IA Financial buying U.S. insurance company Vericity for US$170 million
Vericity includes insurance carrier Fidelity Life and direct-to-consumer agency eFinancial
- By: The Canadian Press
- October 3, 2023 October 3, 2023
- 10:32
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
Banks and other lenders have been stretching out amortizations to reduce monthly payments
The computer issue comes only weeks after Laurentian completed a strategic review without a deal to sell the bank
European regulators flag growing greenwashing risk
Toronto-based Obsiido plans to launch a service for advisors later this year
Undertaking doesn't preclude regulator's enforcement action, court finds
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Firms not disclosing investments' negative ESG impact, Paris alignment
After a record-breaking year for new product launches, old-fashioned strategies are still a solid choice for portfolios
Officials are preparing for a review of the Canada-U.S.-Mexico trade agreement in 2026
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
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
Plus, a new TD partnership, and Toronto fintech becomes dark pool partner
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
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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