News and resources for Canada's top financial advisors
Industry
This Advisor.ca package is sponsored by: Managing General Agencies in Canada comprise a vital distribution channel for the life and health insurance industry. But it’s a channel facing numerous threats. On June 8th and 9th 2005, the Advisor Group hosted a symposium for 100 senior principals of more than 40 MGAs. This special report provides […]
By Staff |July 22, 2005
1 min read
(July 22, 2005) The Canadian Securities Administrators (CSA) released a discussion paper today, soliciting feedback from market participants on market structure developments and trade-through obligations. A trade-through occurs when a dealer bypasses a quote on one market trading system to execute trades at an inferior price on another system. Until recently no issues arose under […]
By Kate McCaffery |July 22, 2005
2 min read
(July 22, 2005) Conservative investors may be getting nervous in the current environment, with central bankers promising to raise interest rates and equity markets seemingly priced to perfection. Higher interest rates could stifle an equity rally while wiping out the premium valuations on existing fixed income products. But fund managers at the Franklin Templeton Outlook […]
By Steven Lamb |July 22, 2005
3 min read
(July 21, 2005) China today announced it would revalue the renminbi, taking market watchers by surprise by removing the U.S. dollar peg entirely, using a basket of currencies instead to set exchange rates going forward. In addition to revaluing the currency, pushing it up 2.1% against the U.S. dollar, the People’s Bank of China says […]
By Kate McCaffery |July 21, 2005
(July 21, 2005) Investor advocate and regulatory crusader Robert Kyle’s website has been shut down by his American service provider. The move follows legal threats from a Canadian law firm regarding some of the content on the site, Kyle has been told. It’s believed MacPherson, Leslie & Tyerman want all court documents related to legal […]
By Doug Watt |July 21, 2005
(July 21, 2005) Canadian investors may have realized hefty gains over the past three years from their domestic equity holdings, but the complacent investor risks missing out on lucrative opportunities abroad, according to the top managers at Franklin Templeton Investments. “Resource driven markets, and Canada in particular, have been absolute star performers, and we have […]
By Steven Lamb |July 21, 2005
4 min read
(July 20, 2005) Discount brokerages may enjoy lower cost structures than their full-service competitors, but they risk losing customers who find success in managing their own accounts, according to the IDA’s latest Wealth Watch report. The brokerage industry association studied a sample of nine discount brokerages and nine full-service brokerages, comparing the performance of their […]
By Steven Lamb |July 20, 2005
(July 20, 2005) It’s no secret that Canada’s banks want to sell more insurance products in their branches. Now, RBC, the country’s largest bank, has put that request in writing, asking the federal government to include the controversial change in the Bank Act — scheduled for review in 2006. “Removing the constraints on the ability […]
By Doug Watt |July 20, 2005
(July 19, 2005) AIM Trimark Investments received top marks in a recent survey of technology and internet services provided by Canadian and U.S. financial services companies. Leading a group of 20 U.S. firms and four Canadian firms, the company ranked number one overall in the Benchmarking Internet Servicing of Advisors report, created by Forest Hills, […]
By Kate McCaffery |July 19, 2005
(July 19, 2005) The Federal Department of Finance has released its latest draught of rules aimed at restricting the use of offshore trusts to shelter assets. The proposed changes to the Income Tax Act are the latest move in a series of measures to address the long-standing issue. “This has been going on now for […]
By Steven Lamb |July 19, 2005
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