Founded in 1981, Winnipeg company now employs 12,000
HNW immigrants are looking for tax and estate planning services
“If we don’t change, we’re going to become obsolete”
The OmbudService for Life and Health Insurance has revamped its website with a new suite of online tools
However, barriers to entry remain, and increase in data about policyholders will raise privacy concerns
DBRS considers the exposures of Canadian life insurers to the oil and gas sector to be manageable from a credit perspective
With clients and their expectations evolving, the insurance industry and advisors have to adjust to the new reality by re-examining long-standing traditions
Low interest rates and losses in the energy sector are putting downward pressure on the shares of large lifecos. These solid companies could offer investing opportunities
Proposals aim to make the advice channel more consumer-friendly
These firms should find new ways of serving the mass affluent, such as adding robo-advisor services and focus on attracting younger advisors to the industry