The self-regulatory organization expects firms to rebate the portion of a mutual fund’s trailing commission that is related to advice
The action against TD Asset Management claims damages of $200 million
Regulator pledges to publish rule proposals for the introduction of a best interest standard in the coming year
The investment industry wants regulators to make a decision on embedded commissions once and for all
After a year of intense debate over a ban on embedded commissions, all eyes are on the CSA
If embedded commissions are banned, many clients would probably lose access to advice
Speakers at Advocis symposium represent a variety of perspectives and opinions
Banning commissions could reduce access to financial advice while proposed tax changes could have a severe impact on business owners, Joe Oliver argues
Average costs for Canadian advised investors remain comparable to those of U.S. investors, study finds
Paul Bourque, president and CEO, Investment Funds Institute of Canada, explains why increased disclosure and transparency would be better for mutual fund investors than the proposed ban on embedded commissions. He spoke from the IFIC annual leadership conference in Toronto.