Wealth seminars fronted adviser fraud
Ponzi scheme targeted elderly churchgoers, U.S. authorities charged
- By: James Langton
- June 2, 2025 June 2, 2025
- 10:41
Ponzi scheme targeted elderly churchgoers, U.S. authorities charged
Inflation looks temporary, but growth risks persist
Premiers to press PM to speed up approvals for major projects
Retaliatory measures could take effect July 14
The central bank is expected to hold rates on Wednesday, but some economists say there are "psychological" reasons for a cut
Plus, CIBC and Bloomberg implement AI
FCA endorses move to T+2 for funds that currently settle at T+3 or T+4
SRO aims to ease compliance, adjust limit to inflation
Insurance association is using tools created by Paris-based Shift Technologies
However, economists say the underlying data 'wasn’t as impressive as it looked'
The reconstitution will take effect after the closing bell on June 27
That compares with $50.9B deficit in the same period of 2023-2024
The May crude oil contract dropped US$1.30 to US$96.57 per barrel
Current challenge deals with levies imposed under the Trade Act of 1974
Cheap funding, central bank support, rosy AI forecasts, FOMO and more have kept market valuations elevated — that won’t last forever
Tribunal to consider settlement with Liquidnet over allegedly faulty controls
Social relationship with regulator's key witness in case leads to recusal
Venture companies begin opting for less frequent reporting
The Calgary-based asset manager negotiated with its lender to buy more time to repay its debt
Many trusts may need to amend 2024, 2025 tax returns
Bank will also be hiring and expanding in key areas of national importance
Plus, Designed Wealth adds advisor and inaugural taxonomy and transition planning council named
McIntyre to start a new role later this month
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, new emerging market, target-date and tech funds, and a raft of fund changes
The lack of a structured follow-up when a client changes hands can leave the policyholder vulnerable
Gold prices, equity markets drove strong seg fund sales but couldn’t prevent net outflows in 2025