Industry

New Year resolutions: Promising by yards, performing by inches

To many Canadians, a New Year’s resolution is something that goes in one year and out the other. And that’s perhaps why their health problems last longer than their New Year’s resolutions, as the recent Sun Life Financial study found. One of the key findings from the online survey, which included 1,586 adults, revealed that […]

By Vikram Barhat |December 21, 2010

2 min read

Investors Group offers fixed income portfolio fund

Investors Group has launched a new fixed income mandate, the Investors Fixed Income Flex Portfolio, which aims to provide current income by investing in a diversified set of underlying funds that invest primarily in fixed income securities. “Fixed income holdings are a critical component of an investor’s overall portfolio strategy and this new Portfolio is […]

By Staff |December 20, 2010

1 min read

IIROC reaches decision for Nott, et al

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that five employees at TD Securities Inc. violated the Universal Market Integrity Rules (UMIR) by entering artificial closing bids in 322 instances over a six-month period. The panel dismissed an allegation that TD Securities failed to comply with its trading supervision […]

By Staff |December 20, 2010

2 min read

Enhanced CPP option on the rocks

Federal Finance Minister Jim Flaherty appears set to discard the option of enhancing the Canada Pension Plan, heading into the meeting with his provincial counterparts in Kananaskis, Alberta. Last week Flaherty proposed a private sector solution to Canada’s future retirement funding crisis, which would allow workers without a pension plan to contribute to a pooled […]

By Steven Lamb |December 20, 2010

1 min read