Industry

Coast Capital asks why people love bank fees

Coast Capital Savings doesn’t understand why so many British Columbians are still paying bank fees, and is running a humorous, though pointed campaign to remind consumers they don’t have to. Lawrie Ferguson, senior vice-president of marketing for the Surrey, B.C.-based credit union, said with people counting their pennies, it was a good time to ramp […]

By Eve Lazarus |March 5, 2009

2 min read

Briefly: “Boomers research online, trade little” and more news

While their grandchildren may be growing up online, boomers are becoming increasingly comfortable with the Internet as well, according to a survey by Yahoo! Canada and Leger Marketing. Canadian boomers have embraced the Internet in many ways, including social networking and reading the news, but they are especially keen on managing their finances online. The […]

By Staff |March 5, 2009

1 min read

Fewer features, higher fees future for GMWBs: Manulife

While guaranteed minimum withdrawal benefit funds have been a huge hit in the Canadian marketplace, at least one company isn’t looking to gain shelf space anytime soon. “We’re not excited about gaining market share until the product is more compatible with where we’re headed,” Manulife senior executive vice-present and chief financial officer Peter Rubenovitch told […]

By Scot Blythe |March 4, 2009

3 min read

Fidelity’s Team Canada moves to Canada

Fidelity Investments Canada announced Wednesday that Team Canada, its well-regarded 25-member Canadian equities research and portfolio management group, will be relocating to Canada from its current Boston headquarters. However, it does so without long-time leader, Bob Haber. Fidelity’s Team Canada is an anomaly; its leadership was not located in Canada. Nevertheless, the team has a […]

By Mark Noble |March 4, 2009

4 min read