News and resources for Canada's top financial advisors
Industry
(June 2, 2005) Senior executives in the Canadian investment industry are expected to earn median compensation of $125,000 this year, up 9% from two years ago, according to a survey released today by the CFA Institute and Russell Reynolds Associates. The survey examines the compensation of portfolio managers, securities analysts, pension officers and other senior-level […]
By Doug Watt |June 2, 2005
2 min read
(June 2, 2005) The mutual fund industry is anticipating higher sales in May, compared to the previous month. IFIC estimates that net sales for the month will be between $700 million and $1.1 billion. April’s net sales were $567 million. “We are pleased that the industry has posted its seventh straight month of positive net […]
By Staff |June 2, 2005
1 min read
(June 1, 2005) Canada does have an effective restitution process for investors who have been harmed by brokers or financial firms, regulators say. The Ontario Securities Commission held an investor town hall in Toronto on Tuesday night, which attracted more than 400 people. It may be little-known to most retail investors, but the Ombudsman for […]
By Doug Watt |June 1, 2005
(June 1, 2005) Most advisors now are aware, at least, that privacy and the way they collect and protect personal client information is covered by legislation like the Personal Information Protection and Electronic Documents Act (PIPEDA). Those who understand the rules however say there are still quite a few inconsistencies and “holes you could drive […]
By Kate McCaffery |June 1, 2005
(May 31, 2005) Changing demographics will have a long-term effect on the practices of financial advisors, experts say, and must be properly understood for professional survival. Demographics are “…one of the more important aspects of retirement planning,” argued Carl Haub, senior demographer at the Washington, D.C.-based Population Research Bureau during a recent National Press Foundation […]
By Al Emid |May 31, 2005
3 min read
(May 31, 2005) The Manitoba government has appointed an independent prosecutor to review the Crocus Investment Fund in the wake of a scathing report from the province’s auditor general. The report, released late Monday, confirms that there were “serious weaknesses” in the Winnipeg-based labour-sponsored fund’s operations, according to auditor general Jon Singleton. Between September 2004 […]
By Doug Watt |May 31, 2005
(May 30, 2005) Advisors have always accepted responsibility for clients’ portfolio assets within their control. But in recent years, they have found themselves offering advice on assets usually beyond their purview, such as company pension plans. A client realizing that the phrase “unfunded pension liabilities” means that his or her employer-sponsored pension plan has more […]
By Al Emid |May 30, 2005
(May 30, 2005) Although investing in gold is a highly-profitable endeavor for some, it remains a complete mystery to many investors. Adding to the confusion for would-be gold bugs is the way gold company shares behave. The sector isn’t delivering much in the way of performance, despite the fact bullion prices appear to be holding […]
By Kate McCaffery |May 30, 2005
(June 3, 2005) A father and son have been fined almost $250,000 by the Alberta Securities Commission for insider trading and tipping during merger/acquisition negotiations. Ken and Lyle Pretty have admitted to the charges, stemming from information passed from Ken, the son, to his father, while serving as vice president of Newport Petroleum, Hunt Oil […]
By Staff |May 30, 2005
12 min read
Franklin Templeton Investments is a recognized leader in global investing. Our strength and knowledge enables us to offer a worldwide platform of funds for a diversified portfolio. FTI Budget Resources Why Global Equity? The Case for Global Investing The 2005 federal budget contained some good news for investors looking for complete flexibility when making decisions […]
By Staff |May 27, 2005
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