Industry

Desjardins Investments ups risk of real estate fund

Desjardins Investments has changed its global real estate fund.

By Staff |February 27, 2013

1 min read

U.S. banks report second best profits ever

U.S. banks reported net income of $34.7 billion in the fourth quarter of 2012, a 37% improvement from Q4 2011, finds the Federal Deposit Insurance Corporation (FDIC). And for the full year, industry earnings totaled $141.3 billion, the second highest ever reported by the industry after the $145.2 billion earned in 2006. Read: JPMorgan’s earnings […]

By Staff |February 27, 2013

2 min read

Protect clients from gifting tax shelter schemes

Your client wants to give to charity. But before he makes a donation, warn him about gifting tax shelter schemes. If it seems too good to be true, it probably is, says the Canada Revenue Agency (CRA). For example, if a tax shelter promoter offers a tax receipt for a larger amount than the donation […]

By Staff |February 27, 2013

1 min read

IIAC to regulators: clients trust advisors

Though negative media coverage surrounds the financial industry, many investors do trust advisors.

By Vikram Barhat |February 27, 2013

1 min read