Choice and access to financial products, services and advice will diminish if compliance costs are not reined in, says Advocis CEO
But while Canada's ETF sector is growing, there are challenges for new entrants
Former financial advisor pled guilty to fraud in June 2013
Advisors need to have a serious talk with clients about their preferred living arrangements in retirement
Watch for red flags, such as clients unexpectedly asking for a quick withdrawal of funds
Many Canadian parents remain unaware of the government grants available to them
Former FundEX salesman recommended exempt market products to clients without the knowledge or approval of his firm
Continue with regular meetings, and ensure clients remain engaged with their investments after they retire
New tool will help advisors better understand their clients' financial mindsets
Certain soft skills can come in handy when working with clients whose health is in decline