Industry

New policy blends CI, DI, life

Manulife today announced its new Synergy insurance product, which combines life insurance, critical illness insurance and disability insurance in one package—with one application, one payment and one plan to manage. “For many of us, the combined risk of disability, illness or death before age 65 is significant and the financial impact can be devastating,” said […]

By Staff |June 23, 2011

2 min read

Sandwiched boomers must work longer

Caught in the financial crunch of caring for children and parents, many baby boomers could be struggling to find a balance between dreams and duty when they retire.

By Staff |June 23, 2011

2 min read

CIBC Mellon shakes up exec suite

CIBC Mellon has named Rob Ferguson as head of global securities lending, giving him sole responsibility for leading the firm’s capital markets team. Ferguson steps into the role following the appointment of Robert Chiuch as managing director, US equity and corporate securities finance at CIBC Mellon’s parent company BNY Mellon. Meanwhile Phil Zywot has been […]

By Staff |June 23, 2011

1 min read

CSA seeks comment on OTC Derivatives reporting

The Canadian Securities Administrators (CSA) is calling for comments on its Consultation Paper 91-402 – Derivatives: Trade Repositories, which it published today. Under the CSA’s proposed regulatory framework, all OTC derivative transactions entered into by a Canadian counterparty would be required to be reported to an approved trade repository. This data would be available to […]

By Staff |June 23, 2011

2 min read