Most fund investors start-out with less than $25,000 when they first seek advice
Advisors get free access to complete universe of the new mutual fund disclosure documents
Existing protections should not be removed until the new document has been improved to ensure investors have the information they need
The new investment fund product advisory committee will inform the OSC’s development of policy and its operational work
Separate fund facts documents must be filed for each fund class or series
Simplified documents must be online and available to clients
Rebranded Portfolio Management Association of Canada calls on governments to synchronize their efforts
Changeover date moved to Jan. 1, 2012
Solid majority of fund investors confident that their finances will allow them to live the life they plan in retirement
Fund companies will be required to produce document effective Jan. 1