Tech helps preserve product choice
The satisfaction of insurance advisors hinges largely on respect for their independence
CWB and Meridian will continue to offer outside products
The advocacy group calls for action to preserve competition and protect investors
Revised KYP and product due diligence guidance accompany the rule changes
Reducing product offerings for the sake of KYP is unlikely to serve the investor’s best interest
New regulations will amplify investment dealers’ roles as product gatekeepers
Advisors may have to consider 1 million data points per day when the CFRs come into force