Judges disagree over fiduciary duty claim
Majority dismisses appeal, rejects proposed class action
- By: James Langton
- March 1, 2022 March 1, 2022
- 16:00
Majority dismisses appeal, rejects proposed class action
The bank's AUM of $345 billion represents an 11% increase from last year
Luke Gould, IGM Financial's CFO, will replace him as the company shuffles management ranks
The firm's wealth management net income is down by 6% compared to Q1 2021
Tipsters were paid $240,000 for information that led the regulator to open an investigation
The economy held up better than many expected through the omicron wave, providing justification for rate hikes
The potential removal of Russian listings from MSCI indexes would challenge the fund industry
SEC also orders "pharma bro" and Wu-Tang fan to pay civil penalties
Clients with cash may consider "selectively" buying the dip, but advisors warn against market timing
Higher energy prices boost exports, StatsCan reports
Easing pandemic restrictions and healthy balance sheets underpin the recovery
Target-date retirement ETFs, a floating-rate debt fund and a diversified income ETF are among the recently announced products
Disappointing U.S. retail sales raise bets for more rate cuts
Housing starts forecast to drop to 247,000 this year as costs, inventories rise
Economists had expected a 0.4% increase
Alleged $213-million loan guarantee remains subject of dispute
U.K. agency brings first proceeding alleging illegal promotional activity
Agency found firm failed to report suspicious transaction
Date not reasonable for industry implementation, tax practitioner says
$10M capital gains exemption for sellers set to expire at end of this year
Aging client base, different registered accounts are changing how advisors see RRSP season
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Fees, ease of access are key considerations for investors when selecting an ETF
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report