Industry News

Expats face complex RRSP rules

Very few global companies are headquartered in Canada, yet our global economy requires professionals to interact on the world stage. As such, many professionals, seeking an edge, opt to work abroad. As can be expected, this choice comes with a plethora of logistical problems; it also can mean significant financial losses or gains depending on […]

By Romana King |January 23, 2008

5 min read

Rate cuts staunch market losses

North America’s central banks have moved to curb the panic that gripping equity markets, with the U.S. Federal Reserve slashing its key rate by 75 basis points, the biggest single rate cut in 23 years. The U.S. federal funds rate now stands at 3.5%, while the discount rate now stands at 4%. The U.S. rate […]

By Steven Lamb |January 22, 2008

1 min read

On The Shelf:

(January 22, 2008) Saxon Financial has launched an advisor-friendly series for all of its funds, which includes a front-end load and a 1% trailer commission. “In launching Advisor Series, Saxon recognizes the value of professional financial advice while maintaining its commitment to fair pricing,” said Allan Smith, president and CEO. “Saxon believes in tailored, fair […]

By Staff |January 22, 2008

2 min read

CFAs offered guidance on executive pay

When markets tank, executive compensation becomes a hot topic — nothing adds insult to injury to shareholders than overpaid executives. But just as superior fund performance can justify higher MERs, analysts are willing to forgive giant CEO paydays if their companies demonstrated relative strength. The big question is how is this determined? The CFA Institute, […]

By Mark Noble |January 22, 2008

4 min read