Pandemic exposed cracks in global financial system
Further reforms may be needed to address vulnerabilities revealed under extreme market stress
- By: James Langton
- July 13, 2021 July 13, 2021
- 13:41
Further reforms may be needed to address vulnerabilities revealed under extreme market stress
Zero-commission trading isn't free, it comes with hidden costs, ESMA says
Another GWL subsidiary, Irish Life, has struck a deal to acquire Ark Life Assurance Company
The rules are designed to set clear expectations for planners who use technology in their practices
The recent surge in online investing has created “significant demand” for features that inform investors, BMO says
Stakeholders want it to be clear that beneficiary designations indicate the deceased's wishes
Both products are available in mutual fund and ETF versions
The central bank halted dividend hikes for lenders last March before loosening restrictions in December
The increase has heightened concerns that the Fed might introduce rate hikes earlier than expected
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation
Companies and investment funds tapped investors in private and public markets, the BCSC reported
Drug and alcohol deaths surged last year for those under 65, StatsCan reported
RBC warns that labour shortages are set to rise as retirements resume and more people are willing to leave their jobs
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
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
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups