A growing list of compliance responsibilities - including advisor oversight - and a trend toward acquisition by larger firms presents challenges for independent insurance distributors
The proposed fund would offer investors exposure to small-cap companies involved in cultivation, production and distribution
Under the new provision, the insurer will donate an additional 1% of the basic insurance amount to a registered charity designated by the policyowner when a claim is paid
The capital will allow the startup to grow its sales and marketing teams, expand into the U.S. market, and expand its product offerings
Changes to CI Insurance come at a time when sales have stalled
The firm admitted that it failed to adequately supervise leveraged accounts and concentration risk
New name of relaunched CLU could create confusion with IAFP, ruling states
Jim Boyle previously served as head of John Hancock Financial
Kevin Dougherty moves to a new position focused on innovation while Jacques Goulet joins as president of Sun Life Financial Canada and Jordy Chilcott is appointed head of investment distribution at SLGI
The proposals would bring seg fund disclosure more closely in line with the information clients receive about mutual funds, but with some key differences