The Canada Revenue Agency recently decided to defer application of the “advantage rules” by one year
The model disclosure is designed to help investors better understand and compare brokers’ account and service fees
The impact of fees on investor returns varies across jurisdictions, asset classes and client types
Investors with a “complete understanding of fees” are considerably more likely to recommend their firm, J.D. Power survey finds
The introduction of these fees would “achieve a fair and reasonable result for each fund”
Ethics and disclosure are key to whatever compensation model financial planners and financial advisors employ
The regulator’s final statement of priorities, published on Thursday, also includes a commitment to deal with embedded commissions
New Greenwich Associates report finds that RBC Capital Markets continues to be the industry leader in market share
Review of compensation-related conflicts reveals that disclosure alone is not sufficient
New CARP survey finds that 89% of Canadians over the age of 55 are in favour of a best interest standard while 79% are opposed to embedded fees