Industry News

Turnover an issue at western regulator: audit

Produce more substantial enforcement results over the next fiscal year. Expeditiously complete investigation reports for all current investigations. Clarify and define Chief Counsel duties, create specific performance objectives and include these duties and functions in the Investigations and Enforcement Policies and Procedures Manual. Reconsider hiring a separate Manager of Investigations to manage files and allow […]

By Steven Lamb |September 16, 2005

3 min read

Fund companies bet on new advertising strategies

(September 16, 2005) It’s no wonder the mutual funds offered by banks are attractive to clients — the banks and a select few mutual fund companies are the only entities trying to reach consumers directly these days. Recent announcements from Fidelity and Dynamic Mutual Funds, however, could signal the beginning of a new cycle that […]

By Kate McCaffery |September 16, 2005

3 min read

Saskatoon college launches financial assistant diploma program

(September 15, 2005) As it pushes its centennial year, the Saskatoon Business College has started up a program for assistants in the financial services sector. The first of its kind in Saskatchewan, the 10-month, five-hour a day diploma program kicked off earlier this month for the purpose of fast-tracking students into the work force upon […]

By Heidi Staseson |September 15, 2005

4 min read

August caps solid summer for fund sales

(September 15, 2005) Strong sales in August rounded out what has been the best summer for the mutual fund industry since 1997. IFIC reports that net sales for August were $1.8 billion, down slightly from $1.9 billion in July. “This represents a healthy showing for our industry and Canadians’ continued interest in investing over the […]

By Mark Brown |September 15, 2005

2 min read