Investors may increasingly seek out advisors that are required by law to put their clients’ interests first
Discussion paper will summarize the fiduciary duty debate at home and abroad and identify the key issues involved
Wealth manager partners with Fi360 Canada to offer Accredited Investment Fiduciary Professional designation training
Current regulations insufficient to protect investors
IAP calls for creation of a statutory fiduciary duty for advisors
Better disclosure a fundamental building block of a single standard of care
Current fragmented standards fail to protect investors
Investors should be protected whether they work with and advisor or broker-dealer
Key recommendations include increased fee transparency, mandating fiduciary duty
The central question: Who is a genuinely qualified financial planner?