Industry News

Briefly:

(October 17, 2008) While Canada may be heading into a recession, with job losses in manufacturing mounting, there is one industry that seems to struggle to fill its ranks: insurance. “The recruiting pyramid has been flipped upside down,” says Donald Givelos, founder of DGA Careers, which specializes in recruiting for the insurance industry. “Years ago, […]

By Staff |October 17, 2008

4 min read

Charlie Spiring offers tips to survive the bear

He may be CEO of one of the country’s fastest-growing independent investment firms, but Wellington West’s Charlie Spiring was in advisor mode on Wednesday evening as he explained to more than 600 clients and prospects in Toronto how they could weather the bear market. The Winnipeg-based Spiring remains a personal advisor on more than $700 […]

By Mark Noble |October 16, 2008

5 min read

Briefly:

(October 16, 2008) Advisors might be excited about the new Tax-Free Savings Accounts that come into effect on January 1, but how about your clients? According to a new Investors Group poll, only 46% of Canadians plan to open a TFSA, while 17% of those expect to invest the full $5000 amount. The poll found […]

By Staff |October 16, 2008

1 min read

CI Financial to convert to a corporation

CI Financial has announced that it will convert back to a corporate structure, ahead of the January 1, 2011, imposition of a new tax regime that will eliminate the advantages of the income trust structure. “The unprecedented situation in today’s markets has created attractive opportunities for acquisitions in the asset management business,” said CEO William […]

By Steven Lamb |October 15, 2008

1 min read