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A global network of investment points
From the Regulators

FSB adopts standards for counterparty failures

Global policy group calls for toolbox approach to CCP resolution

Focus on Mutual Funds Special Report

Higher capital gains inclusion rate and mutual funds

Mutual fund corporations can pass gains to unitholders

chart showing downward movement
From the Regulators

Fund costs fell after CRM2

CSA research details the evolution of fund costs in the face of transparency reforms

Bank of Canada note
Industry News

BoC officials split on when to start cutting rates, summary shows

Some members thought bank should take its time; others were concerned about keeping interest rates high for too long

Pro bono advice
From the Regulators

Advisors face new U.S. fiduciary requirements

Labor Department finalizes fiduciary rule for retirement advice

Aging
Research and Markets

More than 1 in 4 aging Americans don’t expect to retire: AARP

Nearly three-quarters are concerned about prices rising faster than incomes

gavel

Tribunal asked to pause OSC’s Bridging case

Lawyers for firm's founder seek adjournment amid unpaid legal bills

Desjardins complex
Industry News

Desjardins sells its shares in Fiera

Desjardins says the transaction "does not call into question our business relationship with Fiera"

Pretty young woman refuel the car
Research and Markets

Statistics Canada reports dip in retail sales

February result weighed down by slumping fuel sales

Piggybank With Eyeglasses And Calculator On Wooden Table, TFSA, RRSP
Industry News

CRA to charge 9% interest on overdue tax in Q3

Prescribed rate to dip as inflation eases

Bitcoin cryptocurrency with a pile of coins and smartphone, Vector illustrator
Research and Markets

Interest in cryptoassets increasing among firms and institutional investors: survey

Half of financial services respondents said they offered cryptoasset services in 2023, up from 41% in 2021

  • By: IE Staff
  • April 24, 2024 April 24, 2024
  • 10:43
Research and Markets

Financial planning projections generally brighter in 2024

Canadian equities are projected to return 6.4% over the next decade, up slightly from last year

Desjardins using CapIntel Correlate for client education, CFR help

Also, BDO releases AI for wealth management

TD hit with $9.2M penalty after failing to report suspicious transactions

The penalty is for five violations during a review between March 2022 and March 2023: Fintrac

Great-West Lifeco reports $960 million net earnings in Q1

GWL's AUM dips below $1 trillion after Putnam sale

Industry moves this week

A mix of retirements and board appointments

  • By: Katie Keir
  • April 26, 2024 April 26, 2024
  • 14:41

Industry moves this week

Notable news comes from banking, and a new leader joins Sterling Mutuals

  • By: Katie Keir
  • April 15, 2024 April 15, 2024
  • 13:17

Sam Albanese, industry pioneer, dies at 76

Friends, colleagues remember him as an innovator who was dedicated to his field

Emerge ETFs unitholder calls for greater regulatory oversight

Investor decries lack of communication throughout cease-trade order, and recommends increased due diligence when choosing funds

Emerge ETFs class action won’t proceed

Fund manager has no assets or insurance, lawyer says

TFSAs, RRSPs and more could see changes in allowed investments

Qualified investments review could lead to lower costs for investors but also restrictions

Misleading disclosure wasn’t material, BCSC panel finds

Misrepresentation allegations against pharma company and CEO dismissed

Delay for OSC’s Bridging hearing denied

Tribunal refused to pause its proceedings while lawyers try to get paid

Binance founder sentenced to 4 months

Changpeng Zhao jailed for allowing rampant money laundering on the platform

Jobless claims in the U.S. remain historically low

U.S. employers added 303,000 jobs last month, an example of the U.S. economy’s resilience

Greater Vancouver home sales rise in April

Inventory in April reached levels not seen since pandemic

Young investors more likely to switch advisors: survey

High costs were cited as a top concern among young investors