Sterling Mutuals bolsters its sales force
Deal follows Foresters’s acquisition of Unity Life of Canada
- By: Regan Ray
- June 3, 2008 June 3, 2008
- 09:22
Deal follows Foresters’s acquisition of Unity Life of Canada
Economies have been built on the availability of cheap credit
Despite falling from a peak established in 2006, private-equity transactions remain on solid footing
Although the size of the overall market has more than doubled in the past year, Canada is nowhere to be seen thus far
The firm is readying to launch a new guaranteed minimum withdrawal benefit product — and it’s setting lofty targets
The niche fund company is aiming to become more mainstream
Employees of Assiniboine Credit Union show strong support for fair trade practices
But market losses, unsuitable investments and a bankruptcy within a portfolio can’t be addressed through these funds
But Ontario is taking the approach of balancing the industry’s and consumers’ needs
Five years in the making, deal to merge IDA and RS needs only provincial approval
Corporate-class funds to be distributed by firm’s European subsidiary
The deal reflects a general trend toward consolidation among smaller MGAs
Product suitability issues are on top of clients’ minds
Despite pronounced objections to the deal in its early days, the deal is to be finalized without a hitch
Once a promising concert pianist, Monique Leroux aims to build presence across Canada
Gaps and weaknesses in regulation and supervision have contributed to the crisis in credit markets
Outsourcing and offshoring are seen to be crucial in keeping up with global competition
> Financial Stability ForumTransparency: Encourage firms to boost risk disclosures. Regulatory cooperation: The FSF and IMF will intensify their cooperation on financial stability.> Basel Committee…
The U.S. government’s bailout of the investment bank introduces a new take on the notion of “too big to fail”
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Transamerica Life says it’s in better position now
New committee will seek input on issues of importance to clients
While Ontario moves toward allowing more certifications against banks and others, Quebec is pulling back
AIM Funds Management’s idea would create more opportunities for more industry players, it says
Despite the intriguing opportunities in the U.S., many will think twice — given current market conditions