Industry News

Stay at home investors risk missing out

(July 21, 2005) Canadian investors may have realized hefty gains over the past three years from their domestic equity holdings, but the complacent investor risks missing out on lucrative opportunities abroad, according to the top managers at Franklin Templeton Investments. “Resource driven markets, and Canada in particular, have been absolute star performers, and we have […]

By Steven Lamb |July 21, 2005

4 min read

Discount firms risk losing successful clients

(July 20, 2005) Discount brokerages may enjoy lower cost structures than their full-service competitors, but they risk losing customers who find success in managing their own accounts, according to the IDA’s latest Wealth Watch report. The brokerage industry association studied a sample of nine discount brokerages and nine full-service brokerages, comparing the performance of their […]

By Steven Lamb |July 20, 2005

3 min read

RBC asks for expanded insurance sales in branches

(July 20, 2005) It’s no secret that Canada’s banks want to sell more insurance products in their branches. Now, RBC, the country’s largest bank, has put that request in writing, asking the federal government to include the controversial change in the Bank Act — scheduled for review in 2006. “Removing the constraints on the ability […]

By Doug Watt |July 20, 2005

3 min read

AIM Trimark tops list of service providers

(July 19, 2005) AIM Trimark Investments received top marks in a recent survey of technology and internet services provided by Canadian and U.S. financial services companies. Leading a group of 20 U.S. firms and four Canadian firms, the company ranked number one overall in the Benchmarking Internet Servicing of Advisors report, created by Forest Hills, […]

By Kate McCaffery |July 19, 2005

3 min read