News and resources for Canada's top financial advisors
Industry
The Canadian mutual fund industry posted relatively solid sales in July, according to data from IFIC, ringing up net new sales of $854 million. Add to that $615 million in reinvested distributions, and total net sales reached $1.5 billion. In terms of net new cash, July was the best month since March. However, Rudy Luukko, […]
By Steven Lamb |August 15, 2006
3 min read
By now most advisors have heard horror stories of people not planning for retirement, but how scary is it? Actually, it’s downright terrifying. According to a recent study by Forrester Research, four out of every 10 baby boomers in the U.S. between the ages of 41 and 50 have not started any financial planning for […]
By Mark Brown |August 15, 2006
(August 14, 2006) Seneca College has officially launched its training centre for financial advisors, teaming up with several insurance and mutual fund companies. Like the general population, the advisory industry is graying, but the number of young people entering the profession has been lagging, especially on the insurance side. “Demand from the insurance and mutual […]
By Staff |August 14, 2006
2 min read
The Ontario Securities Commission has announced the date for its annual securities regulation conference. Dialogue With The OSC is being held at the Metro Toronto Convention Centre this year on Friday, November 10. The conference is touted as an opportunity for market participants and securities industry professionals to learn about the latest developments in capital […]
By Kate McCaffery |August 14, 2006
Canada’s construction boom is expected to continue throughout this year and into the next, although 2007 should see a slight decline in the number of new starts, according to a report from Canada Mortgage and Housing Corporation. The total number of new starts for 2006 is expected to reach 227,900 by the end of the […]
By Steven Lamb |August 14, 2006
(August 2006) Throughout the 1990s, Canadian investors clamoured for more foreign exposure. Let’s think back to why that was. Partly, it had to do with the drooping dollar; in times of financial market stress, investors took refuge in the U.S. money market. Partly it had to do with the roller-coaster ride of commodity stocks, as […]
1 min read
(August 11, 2006) Jantzi Research has released the latest performance data for its Jantzi Social Index, which tracks the performance of companies that meet its criteria as socially responsible investments. For the month of July, the index returned 1.64%, underperforming its benchmarks. The S&P/TSX Composite Index and the S&P/TSX 60 Index increased by 2.03% and […]
By Staff |August 11, 2006
We’re all creatures of habit, and tend to revisit the same websites time and again during the average work week. Of course, Advisor.ca is an obvious favourite, but do you ever wonder what other sites your colleagues are using? Some recommendations are predictable; others are surprising — but all bear repeating for those who might […]
By Kate McCaffery |August 11, 2006
(August 10, 2006) Berkshire-TWC Financial Group has announced the appointment of Robert Levis as chief executive officer, promoting him from his position as senior vice-president, investment banking and corporate development. “Bob is an impassioned leader, able to galvanize team members in the expansion and growth of businesses,” said chairman Michael Lee-Chin. “Bob and I will […]
By Staff |August 10, 2006
Central banks may be approaching a neutral interest rate and reaching the end of their tightening cycle after years of fairly predictable increases, leading observers to wonder whether there will be a renaissance of 1990s-like volatility. The place to look is emerging markets, says a recent note by TC Bank Financial Group economist Richard Kelly, […]
By Scot Blythe |August 10, 2006
4 min read
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