New draft rules issued on Friday set out public disclosure requirements under the new risk-sensitive capital rules for life insurers
Adam Kramer, Ford O’Neil, Geoff Stein and David Wolf will take on some new mandates following Joanna Bewick’s and Chris Sharpe’s departures
The regulator’s paper follows a 2015 survey highlighting several concerns, including the management of conflicts connected with remuneration
The firm is launching new portfolios and making other changes to provide better value to investors
Overall, the proportion of workers who are covered by a workplace pension is declining as well
Although a hearing panel found Michael Sutton had no intent to violate the rules, it ruled that he failed to ensure proprietary funds were priced…
The June number followed inflation readings of 1.3% in May and 1.6% in April, slipping further away from the Bank of Canada’s 2% target
The Nasdaq set a record high for a third session in a row
Canadian banks will have until 2021 to implement new capital requirements for market risk
One bright spot so far this year is the artificial intelligence sector, which saw record investment activity in the first half
The new ETFs will invest in emerging trends and focus on gender diversity, cybersecurity, automobile innovation and global health care
The proposed policy sets the minimum educational, training and experience necessary for reps to sell ETFs
The banking sector’s fundamentals also continue to improve as troubled loans “have bottomed out in most regions” and profitability is up
The S&P/TSX composite index rose 58.63 points to 32,058.73
The central bank issued a summary of its overnight-rate deliberations earlier this month
Americans’ assessments of their current economic situation tumbled: survey
The increase is part of an effort to beef up anti-money laundering measures
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
The pension fund's 50% share of the initial capital commitment is roughly $1.8 billion
Woodgate Financial Inc., Assante Financial Management Ltd., are among Focal's customers
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record