Industry News

Advocis given leave to intervene in Supreme Court case

Industry group Advocis has been given leave to intervene in a Supreme Court of Canada case that will decide whether or not banks must license employees selling insurance products. In the case Canadian Western Bank v. Alberta, eight Canadian banks are challenging the applicability of Alberta’s Insurance Act to any insurance sales that banks are […]

By Kate McCaffery |March 15, 2006

3 min read

February sees return to foreign funds

Canadian mutual funds enjoyed healthy sales in February, with net new sales of long term funds totaling $4.9 billion, according to the monthly data from IFIC. Adding in re-invested distributions of $605 million, net sales climbed to $5.5 billion. “Canadians are making a concerted effort at ensuring their financial requirements are met,” said Joanne De […]

By Steven Lamb |March 15, 2006

3 min read

A consumer’s perspective

(March 2006) I’m definitely one consumer who wants high-quality product and service for the lowest possible price. But if I see added value in your services, I won’t hesitate to pay up and shut up. Case in point: my fiancé and I are currently paying an interior designer to revamp our kitchen. The fees aren’t […]

By Deanne Gage |March 14, 2006

3 min read

Responsible investing awareness slowly growing

Around the world, institutional asset managers say responsible investment considerations are coming to the forefront as globalization, as well as social and environmental issues, begin to have a larger impact on performance and the markets. A survey of 157 money managers, conducted by Mercer Investment Consulting, found that environmental issues like climate change feature less […]

By Kate McCaffery |March 14, 2006

4 min read