Explain why some mutual funds, such as emerging markets, funds incur higher expenses than others
And less than half of Canadian investors say their advisor is trustworthy and honest
Management fees and trailing commissions to fall
The shift to investments with lower fees is being driven by concerns about costs in this low-return environment and the regulatory climate, report finds
The report sets out examples of good practice in disclosure, compensation, transaction costs and commissions
The portfolios offer tiered pricing and benefits for household accounts; are continually monitored and regularly rebalanced; and offer non-proprietary funds
Fund industry group says CSA should wait until effects of existing reforms are known
The firm also announced a change in portfolio subadvisor and changes to its risk rating for five funds
FeeX aims to help investors save on advisory fees
Advisor reaction to proposed commission changes was not positive