Industry

Indices continue to lead: SPIVA

It was tough for active fund managers to beat the S&P/TSX Composite in 2009, according the full year Standard & Poor’s Indices Versus Active Funds Scorecard (SPIVA). Only 30.4% of Canadian Equity active funds posted returns superior to the S&P/TSX Composite Index. Canadian small- and mid-cap equity managers were better able to beat their index, […]

By Steven Lamb |February 25, 2010

2 min read

Being a woman in a man’s world

Throughout her successful career, Lori Claxton had to push herself to be better and smarter because of the gender stereotypes that pervade the industry. And even though things are much better than they once were, some clients still gravitate toward her business partner for no other reason than he is a man. Despite those snubs, […]

By John Powell |February 24, 2010

3 min read

Briefly:

Industrial Alliance Insurance and Financial Services has launched a new venture into the U.S. market, with IA American Life Insurance Company, headquartered in Scottsdale, Ariz. The Quebec-based insurer already operates south of the border with IA Pacific. “We’re excited about this opportunity to increase our presence in the U.S. and build on our recent successes […]

By Staff |February 24, 2010

2 min read

Briefly:

RBC has expanded its insurance product line, with the launch of a new universal life offering, along with a new Term 100 product and enhanced Term 10 and Term 20. The RBC Universal Life policy has preferred rates from age 40 for coverage from $250,000. Additional features include interest options that are linked to 15 […]

By Staff |February 23, 2010

3 min read