Industry News

Canadian housing more affordable: RBC

Canada’s housing market became more affordable in the third quarter of 2012 as a result of modest declines in home prices and further gains in household incomes, finds RBC Economics Research. “The broad affordability picture has been somewhat stationary over the last two years, alternating between periods of improvement and deterioration, resulting in an affordability […]

By Staff |November 22, 2012

2 min read

PlanPlus launches German version of software

PlanPlus announced today the release of its PlanPlus Planit financial planning software for the German market. The firm’s software is used by financial planners in over 30 countries.

By Staff |November 22, 2012

1 min read

SEC sanctions 2 advisory firms

The Securities and Exchange Commission has sanctioned two investment advisory firms for impeding examinations conducted by SEC staff. An SEC investigation found Evens Barthelemy and his New York-based firm Barthelemy Group LLC misled SEC examiners by inflating the firm’s claimed assets under management (AUM) ten-fold in an apparent attempt to show the firm was eligible […]

By Staff |November 22, 2012

2 min read

Dealer refuses to compensate clients for risky investment

The Ombudsman for Banking Services and Investments (OBSI) has announced the refusal of W.H. Stuart & Associates to compensate its customers in the amount of $41,066 as recommended by OBSI. W.H. Stuart is a family-owned independent mutual fund dealer and insurance agency based in Markham, Ontario. A retired elderly couple, Mr. and Mrs. I, brought […]

By Staff |November 22, 2012

2 min read