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Thursday August 09, 2018
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Industry News
FPSC proposes “duty of loyalty” for financial planners
The new requirement would introduce “specific obligations” that would expand financial planners’ obligation to prioritize their clients’ interests
August 9, 2018
Research and Markets
Pressure on active management intensifies: Fitch
Fidelity’s recent launch of two zero-fee index mutual funds highlights the revenue pressures facing traditional investment managers, report states
August 9, 2018
From the Regulators
IIROC fines advisor $150,000 for failing to prioritize clients’ interests
David Gary Durno implemented an active trading strategy for two senior clients that “generated large commissions for himself and his firm but reduced client profits”
August 9, 2018
Industry News
Manulife, Sun Life profits rise but caution looms
Sun Life is concerned about “cautious” investors while Manulife moves forward on aggressive cost-cutting initiative
August 9, 2018
Research and Markets
TSX closes higher in broad-based advance
August 9, 2018
From the Regulators
Aequitas seeks to allow trading in foreign-listed structured products
August 9, 2018
From the Regulators
CCPs increasingly important to global financial system: report
August 9, 2018
From the Regulators
OSFI to introduce new requirements for mortgage insurers
August 9, 2018
Research and Markets
Housing starts lower in July: CMHC
August 9, 2018
Research and Markets
Global speculative-grade default rate declines in July
August 9, 2018
Industry News
GWL’s Irish Life subsidiary completes acquisition
August 9, 2018
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