Industry

Aging entrepreneurs need transition plan

(February 1, 2005) While most financial advisors are already aware of the impending intergenerational transfer of wealth in a general sense, a new study by CIBC finds a new wrinkle in this massive shift of economic power. Within the next five years, half a million small business owners will retire, resulting in the transfer of […]

By Steven Lamb |February 1, 2005

3 min read

Complaints against IDA decline in 2004 but penalties skyrocket

(February 1, 2005) The IDA received significantly fewer client complaints in 2004, but levied much higher penalties, mostly due to last December’s huge market-timing settlements, which involved three large bank brokerages. The IDA released its annual report on complaints, enforcement and prosecutions last week. The brokerage industry association received about 1,200 complaints in calendar 2004, […]

By Doug Watt |February 1, 2005

2 min read

Market improving for LSIFs, TD says

(January 31, 2005) Despite a recent rough patch, the outlook for labour-sponsored investment funds (LSIF) is improving, as the exit opportunities become more frequent and valuations more reasonable, according to a report from TD Waterhouse. Equity markets over the past few years have not been exactly conducive to exiting positions in the companies LSIFs invest […]

By Steven Lamb |January 31, 2005

2 min read

Mainstream seen moving beyond ethical investing

(January 31, 2005) The pieces of the puzzle are falling into place for mainstream investors to embrace some form of socially responsible investing. But it won’t be based on personal values or ethics, according to consultant Tim Gardener of Mercer Investment Consulting. “We’re not talking about tobacco, alcohol, gambling — indeed you could argue that […]

By Doug Watt |January 31, 2005

3 min read