Protecting Investors

Neil Gross

Neil Gross is president of Component Strategies Consulting. He was formerly the executive director of the Canadian Foundation for Advancement of Investor Rights (a.k.a. FAIR Canada). During his 30 years as a lawyer, he specialized in investment malpractice litigation and securities law.

Those still timorous and uncertain about introducing a best interest duty have a duty, themselves, to become decisive

  • October 31, 2016 March 21, 2018
  • 05:00

Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled

  • October 3, 2016 January 17, 2018
  • 05:00

Overcautious courts are erecting barriers to securities class actions, even though these lawsuits are essential for maintaining the integrity and fairness of our capital markets

  • September 6, 2016 December 15, 2017
  • 09:00

Data show that investors routinely receive, or are at risk of receiving, seriously bad disclosure from reporting issuers more than a quarter of the time

  • August 8, 2016 December 15, 2017
  • 06:30

The trickle of interest in the U.S. has prompted some lawmakers there to conclude that the design of the exemption must have been bungled

  • July 11, 2016 December 15, 2017
  • 05:00

A new independent report makes it clear that binding decisions are needed for full and fair compensation

  • June 13, 2016 December 15, 2017
  • 05:00

It’s time for advisors who want to be true professionals to make their voices heard in support of some real reforms

  • May 16, 2016 December 15, 2017
  • 05:00

Reciprocal enforcement of disciplinary orders is a practical way to reduce problems caused by regulatory fragmentation, but it needs to be comprehensive and automatic

  • April 18, 2016 December 15, 2017
  • 05:00

Deterrence is the key ingredient, but it won’t be achieved through fines and public education

  • March 21, 2016 December 15, 2017
  • 05:00

As regulators enter the final stage of deciding the fate of trailing commissions, they rightly insist on real evidence-based analysis

  • February 22, 2016 December 15, 2017
  • 06:00

More columnists

Investment Funds

Paul Bourque

Regulation of financial planners presents a great opportunity

A co-ordinated approach that doesn’t duplicate existing regulatory oversight will address an important regulatory gap in investor protection

  • May 17, 2018 May 14, 2018
  • 07:00

Enhanced disclosure is working

Recent research reveals there are more informed investors who ask questions and are more engaged in their investment decisions

  • March 14, 2018 March 22, 2018
  • 14:00
Advisor at Risk

Ellen Bessner

How to reduce your business risk substantially

Advisors need to educate themselves about the laws and regulations and monitor themselves to ensure they’re compliant with these rules

  • May 14, 2018 May 7, 2018
  • 06:00

Regulators need improvement

Given the results of the 2018 Regulators’ Report Card, implementing a better approach may lead to a better outcome next year

  • April 16, 2018 April 18, 2018
  • 07:20

You acquired a book of business. What now?

Here are four steps to reduce the inherent risks when taking over another advisor’s business

  • March 15, 2018 March 21, 2018
  • 01:00

Legal help is critical in regulatory interview process

Lawyers may cost money, but they can help you be prepared to protect your licence, livelihood and reputation when speaking with regulators

  • February 16, 2018 February 16, 2018
  • 16:50
Tax Matters

Jamie Golombek

Foreign income tax tips and traps

Clients need to be aware of how the CRA’s treatment of income infrom foreign securities affects their investments

  • May 7, 2018 May 2, 2018
  • 06:00

Act now to avoid losing out on the small business deduction in 2019

It’s important to be aware that the new rule limiting access to the small business deduction for CCPCs in 2019 is based on 2018 income

  • April 9, 2018 April 2, 2018
  • 06:00

Making sense of the new passive income rules

Budget 2018 revealed the government’s new approach to passive income in a CCPC; let’s crunch some numbers

  • March 11, 2018 March 21, 2018
  • 10:33

RRSPs remain the best choice for most clients

Although clients may be upset at having to pay taxes on their RRSP and RRIF withdrawals, RRSPs are the optimal, long-term savings vehicle for most…

  • February 9, 2018 February 9, 2018
  • 13:59
Technology

David Reeve

Crossing the digital bridge

The emerging trend of “open banking” has the potential to be the most important catalyst for change in our industry

  • April 30, 2018 April 27, 2018
  • 06:00

Why human intelligence is more important than ever

Despite growing fear of the growing use of AI, evidence suggests it will serve as an aid to human interactions rather than replace these relationships

  • March 2, 2018 April 13, 2018
  • 14:45
Focus on Financial Planning

Keith Costello

Market trends will have a greater influence than new regulatory standards

Financial planners and financial advisors need to understand the market trends affecting financial planning and the evolution of advice

  • April 23, 2018 April 20, 2018
  • 06:00

Cultural diversity is an opportunity

Financial planners and financial advisors who embrace a cultural diversity strategy will realize growth in their practices

  • February 23, 2018 March 21, 2018
  • 14:30

Investor behaviour biases are still paramount

Financial planners and financial advisors need to understand the behavioural finance categories that their clients fit into

  • January 8, 2018 January 25, 2018
  • 06:00

Changes in public policy pose great risk for retirement planning

Financial planners and advisors need to factor in volatile government policy, such as changes to tax policy, when helping clients plan for retirement

  • November 6, 2017 November 6, 2017
  • 06:30
Industry Perspectives

Ian Russell

Investors have greater need for financial advice

Recent developments reveal that having a trusted financial advisor is critically important for those seeking wealth-management providers

  • April 19, 2018 April 19, 2018
  • 06:00

Technology offers significant opportunities

Electronic wealth-management platforms could improve the prospects of small and mid-sized investment dealers

  • February 14, 2018 March 21, 2018
  • 13:55

Renovating the rulebook must be a top priority for regulators

More attention needs to be paid to enhancing market efficiency by lowering costs and lightening the regulatory burden for registrants

  • December 14, 2017 January 21, 2018
  • 06:00

Regulators must avoid unintended consequences

As a new survey reveals that investors have trust their advisors, proper steps need to be taken to ensure advisors are allowed to thrive

  • October 19, 2017 January 17, 2018
  • 06:00
Focus on Financial Planning

Cary List

Research is critical to the financial planning profession

Canada has a key role to play in developing research that helps financial planners serve clients’ increasingly complex needs

  • April 2, 2018 March 29, 2018
  • 06:00

Professional advice in greater need than ever

Financial planners and advisors have the skills to provide real discipline to help clients stay true to their principles in times when panic sets in

  • February 2, 2018 March 21, 2018
  • 15:31

Shaping the future of financial planning

The global Financial Planning Standards Board is focused on helping financial planners adapt to changing market dynamics and technology

  • December 3, 2017 January 17, 2018
  • 13:00

Financial planners play key role in improving financial literacy

Financial planners must be able to communicate in a manner that clients can understand, absorb and convert advice into appropriate action

  • October 9, 2017 October 9, 2017
  • 18:30
Responsible Investing

Dustyn Lanz

Cybersecurity is a growing issue for responsible investors

Cybersecurity has emerged as a major governance risk for companies and shareholders

  • March 26, 2018 March 22, 2018
  • 06:00

Making sense of the debate on fossil fuel divestment

We need to allocate capital to sustainability leaders across many sectors and invest in companies supporting the transition to a low-carbon economy

  • January 26, 2018 March 21, 2018
  • 14:15

Responsible investors have burning questions about cannabis

Determining whether marijuana is a responsible investment depends on several fundamental factors that should be discussed with an investment professional versed in ESG analysis

  • November 26, 2017 January 21, 2018
  • 18:00

Talking about responsible investing pays off

The majority of investors who care about whether their money is helping or hurting society find it valuable when their advisors focus on responsible investing

  • October 1, 2017 October 1, 2017
  • 17:15

Technology will drive harmonization, regulators say

The insurance industry is taking a page from the mutual fund industry, leveraging technology to address mounting disclosure regulations

  • January 2, 2018 March 21, 2018
  • 10:30

AI is not just another fad

AI is slowly making its way into the wealth-management industry and will ultimately transform financial advisors’ role

  • October 29, 2017 October 29, 2017
  • 13:00

Is financial services the next music industry?

Blockchain technology may transform financial services just as peer-to-peer file-sharing technology changed the music industry almost 20 years ago

  • September 4, 2017 December 15, 2017
  • 17:00

Clients want humans, not robots

Far from replacing interaction with real people, technology strengthens the financial advisor’s client service

  • July 10, 2017 December 15, 2017
  • 05:00
Cybersecurity

Yan Huard

Managing the risks related to social media

Read and follow your firm’s guidelines on social media use and take the necessary steps to protect yourself

  • September 20, 2017 March 21, 2018
  • 16:20

Why security professionals fell short on ransomware attacks

Although it’s costly to upgrade key IT systems, the costs of not doing so could be much greater

  • July 27, 2017 December 15, 2017
  • 05:00

Cyberthreats extend beyond money

Hacktivism, ideological insiders and intelligence gathering are key sources of cyberattacks threating financial services firms

  • May 25, 2017 December 15, 2017
  • 09:30

Cloud computing: Bringing light to security issues

Now is the time to adopt a concerted cloud migration strategy because the security challenges associated with this technology will be on our radar screens…

  • March 23, 2017 December 15, 2017
  • 06:00
Responsible Investing

Deb Abbey

The need for sustainable business supply chains is growing

Advisors and their clients stand to benefit when corporate leaders focus on building socially and environmentally responsible enterprises

  • February 21, 2017 March 21, 2018
  • 06:00

Opportunity knocks for investors who want to make an impact

A growing base of investors are looking for investments that contribute measurably to environmental and social sustainability

  • October 20, 2016 December 15, 2017
  • 05:00

Diversity makes dollars and sense

Corporate boards and executive teams that lack gender and cultural diversity risk missing out on opportunities to generate long-term value

  • August 18, 2016 December 15, 2017
  • 05:00

Good corporate governance matters

You can play an active role in ensuring company executives and directors are working in the best interests of their shareholders

  • June 16, 2016 December 15, 2017
  • 05:00
Protecting Investors

Neil Gross

Be bold, regulators

Those still timorous and uncertain about introducing a best interest duty have a duty, themselves, to become decisive

  • October 31, 2016 March 21, 2018
  • 05:00

Non-GAAP metrics: investors’ little helpers or harmful nonsense?

Every company can calculate non-GAAP metrics however they want, so there’s real risk of investors and markets being misled

  • October 3, 2016 January 17, 2018
  • 05:00

Class dismissed

Overcautious courts are erecting barriers to securities class actions, even though these lawsuits are essential for maintaining the integrity and fairness of our capital markets

  • September 6, 2016 December 15, 2017
  • 09:00

Why is deficient issuer disclosure allowed to persist?

Data show that investors routinely receive, or are at risk of receiving, seriously bad disclosure from reporting issuers more than a quarter of the time

  • August 8, 2016 December 15, 2017
  • 06:30
Protecting Investors

Ermanno Pascutto

The CSA must act on critical reforms

Two key issues — the best-interests standard and reform of mutual fund fees — require timely and effective action

  • March 2, 2014 March 21, 2018
  • 16:31

Treat shareholders fairly when venture issuers raise capital

FAIR Canada supports exemptions that have the key features of rights offerings or private placements in compliance with the TSXV’s private placement rules

  • February 3, 2014 December 15, 2017
  • 06:15

Reform of accredited investor exemption is needed

Current regulations assume that an investor’s wealth is a proxy for sophistication. This has to change

  • January 6, 2014 December 15, 2017
  • 06:30

Canadians deserve real price competition in mutual funds

Paying fees for financial advice separately from those of financial products would result in price competition and better advice

  • November 25, 2013 January 17, 2018
  • 06:00