Industry

Decorative pattern

Tips from the top

Explaining early withdrawal fees Explaining early withdrawal fees Recommending that clients borrow rather than withdraw from their universal life policies to avoid reducing exemption room Educating clients about the difference between a policy’s value and accessible value Recommending products with free, unlimited transfers between investment products since portfolios set up today won’t be appropriate down […]

By Kate McCaffery |June 1, 2006

3 min read

Decorative pattern

Briefly:

(May 30, 2006) Standard Life’s 1.6 million voting members have voted 98% in favour of converting the insurance giant into a publicly-traded company. Standard Life required the support of at least 75% support of voting members for the resolution to pass at a special general meeting held on Wednesday in Edinburgh, Scotland. The company will […]

By Staff |May 31, 2006

3 min read

Decorative pattern

Experts suggest extending tax filing deadline

If you had difficulty getting through tax season this year, more so than usual, you’re not alone. And some experts say extending the filing deadline could be the answer. Evelyn Jacks, author and president of the Knowledge Bureau, says given the proliferation of trust structures in the investment universe, the federal government should consider extending […]

By Kate McCaffery |May 31, 2006

4 min read

Decorative pattern

OSC chair sees new fund rules this year

The head of the Ontario Securities Commission has called on his counterparts to pull together and improve corporate governance in Canada and has warned that new rules are already being drawn up for the mutual fund industry. In a speech to The Canadian Club of Montreal in Montreal on Monday, OSC chair David Wilson declined […]

By Steven Lamb |May 30, 2006

2 min read

Decorative pattern

Briefly:

(May 30, 2006) The GrowthWorks Canadian Fund recently invested $9.5 million in three Canadian companies. Advanced Glazings of Sydney, Nova Scotia, received $2.5 million, SaskAlta Base Oils got $2 million, and $5 million went to Viron Therapeutics of London, Ontario. “We’re impressed with the strength of the management teams and the technology behind these diverse […]

By Staff |May 30, 2006

3 min read

Decorative pattern

Edward Jones issues trust guidance

Despite the mass media coverage income trusts have received over the past three years, there remains some confusion about their structure and suitability, according to a research report from Edward Jones Investments. Far from their traditional place as income generators for widows and orphans, most income trusts are not suitable for conservative investors, the report […]

By Steven Lamb |May 30, 2006

2 min read

Decorative pattern

Bissett re-opens flagship income fund

Three-and-a-half years after it was closed to new investors, Franklin Templeton Investments has announced it will re-open its flagship Bissett Income Fund, effective immediately. First introduced in June 1996, the fund was capped in November 2002. However, since then, the income trust market has matured and broadened out significantly; investments have longer and more reliable […]

By Kate McCaffery |May 29, 2006

4 min read

Decorative pattern

Briefly:

(May 29, 2006) CCH Canadian Limited, a publisher of tax research, has launched a new guide for charities and their advisors, titled Charities, Non-Profits and Philanthropy Under the Income Tax Act. “Providing legal and accounting-related planning and guidance can be a complicated and complex undertaking,” said Ian Rhind, president and CEO of CCH in Canada. […]

By Staff |May 29, 2006

2 min read

Decorative pattern

Flaherty repeats call for national securities regulator

Federal Finance Minister Jim Flaherty has reiterated his commitment to create a national securities regulator and says he is considering a national review of the tax system. Flaherty’s comments came in response to questions following a speech delivered to the Toronto Board of Trade on Monday morning, which largely focused on the simmering issue of […]

By Mark Brown |May 29, 2006

2 min read

Decorative pattern

Ethically speaking: Grievous gifting?

(May 2006) We asked FCSI designees from coast-to-coast to respond to your ethical dilemmas — everything from culling clients, to specific fund recommendation and a host of suitability issues. In our second column, hear what FCSI Shelly Appleton-Benko suggests for an advisor who is concerned about offering new shares to select clients. You Wanted To […]

By Staff |May 26, 2006

2 min read

← Previous 1 … 1,937 1,938 1,939 1,940 1,941 … 2,143 Next →