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Keyword: Segregated funds

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Industry braces for technical challenges as new disclosures take effect

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New agent allegedly split commissions with ex-agent, churned those clients

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New proposed amendment addresses removal of DSCs on existing seg fund contracts

  • By: IE Staff
  • June 2, 2023 June 2, 2023
  • 13:47
Focus on Mutual Funds Special Report

Conflict of interest concerns spark regulators' review

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Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails

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The breach, which affected clients of InvestorCOM, has compromised information related to Empire Life's seg funds and mutual funds

rules and regulations

Ban should apply in provinces that have yet to announce it, regulators say

rules and regulations

Insurance regulators promised new guidance on upfront compensation structures

different opinion

Ahead of the proposed DSC ban for seg funds, a familiar refrain is in play

Couple getting financial retirement advice from consultant at home

CSA and CCIR finalize CRM3 rules, give industry until 2026 to adopt