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(December 3, 2002) A former president of the Institut québécois de planification financière will examine the opportunities in international financial planning in a keynote speech at the Advisor Forum in Montreal on December 12-13. Michel Mailloux will review the rules and risks of international financial planning and the structures and products available in offshore sites. […]
By Jim MacDonald |December 3, 2002
2 min read
(December 3, 2002) The Investment Funds Institute of Canada is estimating another decline in mutual fund sales for November. Preliminary figures suggest a drop in net sales of between $500 million and $900 million. Still, that’s an improvement from October, says IFIC president and CEO Tom Hockin, when mutual funds saw $1.1 billion walk out […]
By Scot Blythe |December 3, 2002
1 min read
Romanow report viewed as positive for pension plan sponsors (December 2, 2002) The head of a Senate committee on healthcare says he agrees with Roy Romanow’s conclusion that the system needs reform as soon as possible, but Senator Michael Kirby says there’s disagreement between the two on how that goal can best be achieved. The […]
By Doug Watt |December 2, 2002
3 min read
(December 2, 2002) The chief investment officer of a major Canadian pension fund says new securities reforms in the United States could be “softened.” Tom Gunn of the Ontario Municipal Employees Retirement System (OMERS) in Toronto says the shifting political climate in the U.S. could very well shape the reform-minded Sarbanes-Oxley Act. Sarbanes-Oxley was borne […]
By Jim MacDonald |December 2, 2002
Still think socially responsible investing (SRI) is only for fringe investors who care more about the environment than they do about returns? You may be surprised to discover who’s investing responsibly and just how profitable it can be for them – and you. Between 1998 and 2000, sales of socially responsible mutual funds in Canada […]
By Staff |December 2, 2002
(November 29, 2002) The year 2002 was the Year of the Horse in the Chinese Lunar Calendar, but for investors and financial advisors it was another Year of the Bear. The end of the year is always a time of reflection so Advisor.ca’s Talvest Town Hall wants to hear from advisors about their 2002 year […]
By Jim MacDonald |November 29, 2002
(November 29, 2002) Canadian consumers now have access to a national call centre and Web site dedicated to handling complaints about the country’s financial services industry. The Centre for the Financial Services OmbudsNetwork, first announced last December, was officially launched today. The centre, based in Toronto, will act as a clearinghouse for questions about the […]
By Doug Watt |November 29, 2002
Managing Emotions Whether it’s euphoria or anxiety, allowing emotions to seep into investment decisions can be costly. Instead, prudent investors should aim to emulate the unemotional approach of a professional portfolio manager, a mindset that can be achieved with solid due diligence, a disciplined investment process and a sense of perspective, according to three frontline […]
By Staff |November 29, 2002
(November 29, 2002) The Romanow report’s recommendations, particularly its suggestions for reducing the impact of drug costs and taking the financial burden of home care off employers’ shoulders, should be good news for pension plan sponsors, consultants say. Roy Romanow tabled his report on the future of healthcare in Canada yesterday. The report proposes that […]
By Anna Sharratt |November 29, 2002
4 min read
(November 29, 2002) The amalgamation of Canada’s two biggest professional organizations for financial advisors has entered its final stage — the parliamentary phase. The Canadian Association of Financial Planners and Canadian Association of Insurance and Financial Advisors are uniting to form the Financial Advisors Association of Canada, which will be known publicly as Advocis. The […]
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