Industry News

Advisors drafted into war on terror

Advisors attending the Independent Financial Brokers Summit in Toronto had a bit of a wrench thrown at them among the standard sessions on new products and business strategies. J-P Bernier, vice-president and general counsel of the Canadian Life and Health Insurance Association, began his seminar with one question: “Are you unknowingly financing terrorism?” Bernier says […]

By Mark Noble |June 5, 2007

4 min read

Briefly:

(June 4, 2007) Dundee REIT is getting lighter. The company announced Monday that GE Real Estate is buying Dundee’s Ontario, Quebec and Newfoundland assets for $2.4 billion. GE will pay $165 million for outstanding units of Dundee REIT at $47.50 per unit. The move will give GE Real Estate about an 18% equity interest in […]

By Staff |June 4, 2007

3 min read

Advocis dusts off RHU

Advisors looking for an edge in the increasingly competitive living benefits market should bear in mind that competence and education go a long way with both clients and regulators. It was with this in mind that Advocis revamped its Registered Health Underwriter designation. “The RHU designation gives advisors a competitive advantage in the marketplace,” says […]

By Steven Lamb |June 4, 2007

3 min read

Canadian equity funds surge in May

Canadian equity funds were a hot commodity last month, as the Natural Resource Equity Fund Index led Morningstar’s 42 Canada Fund Indices. The domestic stock market had a good run overall last month, with high activity in the M&A market and a strong Canadian economy contributing to the positive results. The S&P/TSX Composite Index jumped […]

By Bryan Borzykowski |June 4, 2007

2 min read