The ICBC, AMF and ICS are considering key changes to supervisory and oversight rules, CE requirements, use of titles and licensing
Fees are reduced by 20 basis points on seven balanced funds
The association expresses support for FSCO’s goals of treating consumers of insurance fairly and enabling innovation through fintech
As new research shows robo-advisors are gaining traction among clients, advisors should find ways to use these tools as well as provide the unique services that set them apart
Regulation is one factor driving the consolidation trend
While most advisors spend their careers helping their clients accumulate assets, Ian Moyer focuses on helping older clients convert their retirement savings into income. "A lot of people are taking money out of their plans," he says. "It's a huge market"
In part, this was because the insurance regulator focused its compliance examinations in the latest year on agents with a high or medium risk of non-compliance
Regulators must take their role of ensuring an efficient and competitive marketplace more seriously, according to the head of the IFB
BMO Insurance Whole Life Plan offers a death benefit that grows over time through an annual performance bonus
New process will no longer require medical tests for certain applicants and allow advisors to confirm policy approval for almost half of their clients instantly at the point of sale