015 December 8, 2015
- 09:10
Scotiabank rebrands and restructures wealth platform
A bevy of services and brands will now fall under the umbrella of Scotia Wealth Management banner
- By: Rudy Mezzetta
- December 7, 2015 December 7, 2015
- 16:50
PIMCO hires taps former central bank chiefs
Ben Bernanke, Jean-Claude Trichet to join advisory board
- By: James Langton
- December 7, 2015 December 7, 2015
- 16:30
FMFD announces 2016 board
Nine mutual fund dealer execs on trade association board
- By: IE Staff
- December 7, 2015 December 7, 2015
- 15:55
In-person meetings to remain critical growth driver, advisors say
Advisors will also need to use technology to improve productivity and free up time to spend with clients, survey finds
- By: Fiona Collie
- December 7, 2015 December 7, 2015
- 15:30
Supreme Court rules that class-action lawsuit against CIBC can proceed to trial
The bank is alleged to have failed to adequately disclose its exposure to the U.S. subprime market
- By: Alexandra Posadzki
- December 4, 2015 December 4, 2015
- 16:15
SHARE calls for clarity on class-action limitation periods
SCC decisions prompt shareholder advocacy group to recommend that legislators should follow Ontario’s lead
- By: James Langton
- December 4, 2015 December 4, 2015
- 15:00
Confidence is a motivating factor in seeking financial planning advice
Study finds that those who experience financial stress and lacking in confidence are less likely to seek financial help
- By: Tessie Sanci
- December 3, 2015 December 3, 2015
- 17:45
Will Canada become the North American hub for Islamic finance?
Canada’s proportionately larger Muslim population vs the U.S. and sterling reputation for economic strength and stability gives the country advantages to win this business
- By: Rudy Mezzetta
- December 3, 2015 December 3, 2015
- 16:15
New online tool aims to help HNW clients
Collins Barrow Toronto’s “What’s Your Number” will assist HNW clients in understanding their finances
- By: Tessie Sanci
- December 3, 2015 December 3, 2015
- 11:50
Fiera wins pension award
The award acknowledges Fiera’s performance and ability to grow AUM
- By: Tessie Sanci
- December 3, 2015 December 3, 2015
- 10:50
TD Bank Q4 profit rises to $1.84 billion
Core Canadian retail banking arm up 15%
- By: The Canadian Press
- December 3, 2015 December 3, 2015
- 07:55
Wealthsimple buys discount brokerage
Robo-advisor will be able to work more closely with advisors as a result of the transaction
- By: Tessie Sanci
- December 2, 2015 December 2, 2015
- 15:45
Insurer loses bid to remove lawyer from lawsuit
Former in-house lawyer has insider’s knowledge of firm’s business practices and litigation strategies, Manulife argues
- By: James Langton
- December 2, 2015 December 2, 2015
- 11:55