Industry News

Briefly:

Could be the early impact of the eggnog, but American consumers are feeling more confident heading into the holiday season, according to the latest RBC CASH (Consumer Attitudes and Spending by Household) Index survey. Consumer confidence has been declining throughout the fall, but the December reading of the CASH Index is up nearly 8 points […]

By Staff |December 10, 2009

2 min read

Emerging markets to lead in 2010, bonds decline

With 2009 all but written up in the history books, market watchers are turning their eyes toward 2010. Given the tumult of the past year, with markets cratering in March only to roar back through the second and third quarter, a period of sedate returns is likely welcome. Investment returns for 2010 will be driven […]

By Steven Lamb |December 10, 2009

3 min read

Affluent investors go conservative

The market turmoil has created a significant shift in the risk tolerance of affluent investors, which will likely force advisors to re-examine the way they deal with this important group of investors, according to a study commissioned by the Mackenzie Private Client Group. The Mackenzie Private Client Group commissioned Investor Economics Strategy Consulting to undertake […]

By Mark Noble |December 10, 2009

5 min read

Ignatieff calls for pension reform

Liberal leader Michael Ignatieff is backing the idea of a supplementary government pension plan, saying Canadians are not saving enough for retirement. “We are calling on the government to make saving and full retirement easier and more secure for all Canadians,” Ignatieff told reporters in Ottawa on Tuesday, Dec. 8. The proposed supplementary Canada pension […]

By Jody White |December 9, 2009

2 min read