Ian Russell, IIAC president, discusses the main themes addressed at the Investment Industry Association Annual Conference. From tumultuous markets and regulatory changes facing the industry…
Consumers willing to improve their knowledge
Firm says it is refocusing efforts to service clients in major Canadian centres
Aspects of Dodd-Frank will have global implications regardless of which other regulators adopt them
ATS proposes to introduce several new order types
Client Relationship Model and new disclosure requirements are pushing up costs
The personal income tax burden should be eased, CICA says
Second distribution satisfies more than half of the total Madoff accounts with claims
Disnat ranks highest for a fourth consecutive year
Real estate and infrastructure are preferred choices for DB funds looking to combat lagging funding levels
Report shows progress made from June 2011
Many IRS measures specifically target foreign taxpayers meaning plenty of Americans in Canada will be impacted
Bank’s reluctance to sell non-traditional mortgages will reduce availability of credit to many borrowers
Web-based platform addresses major challenges facing financial and investment advisors
High-frequency trading limits the frequency and severity of end-of-day price manipulation, paper says
If the client’s memory begins to fail, advisors can end up in the middle of contentious family disputes
Family living arrangements include foster kids, grandparents, single moms, soccer dads
Deal bolsters Franklin Templeton’s alternatives strategies business
Change would ensure CORRA captures as broad a data set as possible
Industry should focus on customers in the aftermath of the crisis, Waugh says
Department of Finance seeks fairness for payment industry
Consumer advocate flags concerns that EU legislation could dilute the ban
With interest rates low, firm plans to grow savings and investment side of the business
System assets rise 7% to $145.7 billion
Specialty insurer plans to streamline management in two business segments