Industry News

Decorative pattern

Industry

Advisors skeptical of U.S. social media site

A new U.S.-based site promising to build an exclusive networking lounge for the global community of financial advisors has a rocky foundation, according to financial experts on both sides of the border. Craftily named linkedFA — although it has no connection with the popular professional networking site LinkedIn — its creators claim it is “the […]

By Vikram Barhat |April 8, 2010

4 min read

Decorative pattern

Industry

Pension reform must promote choice, education

The current discussion of pension reform has a certain historic echo. Similar to the debate around Medicare in the 1960s, the future of Canada’s retirement income system is garnering attention as an issue of national importance. Like Medicare, which addressed the health care needs of Canadians, the growing focus on pension reform is looking at […]

By Blake C. Goldring |April 8, 2010

4 min read

Decorative pattern

Industry

Briefly:

Don Roberts has been tapped to become the new vice-chairman of renewable energy and clean technology in CIBC’s wholesale banking group. “I believe the sector provides significant growth opportunities for developers and investors alike,” said Roberts. “Total capital invested in clean energy has increased 60% over the last five years. I expect investment to grow […]

By Staff |April 7, 2010

2 min read

Decorative pattern

Industry

What’s happening with point of sale?

Regulatory proposals calling for a new summary document, called a Fund Facts, predictably set off alarms in the industry. It wasn’t that the Fund Facts document was so objectionable. What raised hackles is the requirement to deliver it to investors at or before entering into any binding agreement to purchase mutual funds. The idea has […]

By Susan Han |April 7, 2010

5 min read