Industry News

First guaranteed target date fund matures…early

While the whole guaranteed target date fund industry is still in early adoption stages, the first of the funds have matured nine months early because it’s virtually impossible for the funds’ performance to exceed their current maturity value. For IA Clarington, the target date fund process has been a success. The firm recently announced an […]

By Mark Noble |July 14, 2009

3 min read

Briefly:

Douglas G. Hall, chair, Nova Scotia Business Inc. The Honourable Tom Hockin, chair, Expert Panel on Securities Regulation Harold MacKay, former managing partner and chairman, MacPherson Leslie & Tyerman LLP Jean Martel, partner, Lavery Joseph J. Oliver, past president and CEO, Investment Dealers Association of Canada The scholarship will be awarded to an employee of […]

By Staff |July 13, 2009

3 min read

When not to IPP

While individual pension plans can be a sound solution for some entrepreneurs and executives, when it comes to retirement planning, one size never fits all. Mike Lynch, corporate specialist with Lynchpin Wealth and Transition Management, says IPPs tend to be somewhat oversold, but notes they aren’t optimal for a majority of Canadian small businesses that […]

By Kanupriya Vashisht |July 13, 2009

4 min read

Montreal

Details are sketchy, but according to Quebec’s security regulator, an unlicensed “advisor” based in Montreal may have committed one of the worst financial frauds in Canadian history. Bertram Earl Jones, the principal owner of a west-Island based advisory practice called Earl Jones Consultant and Administration Corp. — not to be confused with the large advisory […]

By Mark Noble and Claude Couillard |July 13, 2009

3 min read