Industry

Most active funds aren’t really active

Actively managed mutual funds are facing a more serious hurdle than the growing popularity of ETFs.

By Vikram Barhat |September 26, 2012

3 min read

British banks step back from LIBOR

The British Bankers’ Association (BBA) is dropping its role in the setting of LIBOR. The move comes four years after questions were first raised about whether banks were lying in their submissions to the rate setting process, reports Financial Times. Read: How to reform LIBOR: CFA poll The reforms, which come out of a review […]

By Wire services |September 25, 2012

1 min read

Employees want retirement benefits

One-third of Canadian employees are willing to sacrifice a portion of their compensation in exchange for retirement security, finds Towers Watson. Meanwhile, one-in-four would give up a bonus for additional retirement benefits. Read: Help a client choose whether to commute his pension “[There’s] concern among Canadian workers about whether they will outlive their retirement savings,” […]

By Staff |September 25, 2012

1 min read

GICs: Safety more important than rates

Almost half of Canadians (44%) who hold GICs—or would consider holding them—rank safety of their investments as more important than getting the highest interest rates (32%), finds an RBC poll.

By Staff |September 25, 2012

1 min read