Industry

Rookie advisor gets career advice in Talvest Town Hall

(July 11, 2003) Some experienced advisors became career counsellors this week in Advisor.ca’s Talvest Town Hall after a newcomer to the industry asked for advice. Mark, who said he has completed the CSC and written the CFP exam, wanted to know which firms offer the best training for new advisors, adding he has had meetings […]

By Doug Watt |July 11, 2003

2 min read

MERs only part of the fee story, analyst says

(July 10, 2003) Although management expense ratio (MER) fees have been getting most of the attention recently, mutual fund investors should also be aware of brokerage commission fees, a hidden cost also borne by unitholders, says analyst James Gauthier of Dundee Securities. Because brokerage commission fees are capitalized rather than expensed, they are excluded from […]

By Doug Watt |July 10, 2003

2 min read

Duelling regulators: OSC takes aim at BCSC’s deregulation project

(July 9, 2003) The Ontario Securities Commission (OSC) has firmly rejected the British Columbia Securities Commission’s (BCSC) proposal to simplify securities regulation by shifting the focus away from rules toward a more principles-based regime. In a letter to BCSC chair Doug Hyndman, OSC chair David Brown calls the B.C. approach “extreme,” adding it would further […]

By Doug Watt |July 9, 2003

2 min read

Synchronizing accounting principles globally on top accountant’s agenda

(July 9, 2003) Countries that don’t accept new accounting standards will find themselves frozen out of top markets like the U.S., U.K., Canada and Australia, warned Sir David Tweedie, chair of the International Accounting Standards Board (IASB). The goal of the IASB is to collect and put forward a set of global accounting standards. The […]

By Steven Lamb |July 9, 2003

3 min read