Credit unions across the country are looking to boost lacklustre membership growth rates and are specifically targeting younger Canadians, new immigrants and those communities underserved by the banks.“We need to make sure people understand that we are a viable alternative to banks,” says Howard Bogach, president and CEO of Credit Union Central of Ontario. “The […]
B.C. credit unions to move ahead with independent strategies
High producers are the happiest with their compensation, but the increased costs of doing business garner gripes
Royal Bank advisors give in-house funds a thumbs-up; CIBC, credit unions get mixed reviews
Advisors who feel a strong pull to their Christian faith now have the opportunity to acquire a designation that tells clients they have the education and the spiritual commitment to offer financial advice backed by core biblical teaching.Advisors with Purpose, a three-year-old Ottawa-based national organization for Christian financial advisors, has launched its new Christian financial […]
Pushing for bank mergers and the ability to sell insurance likely top Hughes Anthony’s to-do list
Faithlife financial, a 35-year-old Waterloo, Ont.-based fraternal benefit society that provides insurance and investments to 30,000 Christian member-owners across Canada, is looking to expand its advisory force to 150 from 60 advisors within the next couple of years, says Dieter Kays, FaithLife’s president and CEO.“We need to find advisors who not only have the expertise […]
National Bank, CIBC shares decline following Q2 results that fell short of analysts’ expectations
Advisors complain about not knowing their new management’s expectations, as well as the previous regime’s failure to deliver