Latest news in News

Scotiabank beefs up

Acquisition helps Scotiabank expand in the institutional space

A united voice

PCMA/NEMA merger will streamline both groups’ operations

Financial business chart and economic development

The risks in betting on volatility

A sudden surge in the VIX in early February led to the termination of certain exchange-traded products — and a harsh lesson for many investors

BCSC grapples with fintech regulation

New consultation paper contemplates the inevitability of increasing automation in the financial advisory business

Businessman making presentation with his colleagues and business strategy digital layer effect at the office as concept

Clients care little about funds’ brands

Research found that advisors are far more likely to choose proprietary investment funds for their clients

Sell-off marks end of bond bull market

Meagre returns in government debt are driving investors into equities, but bonds still serve a key purpose for some clients

Finding common ground on elder abuse

IFIC, FAIR Canada and the CCEL favour empowering firms and advisors to stop suspected financial abuse

Judge gavel, scales of justice and law books in court

Court case reveals risks in gifting assets

Setting up a trust or buying an insurance policy could offer protection for clients' families without putting assets at risk

Newsmaker: An advocate for change

The new head of Women in Capital Markets is well positioned to promote greater equality within the industry

Business woman showing stock market financial situation

MFDA ramps up enforcement of sales rule

Violations of the rule involve certain incentives programs

Business chart with glowing arrows and world map

Volatility returns

Investors may reconsider the risks they take on within their RRSPs

Business man with calculator

Advisors protest

New disclosure rules from CLHIA draw complaints

The Center Block and the Peace Tower in Parliament Hill

Feds urged to act on retirement savings

There are many recommendations for this year's federal budget, but changes to registered plans are front and centre

Debate on governance proposal

Some groups are against the CSA's proposed easing of rules for determining corporate directors' independence

Portrait of Robert Dumas

Dumas heads Quebec’s Top 25

The resident of Sun Life Financial Inc.’s Quebec division, has been named 2017 Financial Personality of the Year

Table

The right balance was key for seg funds

Some firms with smaller seg fund families - especially RBC, Sun Life and Co-operators - outperformed in 2017

Businessman calculating and checking articles of agreemen

Fee cutting accelerates

Recent reductions by major mutual fund firms range from 5 bps to 55 bps

Office buildings in Toronto’s financial district

A major transition

Many MFDA-licensed advisors are taking another look at IIROC

SROs focus on key issues

Are firms shifting clients into lower-cost funds as appropriate?

Explaining RRSPs and TFSAs is key

Canadians who work with an advisor are much more likely to take advantage of tax-registered plans such as RRSPs and TFSAs

Stock-pickers had a hit-or-miss 2017

Several key factors affected the relative returns of some mutual fund families

businessman with binoculars

Outlook 2018: Bright year ahead for industry

But economic issues and sector-specific challenges remain

Newsmaker: A commitment to the profession

Jim Virtue wants financial advice to be a profession and for Advocis to be at the heart of that profession

Jury’s out on bitcoin

Investors and advisors should go “beyond the headlines and the hype”

Seg funds targeted

New disclosure for seg funds to be aligned with mutual funds’ rules?