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
The clampdown includes the sale of unsuitable universal life policies
New cash-settled index futures to arrive in January
Rising yields lead to "Goldilocks environment" for pension plans
Weak deal activity, syndicated lending drive drop in bankers' fees
Regulators to marry changes to disclosure rules with electronic access
American employers posted 9.6 million job openings in August, up from 8.9 million in July
Deputy governor says the bank is rethinking its assumptions about what drives inflation
ACM specializes in pooled Canadian commercial mortgage funds
Vericity includes insurance carrier Fidelity Life and direct-to-consumer agency eFinancial
Only half of the donation tax credit can be applied against the AMT, down from 100%
Regulator says the CoinField platform didn't have adequate assets to satisfy withdrawal requests
Convicted fraudsters banned by Ontario tribunal
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
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