With many financial products not subject to CRM2, some experts say the new rules may be extended
The Department of Finance Canada has proposed revisions to the tax rules that limit how much clients can hold in the cash portion of their policies without paying taxes. Many universal life policies will have their accumulation room reduced
Ontario regulator says advisors may be on the wrong side of the rules
The code emphasizes that insurers will not require an applicant to undergo a genetic test
As insurance advisors face increasingly rigorous regulatory requirements, keeping accurate client files has become crucial in demonstrating your compliance should a client complain
The next step is to establish data feeds that provide standardized information on in-force insurance policie
The insurance industry is working to counter the public's impression, growing through social media, that insurance claims are denied routinely
Simplified life insurance offerings designed for younger Canadians
The acquisition of Standard Life’s Canadian operations is good for the company, but is it positive for advisors?