IFIC’s recent Canadian Mutual Fund Investor Survey found that investors are very satisfied with their advisors and prefer to pay their fees indirectly
Not only does adopting digital tools lead to happier clients, it also results in greater profitability and success for advisors
New government expresses concern about CSA’s proposals
The mutual fund industry trade group support’s the CSA’s proposed ban on titles that are based on sales activity
The province’s new government has come out against regulators’ proposals to ban DSCs on mutual funds, which were released for public comment Thursday
Many independent firms may restructure or retool their wealth-management operations to mitigate the negative impacts of the client-focused reforms
CSA anticipates its proposals will add costs for the industry
There are key steps advisors can take now to be ahead of the game and deliver better outcomes for clients
Lower revenue and higher compliance costs may force smaller firms out of business and impact advisor compensation
In its annual statement of priorities, regulator reinforces its commitment to CSA’s proposed reforms and bolstering banking ombudsman