Industry News

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Industry

TFSA confusion lingers

Nearly two years after it was first made available, the tax free savings account (TFSA) continues to confuse many Canadians, according to a survey conducted for the Bank of Montreal. Only 20% of respondents knew that mutual funds could be held within a TFSA, while just 26% were aware they could hold a GIC in […]

By Steven Lamb |November 9, 2010

2 min read

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Industry

Briefly: MFDA issues reasons against Lipski

A hearing panel of the MFDA’s Pacific Regional Council has issued its reasons for decision in connection with the disciplinary hearing that took place in Vancouver, British Columbia on October 12, 2010 in the matter of Piotr (Peter) Lipski. Click here for a copy of the Reasons for Decision. – Staff (11/09/10)

By Staff |November 9, 2010

1 min read

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Industry

Simplify your compliance regime

Don’t rush out and get that 200-page compliance manual that you’ll never open. It will likely just collect dust, as 80% of it has little to do with the average advisor’s business. That message for mutual fund and life insurance advisors comes from Julie Mansi, a corporate lawyer with Borden Ladner Gervais LLP (BLG). “It […]

By Vikram Barhat |November 8, 2010

3 min read

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Industry

Briefly: “Sprott promotes Nuttall to lead manager” and more news

Sprott Asset Management has announced the promotion of Eric Nuttall to the role of lead portfolio manager for Sprott Energy Fund. Eric Sprott will continue to be part of the fund’s portfolio management team, supporting Nuttall in the role of advisor. “At Sprott Asset Management, we pride ourselves on hiring and developing the best investment […]

By Staff |November 8, 2010

3 min read