Industry News

Parents delay retirement, take on debt to help kids

Almost two-thirds (60%) of parents with children under 25 have saved less for retirement than they’d planned, finds a CIBC poll. This is because they’ve directed some of their retirement savings towards their child’s education. As a result, 36% will actually delay retirement. And one-third has incurred additional debt. Read: Canadians continue to struggle with […]

By Staff |August 22, 2013

1 min read

Advisor-overtime lawsuit against BMO Nesbitt Burns certified

The Ontario Superior Court of Justice has certified a class action against BMO Nesbitt Burns for unpaid overtime owed to investment advisors and associate investment advisors.

August 22, 2013

2 min read

Wells Fargo cuts 2,300 jobs

Wells Fargo has laid off 2,300 employees from its home-lending unit in Iowa.

August 22, 2013

1 min read

Facial scan program will boost U.S. surveillance

The U.S. government is developing a surveillance system that will combine computer and video camera capabilities.

August 22, 2013

1 min read

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