Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
The breach, which affected clients of InvestorCOM, has compromised information related to Empire Life's seg funds and mutual funds
Ban should apply in provinces that have yet to announce it, regulators say
Regulators are drafting new guidance that may lead to revised life insurance licence requirements
The life licence course includes material on compliance and regulation, but some advisors may not be required to update their training
InvestorCOM, a vendor of Mackenzie Investments, had data exposed when hackers targeted a secure file transfer service
Advisors should “show a less rosy picture” than the DSIR
One in 10 Canadians, many lacking employer-sponsored disability coverage, work in the gig economy
Final rules for a ban beginning June 1 were sent to the finance minister for approval
New ETFs give exposure to short-term treasuries, Big 6 Canadian banks, and the hospitality and travel industry