Industry News

Financial literacy only half the battle

A recently released study of financial literacy among Ontarians found that most people had a basic grasp of financial concepts yet struggled to apply them to their personal situations. “We found that certain financial concepts are reasonably well understood by the majority of Ontarians,” says Tom Hamza, president of the Investor Education Fund. “But this […]

By Staff |June 15, 2011

2 min read

Standard Life teams with Qtrade

The Standard Life Assurance Company of Canada has teamed up with Qtrade Financial Group in a strategic alliance to launch a series of joint projects, to be rolled out over the coming year. The first project will offer the Qtrade Investor online brokerage platform to Standard Life’s independent advisors outside Quebec. “The new alliance is […]

By Staff |June 15, 2011

1 min read

New directions for distribution

How is Distribution evolving, and what are the forces at play in this evolution? Will managing general agents (MGAs) get their own self-regulatory organization? Does the Mutual Fund Dealers Association (MFDA), and the distribution model it oversees, have a future? Is there a place for smaller players in the emerging landscape, or does the writing on the wall say only big guns need apply? What does the evolution of the distribution space mean for advisors, and the clients whom they serve?

By Staff |June 15, 2011

10 min read

First PowerShares listed in Canada

Invesco has listed two PowerShares ETFs on TSX today, the company’s first-ever ETF launch on a Canadian exchange. “The arrival of PowerShares ETFs on TSX establishes an exciting new footprint in the Canadian marketplace, expanding the range of next-generation ETF solutions available to investors in Canada,” said Ben Fulton, Invesco PowerShares managing director of global […]

By Staff |June 15, 2011

1 min read