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Editorial

  • By: IE Staff
  • October 27, 2017 January 16, 2018
  • 00:30
FAIR Canada not in favour of regulators’ stance on best interest standard

A new course defines procedural frameworks for advisors “based on fiduciary best practices”

Editorial

  • By: IE Staff
  • August 24, 2017 January 16, 2018
  • 23:30

Overwhelming backing for “best interest” standard

Canadian insurance regulators focus on three key priorities

The regulator’s final statement of priorities, published on Thursday, also includes a commitment to deal with embedded commissions

Although the province already has such a standard on financial planners, it’s now expanding the rule to include broker-dealers, sales reps and advisors

No unanimity in global regulatory reform, IFIC report finds

Although some countries have banned embedded commissions or adopted a best interest standard, most have just sought to enhance disclosure

Dispute over BIS may threaten creation of national regulator

Adoption of big regulatory changes must avoid unintentional harm

Andrew Kriegler also pointed out during a discussion that the words “best interest” are already an integral component of IIROC’s rules

CIFPs 2017: Best interest standard must have two tiers

Keith Costello, president and CEO, Canadian Institute of Financial Planners, explains why a one-size-fits-all best interest standard won’t work.