Industry

Canadians fuzzy about retirement goals

Retirement funding is a complex machine, with several moving parts. For many Canadians employer pensions and government benefits will make up the core of their retirement income. A recent RBC survey found 54% of Canadians expect their pension will be the largest source of income, but when asked what kind of pension they have, 19% […]

By Steven Lamb |February 8, 2010

3 min read

SEC investigating staff over web use

• • • Reader Poll Blog Polls • • • Generally speaking, compliance and regulation attract cautious personalities, not prone to flouting rules and regulations. And then there’s the porn-surfing SEC manager. A regional supervisor of the U.S. Securities and Exchange Commission is under investigation for using his SEC computer to surf the web for […]

By Staff |February 5, 2010

1 min read

Reader Poll: MFDA Panel regulations

According to the IFB, under current MFDA regulations surrounding Hearings Panels, there is no mechanism to compensate an advisor in any way if the case brought against him or her is found to be without merit. “Even when a Panel finds in the favour of the advisor, the MFDA can appeal the case requiring the […]

By Staff |February 5, 2010

1 min read

Briefly:

The management of CI Capital Markets Inc. (CICM), formerly the Capital Markets group of Blackmont Capital Inc., has reached a deal to buy the firm from CI Financial. “This is the culmination of an undertaking that has been ongoing since early December,” says Jeff White, chief executive of CICM. “We have been able to secure […]

By Staff |February 5, 2010

3 min read