Industry News

Payout vehicle brings PowerShares to Canada

The company announced the launch of the Invesco Trimark Retirement Payout Portfolios on Monday. It’s a non-guaranteed retirement income product — similar to those launched recently by Fidelity and BMO — that combines Trimark, AIM and Invesco mutual funds with PowerShares ETFs. Investors can choose from four portfolio horizon dates (maturing in 2023, 2028, 2033 […]

By Mark Noble |June 2, 2008

4 min read

Briefly:

(May 30, 2008) Henri-Paul Rousseau, president and CEO of Caisse de dépôt et placement du Québec, announced Friday that he was leaving the organization. Rousseau, who has been with the Caisse since September 1, 2002, will join both Power Corporation and Power Financial on January 1, 2009. According to a release by Power, Rousseau will […]

By Staff |May 30, 2008

3 min read

Underwriting tip: leave no blanks

Related stories How to get your policies approved faster Premium Advice: Help your client avoid an insurance denial Think like an underwriter The feedback seemed to have the desired effect — by the final six weeks, returned applications dropped to zero. Not only did the carrier and the MGA benefit from the reduced workload, but […]

By Steven Lamb |May 30, 2008

4 min read

Briefly:

(May 29, 2008) Assuris has elected two new members and re-elected two members to its board of directors. The two new members are James M. Farley, Q.C., senior counsel to McCarthy Tétrault LLP and former supervising judge of the Commercial List in Toronto and Greg Traversy, recently retired president of the Canadian Life and Health […]

By Staff |May 29, 2008

4 min read