The portfolios invest in mutual funds and ETFs
The fund industry employs as many people as the country's gas stations, report says
Measures include rules on annuities, tax changes affecting funds
Nelson Arruda takes on portfolio management responsibilities from Alain Bergeron
The group has been critiqued on its approach to investment fund regulation
The firm is also lowering fees for a number of funds
New committee to provide input on technical compliance challenges
Changes took effect on May 3
Guidelines aim to help planners make long-term projections
Lending proceeds will fund job creation, infrastructure and other initiatives