Earnings per share were $2.46, up from $1.71 a year earlier
Some advisors reported challenges when MGAs were intermediaries and required to coordinate with large insurers
Some areas, such as tax and estate planning, showed room for improvement
European regulators worry about oversight weaknesses
Plus, Women in Capital Markets names new chief executive
While the 2024 outlook is stable, the rating agency warned about impairments from private credit and real estate investments
Deferred annuities were first introduced in 2019 federal budget
High rates and demand led the firm to re-enter the market five years after exiting
Firm is the latest to trim staff as economic uncertainty weighs
In Canada, wealth and asset management saw a 14% increase in profitability from a year earlier