Individual wealth management had net outflows of $427 million
Vericity includes insurance carrier Fidelity Life and direct-to-consumer agency eFinancial
Rising interest rates led to drops in net income for Great-West Lifeco and Sun Life
Advisors should be as thorough as possible when going through insurance applications with a client
The US$4.3-billion deal is expected to close in the first half of 2024
Both companies said there was no guarantee that an agreement will be reached
Tim Johal of Mackenzie investments says Canadian banks are better risk managers, more profitable, more predictable and less volatile
Disclosure requirements and the DSC ban shouldn’t worry advisors who have a professional approach to their business, advisors say
One in 10 Canadians, many lacking employer-sponsored disability coverage, work in the gig economy
Canada Life product addresses insurance-trafficking concerns that have previously dogged donations of life insurance