Industry News

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Industry

Online insurance dealer supports brokers

(March 22, 2004) In an age where technology has revolutionized the financial services industry, there have been many positive developments, making life easier for the professionals in the field. But there has also been a downside, according to David Slabodkin, president of Canada Protection Plan (CPP). He says the direct sales model presented by the […]

By Steven Lamb |March 22, 2004

2 min read

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Industry

Commission splitting should remain restricted, IFB says

(March 22, 2004) The rules on commission splitting in the insurance industry should be eased, but restricted to those who are regulated financial services providers, says the Independent Financial Brokers of Canada (IFB). Earlier this year, the Canadian Council of Insurance Regulators (CCIR) released a concept paper on referral arrangements, floating the idea of either […]

By Doug Watt |March 22, 2004

2 min read

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Industry

No fund trading abuses in Britain, regulator says

(March 19, 2004) Britain’s financial services regulator has found no evidence of late trading of mutual funds. And although examples of market timing were uncovered, long-term investors have not been harmed, says the Financial Services Authority (FSA). The FSA launched a trading investigation in the wake of a series of mutual fund scandals in the […]

By Doug Watt |March 19, 2004

2 min read

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Industry

Income trusts capped in a housekeeping budget

Income trusts capped in a housekeeping budget Staying the course: No surprises in Goodale’s first budget Advisors react to “non-event” budget Budget draws mixed reviews from industry associations Industry insiders analyze return to prudence The federal budget and your financial plan (Client letter) Back to main page Further work needed In last year’s budget, the […]

By Scot Blythe |March 18, 2004

7 min read