Industry News

Doubt and designations

The recent spotlight on financial products hasn’t been limited to complex mortgage-backed products. Insurance-based products have had their share of recent attention, especially when it comes to beneficiary designations. Several court cases involving beneficiary designation disputes underscore the importance of reviewing these designations and ensuring that they are up-to-date and in accordance with a client’s […]

By David Wm. Brown |July 12, 2010

9 min read

Selling Small Business Shares

Almost every succession plan for business owners involves the disposition of corporate shares. It might happen as part of an estate freeze, other reorganization or an outright sale to the next generation. Although share dispositions, including sales and transfers, often result in the realization of capital gains, there are opportunities clients should certainly take advantage […]

By Gena Katz |July 12, 2010

3 min read

Xers Need a Plan

During late 2008 and throughout 2009, plenty was said about the plight of baby boomers for whom retirement was looming. But what of the next generation in line? Advisors, busy helping nervous boomers, didn't have a lot of time to devote to Canadians between the ages of 30 and 45. In fact, a 2008 Dollars […]

By Philip Porado |July 12, 2010

3 min read

IIROC Eyes Outside Business Activity

Compliance officers and branch managers should keep an eye on their reps for any evidence of outside business activity. A look at several recent hearing notices issued by the Investments Industry Regulatory Organization of Canada (IIROC) shows the regulator taking registered persons to task when they sell products outside their registration mandates. Among the actions […]

By Philip Porado |July 12, 2010

3 min read