Industry

Briefly: “RBC executive named SIFMA chair” and more news

John Taft, CEO of RBC Wealth Management (U.S.), has been named 2011 chair of the Securities Industry and Financial Markets Association (SIFMA), a securities industry trade group representing securities firms, banks and asset management companies in the U.S. Taft’s appointment follows his role as 2010 chair-elect of SIFMA. During his tenure as SIFMA chair, Taft […]

By Staff |November 10, 2010

3 min read

Canadians expect later retirement

Canadians are coming to grips with the notion that their original retirement plan might not work out as they expected, according to a survey by AXA. The 2010 edition of the Retirement Scope survey found an increasing number of Canadians now believe they will have to work later into life than they had planned. On […]

By Steven Lamb |November 9, 2010

2 min read

Women need to take charge: TD

Canadian women need to step up and take charge of their finances if they want to feel secure, according to one prominent woman in the financial services industry. Only half of Canadian women are satisfied with their investments, while the remaining 49% are concerned or frequently worried, according to the 10th annual TD Waterhouse Female […]

By Steven Lamb |November 9, 2010

2 min read

TFSA confusion lingers

Nearly two years after it was first made available, the tax free savings account (TFSA) continues to confuse many Canadians, according to a survey conducted for the Bank of Montreal. Only 20% of respondents knew that mutual funds could be held within a TFSA, while just 26% were aware they could hold a GIC in […]

By Steven Lamb |November 9, 2010

2 min read