Industry News

Fee-based accounts a

In the U.S., the controversial fee-based account has dwindled in popularity, but Canada’s still moving full steam ahead with the non-commission advisory model. Just because our financial industry is still promoting the account, however, doesn’t mean we’re not faced with the same problems that derailed the option down south. At Advisor Group’s Compliance Matters Summit […]

By Bryan Borzykowski |April 16, 2008

4 min read

Police need power to prosecute economic crime: Wilson

The Ontario Securities Commission is calling on legislators to give police more power to crack down on financial crime. Speaking to an Economic Club of Toronto luncheon on Wednesday, OSC chair David Wilson said, “it’s time to carefully study the idea of giving police some new, but very carefully circumscribed powers to investigate economic crime.” […]

By Bryan Borzykowski |April 16, 2008

2 min read

On The Shelf:

(April 15, 2008) DundeeWealth has introduced a new corporate class fund that will be distributed in Europe. The Dynamic Investment Fund has six sub-fund offerings — Dynamic Power Canadian Growth Fund, Dynamic Focus & Resource Fund, Dynamic Precious Metal Funds, Dynamic Power American Growth Fund, Dynamic Global Dividend Value Fund and Dynamic Global Discovery Fund. […]

By Staff |April 15, 2008

1 min read

Briefly:

(April 15, 2008) We’ve heard it many times before: defined benefit pension plans are on the decline. But this is partially due to regulations that foster employers’ under-funding of the plans, according to a new report from C.D. Howe Institute. The report, called Lifting the Lid on Pension Funding, notes what’s particularly harmful is the […]

By Staff |April 15, 2008

2 min read