Industry News

HNW investors question advisors’ motives

It’s a classic conundrum. Advice is nice, but are advisors’ intentions noble? While the majority of high net worth (HNW) clients are satisfied with advisory services, there remains a small segment that’s skeptical about where advisors’ interests and priorities lie, according to a survey conducted by BlackRock Asset management Canada Limited. The High Net-Worth Investors […]

By Vikram Barhat |May 27, 2010

2 min read

National watchdog plan gains support

Blog Polls The news of Finance Minister Jim Flaherty’s proposed plan for a national securities regulator has received a warm welcome by the financial industry. Members of the industry are certain that, when passed, the national watchdog will bring in cost effectiveness, improved governance and improved investor confidence. “I’m quite pleased with a number of […]

By Vikram Barhat |May 27, 2010

3 min read

More pension options needed for self-employed: OMA

Blog Polls The Ontario Medical Association is petitioning the federal minister of finance to consider changing the Income Tax Act to help self-employed doctors to establish pension plans. “Factors including an aging population retiring earlier, diminishing personal RRSP contributions and limited social security funding have led the OMA to call for more pension options to […]

By Matthew Sylvain |May 26, 2010

2 min read

Briefly:

Canadian publicly traded companies have only seven months to convert their accounting practices to International Financial Reporting Standards (IFRS), and yet half of them are less than 60% of the way through the process, according to a survey sponsored by PricewaterhouseCoopers (PwC). The new reporting regime comes into effect January 1, 2011, and will require […]

By Staff |May 26, 2010

2 min read