Industry

The positives of paraplanners

Did you become a financial advisor to sit in your office and enter data into a computer? Probably not. But like many of your counterparts, entering client information into financial-planning software or performing administrative duties may be a major part of your day-to-day job. Faced with these administrative burdens, what are your options? If you […]

By Tyrone Matheson |October 1, 2010

6 min read

Wealthy worry about next generation

Canada’s millionaires don’t have much faith in the future. According to a new study conducted by RBC Wealth Management, 58% of millionaires think their children are facing an uphill battle when it comes to managing their finances and 49% don’t have confidence in their children’s abilities to manage the inheritance. They are living for today […]

By John Powell |September 30, 2010

4 min read

Briefly: “Aging population creates $2.8 trillion fiscal crunch” and more news

Canada’s aging and unhealthy population is about to create a significant liability totalling about $2.8 trillion for all levels of government, according to a new study from the C.D. Howe Institute. It could play a key role in prolonging the economic recovery, author William B.P. Robson wrote in “The Glacier Grinds Closer: How Demographics Will […]

By Staff |September 30, 2010

2 min read

IIROC disciplines Blackmont, Duke

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has found that Blackmont Capital Inc. and Dean Shannon Duke violated IIROC rules related to business conduct and unauthorized trading in client accounts. The panel’s full Reasons for Decision are available on the IIROC website. A separate hearing will be scheduled to determine […]

By Staff |September 29, 2010

2 min read