Industry

Assessing Trustee Liability

The Ontario Superior Court case, Hicks v. Hicks, 2003 CanLii 2132 (ON S.C.), presents some interesting issues regarding trustee liability in situations where a trust incurs a loss. Anne Marie Hicks is the widow of Charles Hicks. Charles left an estate valued at approximately $15 million. He left a $9 million spousal trust and a […]

By Akua Carmichael |May 1, 2010

5 min read

Universal Truths

The market has seen more than its share of trouble lately. This isn't news—nor is the fact that the instability has affected clients' investment portfolios in their personal and corporate non-registered accounts, as well as their RRSPs, RRIFs and TFSAs. However, it might surprise some that the market issues have also affected the investments in […]

By Cindy David |May 1, 2010

4 min read

Estate planning for women

No one likes talking about estate planning. It’s fraught with emotion and can be uncomfortable—after all, it anticipates someone’s death. And women are traditionally even more reticent on the topic than men, preferring to leave the unpleasant details to a spouse or partner. But this is changing, fast. Estate planning is more complex than ever, […]

By Michelle Munro |May 1, 2010

6 min read

Point of Sale Debate Rages on Advisor.ca

Controversy over the proposed Point of Sale compliance obligations on mutual funds has supporters and critics at odds. But one thing is clear, based on three Advisor.ca polls, the majority of readers are not siding with the regulators. In an Advisor.ca poll published on April 16, a decisive 85% of respondents agreed the proposed rules […]

By John Powell |May 1, 2010

2 min read