Industry News

Shifting mortgage strategies

Mortgages holders have been having a blast with the lowest interest rates they will likely see in their lifetimes. However, it now looks as though the economy has been doing so well in rehab that the low interest diet is changing to something with a little more protein. Although Mark Carney and the Bank of […]

By Brenda Craig |April 21, 2010

3 min read

Volcano fallout could impact commodities

Eyjafjallajökull is not just a word people can’t pronounce. It is the picture of a global crisis smeared with plumes of ash and dire financial repercussions. First the airline industry, then tourism, and now cargo – industry after industry is falling prey to the knock-on effects of the current volcanic eruptions in Iceland. These eruptions […]

By Vikram Barhat |April 21, 2010

3 min read

High-net-worth mystery shoppers

Is your prospective client a gruff millionaire who makes stiff demands and is given to secretly scribbling copious notes? Watch out, he or she could be a mystery shopper trained to test your mettle—and merit—as an advisor. But wait, there’s no way you can call the bluff. UBS, the global financial services firm, has perfected […]

By Kanupriya Vashisht |April 21, 2010

7 min read

Investor advocates respond to POS controversy

From coast-to-coast, advocates of investor education have sharply reacted to the discontent shown by the mutual funds sector over the proposed POS disclosure obligations. “Investors want to be able to make informed decisions and require information before they buy, like every other product,” says Ken Kivenko, president of Kenmar Associates in Toronto. “These investments are […]

By Vikram Barhat |April 21, 2010

2 min read