Streamlined regulations would benefit the industry and clients, writes Jim Rogers
The regulatory response to Covid-19 has improved the investor experience, writes Ian Russell
IFIC’s recent Canadian Mutual Fund Investor Survey found that investors are very satisfied with their advisors and prefer to pay their fees indirectly
If embedded commissions are banned, many clients would probably lose access to advice
Regulators’ proposals to impose a best interests standard would be “duplicative and confusing”
How will removing embedded commissions enhance the client experience? And how will a fiduciary standard work exactly?
By eliminating incentives, we’re driving down excellence by rewarding minimum expectation
The conflicts of interest in selling products with embedded commissions are enormous, as evidence shows
Banning a specific type of compensation will not magically turn abusers into non-abusers. They will just find new ways to abuse
Banning embedded fees will reduce options for smaller investors