Industry

Briefly:

Laurentian Bank doesn’t want investors to forget that when it comes to buying a home, RRSPs and the Home Buyer’s Plan go hand in hand. “The Home Buyer’s Plan was designed specifically for people who wish to use funds in their RRSP to facilitate the purchase of a residence when making an initial down payment,” […]

By Staff |February 12, 2010

2 min read

Canadian retirees breathe easier

The fallout from the global financial crisis has seeped into the retirement experiences of North Americans and reflects the disparate regulatory regime and savings cultures of Canada and the U.S., according to a study. TD Bank Financial Group’s North American Report on Retirement survey of 1,002 retired Canadians and 1,009 retired Americans finds that Canadian […]

By Jody White |February 11, 2010

3 min read

Briefly:

Russell Investments has released new research in an attempt to broaden the active versus passive investing debate, outlining five key factors investors should consider when deciding which approach to take. “We take issue with the conduct of the active versus passive debate, which has made the mistake of framing the issue exclusively in terms of […]

By Staff |February 11, 2010

3 min read

IFB voices compensation concerns

Now that conversations have opened up about notice periods for advisors facing MFDA hearings, an industry association remains concerned about the inability of brokers to collect compensation for costs incurred to defend claims. Susan Allemang, the IFB’s manager of regulatory affairs, told Advisor.ca she’s worried that current self-regulatory organization bylaws still don’t entitle an advisor […]

By John Powell |February 10, 2010

1 min read