IIAC award winner to be named in October
The industry trade association suggests that group RRSPs should be put on a level playing field with DC pensions and PRPPs
All those being honoured at a gala dinner in Toronto have “built and led innovative businesses that continue to play a key role,” says Ian Russell
IIAC’s priorities for the year include countering this major regulatory initiative, as well as the issues facing small and mid-sized dealers, rule harmonization and parallel registration
Christiane Bergevin, Dr. Milton McClaren and Joe Oliver will decide this year’s winner; nominations are being accepted until May 31
Russell, who is the only Canadian to serve as chairman of the International Council of Securities Association, will serve a third year in the role after his re-appointment
The shift of client assets to competing firms will become more frequent as the costs of investing become more transparent
Rising regulatory costs are the main reason for the increase in operating expenses at retail firms
However, Canada’s securities dealers are firmly in favour of IIROC proposal to allow them to hire mutual fund-only reps
The 2016 inductees will be chosen based on their impact on the investment industry as well as their leadership, ethics and social responsibility