Industry News

Retirees consolidating assets with a single advisor

Financial service institutions and advisors are sitting on a multi-trillion dollar opportunity to gain assets and grow their business, according to a recent study on the financial services industry by the TowerGroup. By providing efficient and effective retirement income planning services for the growing percentage of the population in or near retirement, the research firm […]

By Mark Brown |October 30, 2006

3 min read

Briefly:

(October 30, 2006) UBS Investment Research is urging investors to stay in equities and resist the temptation to move into cash, at least for the remainder of 2006. The TSX and S&P 500 have sailed through the last three months with barely a hint of the vulnerabilities that typically present themselves in these months, the […]

By Staff |October 30, 2006

3 min read

Briefly:

(October 27, 2006) The Alberta Securities Commission has ordered an Edmonton man who admitted to illegal trading to pay $18,000 to the regulator. In a settlement agreement released on Friday, Richard Kearl admitted that in 2004, he solicited $105,500 from four Alberta investors on the basis that the investors would receive their money back along […]

By Staff |October 27, 2006

2 min read

Group urges sweeping industry reform

Legislators and regulators must launch a comprehensive review of the entire savings and investment industry to provide adequate investor protection, according to a brief submitted to Quebec’s Public Finance Committee by a coalition of academics and industry professionals. In a submission entitled “To avoid another Norbourg…and beyond: For a National Saving and Investment Policy,” the […]

By Steven Lamb |October 27, 2006

4 min read