Industry News

IFIC looking for guidance on foreign content

(March 1, 2005) IFIC is asking Canada’s securities regulators for guidance in the wake of the federal government’s proposal to scrap the 30% foreign content limit for RRSPs and pension funds. The mutual fund industry association held a meeting with fund managers on Monday and has contacted the Canadian Securities Administrators “to try to clear […]

By Doug Watt |March 1, 2005

3 min read

CPP awareness still lacking, poll suggests

(March 1, 2005) If the growing number of Canadians opposed to mandatory retirement is any indication, traditional goals and dreams are shifting and retirement expectations are perhaps becoming more realistic. On the other hand, many people don’t have a solid understanding of pensions, and the personal planning needed to cover their income needs in retirement. […]

By Kate McCaffery |March 1, 2005

3 min read

Briefly:

(March 4, 2005) Canada’s two main accountancy groups have called off talks aimed at a merger. Last May, Certified Management Accountants of Canada (CMA Canada) and the Canadian Institute of Chartered Accountants (CICA) announced the commencement of formal talks to create a single association that would have had more than 100,000 members. But the talks […]

By Staff |February 28, 2005

10 min read

New treasurer’s association launches in Canada

(February 28, 2005) The newest association on the street doesn’t cater directly to financial advisors, but it could have an impact on market practices, that is if it gets past being just another association. The Association for Financial Professionals (AFP) of Canada is primarily aimed at treasury and finance types, the cash handlers in the […]

By Kate McCaffery |February 28, 2005

2 min read