Fund companies will be required to produce document effective Jan. 1
Advisors must be able to clearly define their value proposition
Maybe what’s really important is the cost of funds vs investors’ actual returns
International equity limits revised; new synthetic Canadian money market category added
MERs expected to drop for most series by end of 2010
FAIR Canada disappointed with ‘glacial pace’ of POS disclosure implementation
New rule would require dealers to advise clients of direct transaction fees and charges upfront
‘Fund Facts’ requirements to be published in December
Customized approach using mutual funds more effective than the “one-size fits all” approach of DB plans, industry group says
Regulator want to be sure protections keep up with the increasing complexity of these instruments