Once considered the last resort of consumers with shaky credit, mortgage brokers have become the go-to resource for many first-time homebuyers over the past decade. With mortgages mushrooming in size and complexity, many borrowers have discovered that a mortgage broker can help them stickhandle their way through one of the most stressful financial transactions they […]
New products roll critical illness, disability insurance and life insurance into one package
Many say oversight of agencies would result in more uniformity across the channel and prevent advisor fraud
The registered health underwriter designation is getting a makeover. As of Sept. 1, Toronto-based Advocis will launch a revamped version of the RHU known as the certified health insurance specialist (CHS) designation. Over the course of two four-month terms, the RHU self-study program had covered the marketing, pricing and design elements behind health insurance products […]
Banks and credit unions are putting serious efforts toward promoting diversity in the workplace
Although advisors are receiving greater pay, they say non-monetary recognition is equally important in a compensation package (includes chart)
As the population ages, a growing number of Canadians will require some form of long-term care insurance. Yet, despite what should be a strong demand, sales of LTC are lagging
Advisors were most satisfied with the firms that provide solid desktop and mobile technology
Although the review of the regulation of managing general agencies by the Canadian Council of Insurance Regulators is still ongoing, the insurance industry is making it clear that it is dead set against the implementation of any restrictions on an advisor’s ability to transact with MGAs.In a paper published in Feb-ruary, the CCIR had dedicated […]