Industry

Father of critical illness insurance makes a plea to advisors

(January 20, 2003) The South African heart surgeon who pioneered the concept behind critical illness insurance says advisors owe it to their clients to spread the word about CI. Dr. Marius Barnard was a keynote speaker last Friday at the first world critical illness insurance conference in Vancouver. “In 1983 I had a tremendous audience […]

By Sheila Avari |January 20, 2003

2 min read

IFIC discards several BCSC mutual fund industry reform proposals

(January 20, 2003) The Investment Funds Institute of Canada has shot down several key provisions contained in the British Columbia Securities Commission’s proposals to reform mutual fund regulations. IFIC believes that fund companies should not be forced to file quarterly performance reports and that foreign fund companies shouldn’t be allowed to sell products in Canada. […]

By Doug Watt |January 20, 2003

2 min read

Critical insurance conference aims to boost awareness

(January 17, 2003) As the world’s first critical illness insurance conference kicked off in Vancouver, the chief organizer wasn’t shy in expressing his opinion that Canada trails the rest of the world significantly when it comes to critical illness knowledge. To the 350 advisors at the opening reception on Thursday night, many from Canada, the […]

By Sheila Avari |January 17, 2003

3 min read

Move slowly on regulatory reform, policy paper suggests

(January 16, 2003) There’s no need for Canadian regulators to rush into adopting U.S. style reforms, according to a policy paper commissioned by the Capital Markets Institute at the University of Toronto. In fact, wholesale acceptance of reforms like the Sarbanes-Oxley Act could impose “undue costs” on Canadian market participants, says the paper’s author, Christopher […]

By Doug Watt |January 16, 2003

3 min read