FCA sets out to redesign U.K. retail investment disclosure
Regulators seek more useful, flexible product disclosures
- By: James Langton
- December 19, 2024 December 20, 2024
- 14:23
Payroll employment, job vacancies both decline as labour demand ebbs
Faster mortgage growth, HELOCs push debt over the $3 trillion mark
Despite the pickup, sales are on track to be the lowest since 1995
As many as three members voted for a 25 bps cut to the rate, now at 4.75%
GDP growth has topped 2% in eight of the last nine quarters
The S&P/TSX composite index fell 562.71 points
The Dow Jones Industrial Average dropped 2.6%
Report sets out recommendations for addressing risks posed by leverage build ups
Feds boost SR&ED, renew accelerated investment incentive
Following its third cut this year, Fed signals fewer reductions in 2025
ESMA consults on code of conduct to encourage issuer-sponsored research
The S&P/TSX composite index fell 103.17 points to 31,896.59
State TV has reported the resignation of Mohammad Reza Farzin, the head of the central bank
Fund managers have mixed feelings about 2026 — they're optimistic about multiple sectors, but see continued risk on the global trade front
They bring liquidity and pricing benefits, but some ETFs have too few
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Confident and knowledgeable retirement plan members are most likely to seek advice
Sisu paid $6.5 million to gain a more prominent minority shareholder position
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
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
Tech, climate change account for nearly half of thematic ETF assets
They are increasingly being used for fixed income, foreign equities exposure
Mutual fund, ETF AUM rose for the seventh consecutive month