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PCMA to vote on merger with NEMA

The merger would ensure that the private capital and exempt markets have a unified industry voice

BMO, Wealthsimple enhance robo-advisor services

BMO SmartFolio has reduced its account minimum to $1,000

Six Canadian banks manipulated an interest rate benchmark, U.S. lawsuit alleges

The claim alleges the banks suppressed the CDOR by making artificially lower interest rate submissions

Middle-income Canadians face sizeable debt burden: StatsCan

Are your clients feeling blue?

Younger adults are especially blue about finances this time of year

  • By: Leah Golob
  • January 15, 2018 January 21, 2018
  • 15:25

Fiera rebrands Charlemagne Capital

Charlemagne forms the basis of Fiera’s European division

  • By: Leah Golob
  • January 15, 2018 January 19, 2018
  • 12:15

Reform in Europe will pressure asset manager fees: Moody’s

MiFID II is likely to increase competition and drive consolidation

Canadians face obstacles to investing

Canadians’ confidence wavers when faced with interest rate rise

Survey finds Canadians fret about possible rate hikes, rising costs and the inability to save

  • By: Leah Golob
  • January 15, 2018 January 21, 2018
  • 11:25
Table

Strong relationships drive client loyalty

Advisors with Raymond James, DS and IPC received some of the best ratings from their clients, according to new research

Simple trust income tax returns can now be filed online

The CRA recommends trust administrators start filing online because it’s a much simpler and faster process

  • By: Leah Golob
  • January 12, 2018 January 21, 2018
  • 10:30

Sun Life expects $200-million charge in Q4

The one-time charge is due to U.S. corporate tax changes

Capital markets face risks in 2018

Regulatory fragmentation, illiquidity and a potential sudden shock to the financial system are big risks for markets in the coming year, according to Ian Russell

  • By: Leah Golob
  • January 11, 2018 January 11, 2018
  • 16:30
How to help clients with unstable incomes

IA Financial introduces individual insurance online claims service

The new service is part of the insurer’s efforts to provide efficient digital offerings

  • By: Leah Golob
  • January 11, 2018 January 21, 2018
  • 11:00

Equisoft enhances wealth-management services

The Montreal-based technology firm recently acquired Apeiron Software and Planist

  • By: Leah Golob
  • January 10, 2018 January 21, 2018
  • 12:00
Feds to consider expanded services from banks, fintechs

Consumers increasingly open to non-bank providers

Consumers prefer to receive new services from their existing bank, but are open to changing firms to gain better service and more value

Fintech startup Mylo closes $2 million of seed funding

The Montreal-based firm’s app aims to make investing easy for all Canadians

  • By: Leah Golob
  • January 9, 2018 January 21, 2018
  • 12:20

TD acquires artificial intelligence startup Layer 6 AI

The Toronto-based firm uses AI in its platform to analyze various forms of data to learn and anticipate an individual customer’s needs

APEXA platform launches after several delays

RGAx to acquire LOGiQ3

The LOGiQ3 Group includes APEXA, which manages a national platform for life insurance advisor contracting and compliance in Canada

  • By: IE Staff
  • January 8, 2018 January 21, 2018
  • 14:50
IIAC praises certain regulators for rejecting best interest standard

Planswell expands reach of free financial planning tool

Planswell currently operates in British Columbia, Alberta, Manitoba, Ontario, New Brunswick and Nova Scotia

  • By: Leah Golob
  • January 8, 2018 January 21, 2018
  • 12:30

TD expects Q1 earnings cut due to U.S. tax change

But a lower corporate tax rate will have a positive effect on future earnings, the bank says

CIBC acquires Wellington Financial

The specialty finance firm will become part of CIBC Innovation Banking

Phones, tablets also affected by newly discovered security issue: Google

The problem was initially identified in computers based on Intel processors

Online brokerage users complain of glitches as pot stocks plunge

Several marijuana companies have taken a major hit

upclose stock market arrows green and red

Canadian equity issuance declined in 2017

RBC Capital Markets topped the equity league tables last year

Fitness, finances top Canadians’ New Year’s resolutions

Over a quarter of Canadians plan to make a money-related resolution this year

  • By: IE Staff
  • January 3, 2018 January 21, 2018
  • 17:30

Funded position of Canadian DB pension plans improves in 2017

Gains from surging equity markets were partially offset by falling long-term interest rates