The debut of cheaper funds is driving investors' costs down, research finds
Plus, firms announce fund fee reductions, sub-advisor changes and more
Plus, a slew of product launches, mergers and more
Plus, other firms launch new products, tweak their fund lineups
Clients will receive enhanced fee disclosures beginning in 2027, as part of CRM3 — advisors should explain the changes in advance
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Review documents failings in meeting KYC, KYP, suitability requirements
Plus, other new products from BMO, Purpose, CIBC, Desjardins, along with some fee cuts
The move comes ahead of the implementation of CRM3 or total cost reporting
Pair stole millions from clients, including vulnerable investors