Review of multi-level-marketing MGAs results in enforcement for 65 life agents
The clampdown includes the sale of unsuitable universal life policies
- By: Michelle Schriver
- October 3, 2023 October 4, 2023
- 15:52
Latest news in Industry News
EQB signs deal for 75% stake in alternative asset manager ACM Advisors
ACM specializes in pooled Canadian commercial mortgage funds
- By: The Canadian Press
- October 3, 2023 October 3, 2023
- 10:45
IA Financial buying U.S. insurance company Vericity for US$170 million
Vericity includes insurance carrier Fidelity Life and direct-to-consumer agency eFinancial
- By: The Canadian Press
- October 3, 2023 October 3, 2023
- 10:32
Proposed AMT could discourage large philanthropic gifts
Only half of the donation tax credit can be applied against the AMT, down from 100%
- By: Rudy Mezzetta
- October 2, 2023 October 2, 2023
- 17:20
BMO Private Wealth makes layoffs, changes leadership structure
Brokerage reduces regions to four from six, eliminating nine positions
- By: Melissa Shin
- September 29, 2023 September 29, 2023
- 10:35
What would a U.S. government shutdown mean?
Impacts to Social Security, travel, student loans and more explained
- By: Wyatte Grantham-philips, The Associated Press
- September 28, 2023 September 28, 2023
- 16:05
AI tools for financial advisors are already here
From meeting prep to constructing financial plans, here's how advisors are making use of new tech
- By: Mark Burgess
- September 28, 2023 September 28, 2023
- 13:22
Why aren’t more advisors incorporating home equity into retirement plans?
New research looks at what's preventing advisors from recommending home equity release schemes
- By: Mark Burgess
- September 27, 2023 November 10, 2023
- 14:25
Blackstone officially opens Canadian office in Toronto
Move comes as interest grows in alternative assets
- By: Mark Burgess
- September 27, 2023 September 27, 2023
- 11:57
Clients may be more open to discussing serious illness planning than death planning
Help clients prepare for a serious illness
- By: Melissa Shin
- September 26, 2023 September 26, 2023
- 16:29
Feds unlock another $20 billion for low-cost rental construction financing: Freeland
The government is raising the limit on the Canada Mortgage Bonds program to $60 billion
- By: The Canadian Press
- September 26, 2023 September 26, 2023
- 15:24
JPMorgan to pay US$75 million on claims that it enabled Jeffrey Epstein’s sex-trafficking operations
The bank had already agreed to pay US$290 million in a class-action lawsuit that involved Epstein's victims
- By: Ken Sweet
- September 26, 2023 September 26, 2023
- 13:21
Insurers continued paying record benefits in year three of pandemic
Total premiums collected by insurers also rose in 2022, according to the CLHIA
- By: IE Staff
- September 26, 2023 September 26, 2023
- 11:41
Private credit funds going evergreen with eye on retail market
A global survey finds managers are considering more liquid funds
- By: Mark Burgess
- September 25, 2023 September 25, 2023
- 12:58
Ivey Women in Asset Management program expands nationwide
Summer program for students includes a paid internship with an asset management firm
- By: IE Staff
- September 25, 2023 September 26, 2023
- 12:40
Alberta downplaying pension plan proposal risk, experts say
Broad estimates and generous assumptions may mean the APP is less viable than it seems
- By: Rudy Mezzetta
- September 22, 2023 September 22, 2023
- 16:30
FP Canada’s revenue mixed in 2022–23
Certification fees accounted for 70% of income
- By: Michelle Schriver
- September 22, 2023 September 22, 2023
- 15:16
Positioning your book for a sale
There's more than one approach to advisor succession
- By: Mark Burgess
- September 21, 2023 September 21, 2023
- 15:48
U.S. applications for jobless benefits fall to lowest level in nearly 8 months
Labour market continues to show strength in the face of elevated interest rates
- By: Matt Ott, The Associated Press, The Associated Press
- September 21, 2023 September 21, 2023
- 14:27
Fraud in mortgage, credit card, auto sectors rises amid interest rate hikes
If high rates persist, fraudulent activity could accelerate
- By: The Canadian Press
- September 21, 2023 September 21, 2023
- 14:16
Alberta deserves more than half CPP assets if it exits program: report
Province would be entitled to 53% of the national pension plan's pool by 2027
- By: The Canadian Press
- September 21, 2023 September 21, 2023
- 13:57
Small venture capital player becomes symbol in fight over corporate diversity policies
Fearless Fund co-founder says it will take trillions of dollars to close the racial and gender gap in venture capital funding
- By: Alexandra Olson
- September 20, 2023 September 20, 2023
- 13:48
Canadians report financial security concerns as inflation hammers savings
RBC 2023 Financial Flexibility Poll finds that 77% of survey respondents say they would like to save more but can't
- By: IE Staff
- September 20, 2023 September 20, 2023
- 11:48
FSRA publishes final fee rule for its sectors
The rule includes the regulator's fee calculations for credentialing bodies
- By: IE Staff
- September 19, 2023 September 19, 2023
- 16:29
BMO to shutter retail auto finance business as bad debt mounts
The bank's provisions for credit losses in its retail line rose 800% to $81 million last quarter
- By: The Canadian Press
- September 18, 2023 September 18, 2023
- 11:28