Industry News

Fund gains largely offset 2008’s losses

The nine-month upward trend on global the stock markets may have dominated business headlines in late 2009, the growth since March has yet to erase the losses of 2008 for most equity-focused mutual funds, according to data from Morningstar Canada. Returns for 2009 were positive for almost all of the equity or balanced fund indices […]

By Steven Lamb |January 5, 2010

3 min read

Briefly:

Still smarting from the lingering recession, the market for initial public offerings (IPOs) of new equity did not see a full recovery in 2009, according to a PricewaterhouseCoopers (PwC) survey. The survey revealed that 2009 ended with 28 new issues on all Canadian exchanges for a total value of more than $1.8 billion, up from […]

By Staff |January 5, 2010

2 min read

Sandwiched boomers feel the squeeze

Boomers are the most affluent generation in history, making them an important group of clients. But advisors are not the only ones who’ve noticed; boomers are being bled dry by family members in other generations, a new study finds. An Investors Group survey of 500 Canadian boomers — aged 43 to 63 — finds a […]

By Mark Noble |January 5, 2010

3 min read

Celebrating Advice: How to deconstruct client debt

Dessa Kaspardlov Chief operating officer Kaspardlov Laverty & Associates/ Manulife Securities Windsor, Ont. Years in the business: 12 Other: author of new book, The Fireman and the Waitress About me I educate my clients about the difference between good and bad debt, and how to capitalize on the good while getting rid of the bad. […]

By Dessa Kaspardlov |January 5, 2010

4 min read