The logic of consolidating MGAs is that greater numbers of advisors working under larger MGAs mean greater economies of scale
The CRA’s “reasonable expectation of profit” rule allows taxpayers to write off interest on loans used to generate business income
As discount brokerage business grew dramatically over the past decade, the full-service side has held its ground
Fraternal benefit society’s purchase of Unity Life of Canada will increase the former’s sales capabilities tenfold
Fund manager holds on to hammered holdings after markets “overreaction” to subprime debacle
Efficient advisors have bigger books that generate more revenue
Here are the 10 privacy principles outlined in the federal Personal Information Protection & Electronic Documents Act:> ACCOUNTABILITY. An organization is responsible for personal information under its control, and must make someone accountable for compliance with the following principles.> IDENTITY PURPOSES. Identify the need for personal information before collecting it. > CONSENT. Obtain permission from […]
When Dawn Hawley bought her life insurance policies, she faced a common anxiety: that upon her death, one of her beneficiaries might squander the cash that was meant to help him over many years. In her heart of hearts, she knew that her spendthrift son, now 20 years old, wouldn’t be able to handle an […]
Advisors can be vulnerable to complaints of breach of privacy because of the depth of information they collect about clients
Behind-the-scenes administration and support are crippled by outdated technology at many firms