Top Financial Phrase of 2013 is...

Our top financial phrase of 2013 is, “Commissions in the crosshairs.”

In December of last year the Canadian Securities Administrators released a discussion paper on mutual fund fees that floats the idea of following the U.K. and Australia’s bans on embedded commissions.

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Second runner-up phrase of 2013

Runner-up phrase of 2013

The paper sent shockwaves through the industry, spurring a heated debate that’ll doubtless continue into 2014. Advisor.ca, Advisor’s Edge magazine and Advisor’s Edge Report have covered every step of the tug o’ war.

CSA to scrutinize mutual fund fees

Belly putters and fund fees

3 remedies for mutual fund fees

MFDA dealer backs CSA’s mutual fund fee proposals

Advisor compensation model flawed: FPSC

OSC roundtable participants predict fees could double

Compliance roundup: November 2013

Keep embedded commissions, says Invesco president

What unbundling could mean for the future of advice

Will the commission debate affect advisor business valuations?

Fee-for-advice model lacks transparency: IFIC

Should these clients pay fee or commission?