“Robin Hood” of fees attracts new investment
Startup FeeX aims to provide U.S. retail investors with greater transparency on fees
- By: James Langton
- September 8, 2015 September 8, 2015
- 11:15
Latest news in Industry News
Interest rate cuts no longer expected
Economic news is improving on several fronts
- By: James Langton
- September 4, 2015 September 4, 2015
- 14:30
Fraudster impersonating CBA in phishing email
Consumers warned to delete fraudulent message
- By: James Langton
- September 2, 2015 September 2, 2015
- 16:00
Focus on best interests raising expectations for dealer conduct
Firms need to establish a culture of compliance —starting at the top of the organization
- By: James Langton
- September 2, 2015 September 2, 2015
- 12:30
Manulife enhances caller experience
New voice-recognition technology designed to enhance security and improve efficiency for advisors and their clients
- By: Megan Harman
- September 1, 2015 September 1, 2015
- 12:00
Sun Life completes acquisition of Bentall Kennedy
Real estate investment advisor added to institutional investment platform
- By: Tessie Sanci
- September 1, 2015 September 1, 2015
- 10:00
Many older Canadians still without a will: CIBC survey
Warn clients about the importance of proper estate planning
- By: Tessie Sanci
- August 31, 2015 August 31, 2015
- 12:05
Life and health insurance industry records robust growth in 2014
Assets increased by 11.5%; premium revenues improved by 7.7% year-over-year
- By: Fiona Collie
- August 31, 2015 August 31, 2015
- 10:55
IIAC opposes voluntary supplement to CPP
Expansion would require costly new infrastructure to administer individual accounts
- By: James Langton
- August 31, 2015 August 31, 2015
- 10:20
RBC completes sale of Swiss private banking business
Sale to SYZ Group completed on Aug. 28
- By: IE Staff
- August 31, 2015 August 31, 2015
- 09:30
CIBC strengthens focus on clients
Senior executives to lead efforts in key areas
- By: Tessie Sanci
- August 27, 2015 August 27, 2015
- 17:00
Wealthy clients feeling the squeeze from parental commitments
Many high net-worth clients are putting off their plans and dipping into their savings to help their children through post-secondary education and beyond
- By: Tessie Sanci
- August 27, 2015 August 27, 2015
- 16:40
Richardson GMP turns focus to alternative investments
Acquisition of asset-management firm will help advisors and their wealthy clients, who seek interesting investments non-correlated to the stock markets
- By: Fiona Collie
- August 27, 2015 August 27, 2015
- 14:45
Beacon Securities to divest its retail operations next week
The Halifax-based firm will turn its attention toward to its institutional operations, fixed-income and equity capital markets
- By: donalee Moulton
- August 27, 2015 August 27, 2015
- 11:00
Average Canadian family spends more on taxes than basic necessities
In 2014, 42.1% of income went to taxes while 36.6% went to basic necessities
- By: IE Staff
- August 27, 2015 August 27, 2015
- 08:50
Time to break down regulatory silos, says IAP
Ontario’s current system suffers from gaps in investor protection
- By: James Langton
- August 26, 2015 August 26, 2015
- 14:00
BlackRock acquires U.S. robo-advisor
FutureAdvisor’s digital platform will be available to U.S. financial services institutions once the deal closes. Plans to expand internationally will be considered in time
- By: Fiona Collie
- August 26, 2015 August 26, 2015
- 12:40
Canadians can expect average salary increases of 2.4% in 2015: survey
Workers in the oil and gas sector are now projected to receive the lowest pay increases
- By: IE Staff
- August 26, 2015 August 26, 2015
- 10:40
Salesforce introduces CRM tool specifically for financial services
The Salesforce Financial Services Cloud application will allow advisors to access the information they need from any device
- By: Tessie Sanci
- August 25, 2015 August 25, 2015
- 15:00
C.D. Howe report suggests ending paper cheques
Going completely digital would save billions
- By: The Canadian Press
- August 25, 2015 August 25, 2015
- 13:45
Desjardins Financial Security Q2 profit jumps by 50%
Growth in premiums and individual insurance sales
- By: IE Staff
- August 25, 2015 August 25, 2015
- 11:40
Natixis brings NexGen into the fold fully
Nine months after the acquisition of Toronto-based NexGen, Natixis has made several key changes
- By: James Langton
- August 24, 2015 August 24, 2015
- 10:40
Mackenzie creates systematic strategies team to take over certain management duties
Rick Weed, who recently joined the firm, will take over the management of various mandates from Chuck Roth, who retired from Mackenzie
- By: Tessie Sanci
- August 21, 2015 August 21, 2015
- 11:10
Mixed response from Ontario court on class action certification
Although the court struck down several of the proposed grounds for a class action, a couple of claims will be considered at a certification motion…
- By: James Langton
- August 21, 2015 August 21, 2015
- 11:00
Court dismisses case against advisor, Assante
The judge sided with the defendants, ruling that the case was brought after the two-year limitation period had expired
- By: James Langton
- August 21, 2015 August 21, 2015
- 09:05