Industry News

ING closes broker channel

ING Direct Canada is closing its mortgage broker division. The firm will be re-branded, drop the ING name, and sell mortgages direct to consumers.

By Staff |January 16, 2013

1 min read

Canadians seek online tools and calculators: IEF

Paying down personal debt and saving for emergencies and retirement continue to be the top financial resolutions of Canadians for 2013 and, according to Investor Education Fund’s (IEF) annual financial resolutions poll, they’ll be doing it this year with tech tools and calculators. IEF’s GetSmarterAboutMoney.ca, Canada’s largest financial literacy and education website, has released its […]

By Staff |January 16, 2013

1 min read

Rep fined $30,000 for guaranteeing investment

On December 12, 2012, an IIROC hearing panel accepted a settlement agreement, with sanctions, between IIROC staff and Bernard Patrick King.

By Staff |January 16, 2013

1 min read

Many Canadians don’t have a retirement plan

Two-thirds of Canadians (65%) either don’t have a retirement savings plan or did not make any contributions to their RSP in 2012, finds an ING DIRECT study. When asked what concerns them most about their impending golden years, 56% admit not having enough income to sustain a good quality of life, while 13% are afraid […]

By Staff |January 16, 2013

1 min read