Industry News

Decorative pattern

Briefly: “Edward Jones launches Portfolio Models” and more news

Edward Jones has launched a fee-based managed investment program called the Edward Jones Portfolio Program. It allows investors to choose from 11 Portfolio Models managed by SEI. “The automatic rebalancing of the Portfolio Models means that investors can focus on other things in life and step back from the investment decision-making emotional rollercoaster of oft-changing […]

By Staff |September 14, 2010

4 min read

Decorative pattern

Market chatter rises, complaints decline: IIROC

It’s been a busy year for market regulators, despite a decline in the volume of complaints. Never mind enforcement action, the bigger job now is simply monitoring the vast quantity of market chatter, according to the annual report from the Investment Industry Regulatory Organization (IIROC). There were huge increases in the number of orders to […]

By Steven Lamb |September 13, 2010

2 min read

Decorative pattern

Regulators agree on new capital rules

Bankers and analysts said new global rules could mean less money available to lend to businesses and consumers, but praised a decision to give them plenty of time — until 2019 — before the so-called Basel III requirements come into full force. The rules, which will gradually require banks to hold greater capital buffers to […]

By Wire services |September 13, 2010

3 min read

Decorative pattern

Briefly: “Manulife Bank launches trust company” and more news

Manulife Bank of Canada has launched Manulife Trust Company to offer advisor-based products such as deposit accounts, GICs and investment savings accounts, coast to coast. “All Manulife Trust products will be available through financial advisors because we firmly believe that everyone should have a financial plan and incorporate trust and banking products to meet their […]

By Staff |September 13, 2010

3 min read

Decorative pattern

IPC to buy Partners In Planning

Investment Planning Counsel (IPC) has struck a deal to acquire Partners In Planning Financial Group (PIP), pending regulatory approval. The deal includes all of PIP’s subsidiaries, including mutual fund and exempt market dealer Partners In Planning Financial Services Ltd. and its insurance agency, Partners In Planning Insurance Services Inc. “We had always been interested [in […]

By Steven Lamb |September 10, 2010

2 min read

Decorative pattern

Canadian fund costs in line with U.S.

You’ve probably heard it a thousand times: Canadian mutual fund fees are too high — just look to the U.S. for proof. But a new study finds that this nugget of conventional wisdom might be a complete fallacy. Comparisons of Canadian management expense ratios to U.S. total expense ratios are far too simplistic, according to […]

By Steven Lamb |September 9, 2010

3 min read

Decorative pattern

MFDA, CSA team up for disciplinary disclosure

Advisors are coming under much more scrutiny lately as new services have been rolled out, giving the investing public access to detailed information about financial professionals. On Tuesday, the beta version of KYFA.com went live, promising users the ability “to search, connect, communicate and evaluate financial advisors.” On Aug. 30, the Investment Industry Regulatory Organization […]

By Steven Lamb |September 9, 2010

2 min read

Decorative pattern

Briefly: “Invesco Institute announces ‘Building Better Portfolios'” and more news

An Invesco continuing education session is coming to a city near you this fall. Running from Sept. 14 to Nov. 4, the “Building Better Portfolios” live sessions will extend across Canada. The sessions will focus on the following: Honing the art of “storyselling”: Techniques to help advisors engage their clients. Portfolio management: Invesco Trimark portfolio […]

By Staff |September 9, 2010

3 min read

Decorative pattern

Market takes rate hike in its stride

It’s the one we’d been holding our collective breath for. Close on the heels of its July announcement, the Bank of Canada (BoC) raised its benchmark policy rate a second time this summer, to 1%, but most Canadians are treating it as par for the course. Experts in the financial industry assure that despite a […]

By Vikram Barhat |September 8, 2010

3 min read

Decorative pattern

Briefly: “NexGen shakes up executive ranks” and more news

NexGen Financial has named Laurie Munro, currently the company’s president, as chief executive officer, succeeding Jim Hunter, who assumes the role of non-executive chairman. Hunter replaced Geoff Matus in that role. Matus had served as chairman since it was founded in 2006, and now takes on the role of vice-chairman. “I am delighted that Laurie […]

By Staff |September 8, 2010

3 min read

← Previous 1 … 1,670 1,671 1,672 1,673 1,674 … 2,188 Next →