Industry News

No place like home, retirees say

Retired Canadians aren’t budging. According to an Ipsos Reid survey conducted for HomEquity Bank (provider of CHIP Home Income Plan), 61% of retired Canadians intend to stay in their current home as long as possible after retirement.

By John Powell |August 10, 2011

1 min read

Why older clients complain

Most financial complaints in Canada are made by those 60 years of age and older. So in honour of Seniors’ Month, the Ombudsman for Banking Services and Investments has released a list of common financial issues affecting seniors. A frequent theme of these complaints is that the faith the senior placed in somebody was either […]

By Melissa Shin |August 10, 2011

2 min read

Regulators are underfunded

Nobody ever tells investors that financial industry regulation is a business, too. Unfortunately, that’s the reality many wronged investors come to realize after they get burned by lax securities enforcement or weak accounting and auditing rules. Advisors only need to follow the money to understand why there isn’t greater protection for their clients’ investments.

August 10, 2011

6 min read

Active managers excel in Q2

A little volatility can be a good thing if you’re an active manager. Q2 saw 68% of active managers beat the index, according to the Russell Active Manager report. That’s a massive improvement from just 39% in Q1. The bar was set pretty low, as the S&P/TSX Composite Index declined 5.2% in Q2, dragged lower […]

By Staff |August 10, 2011

2 min read