Industry News

Wealth market continues to grow

(February 9, 2005) Advisors have heard time and again that to prosper they need to segment their client base, winnow out the chaff and focus on the high end of their market. The good news for those pursuing high-net-worth (HNW) clientele is that the market continues to grow, both in Canada and internationally, according to […]

By Steven Lamb |February 9, 2005

3 min read

CSA publishes soft-dollar paper

Regulator set to introduce soft-dollar paper Soft dollars part two: Meanwhile, down south . . . The paper also provides some recent regulatory history on soft-dollar arrangements in the U.S., Britain and Australia, and asks a number of questions directly related to soft dollars, such as: How does an advisor ensure that such arrangements are […]

By Doug Watt |February 8, 2005

2 min read

Middle class embrace RRSPs: IDA

(February 8, 2005) Contrary to perceptions, RRSP investments are not the sole domain of the affluent, according to the February edition of the IDA’s Wealth Watch. Of the nearly 6 million Canadians who claimed RRSP contributions on their 2003 tax filing, 75% (or about 4.5 million) claimed employment income of $63,100 or less. As a […]

By Steven Lamb |February 8, 2005

2 min read

Same-sex marriage simplifies estate planning

(February 8, 2005) Debate has raged over rights and discrimination ever since former prime minister Jean Chrétien unveiled draft legislation addressing the definition of marriage back in July 2003. The question of constitutional rights aside, same-sex marriage may actually simplify estate-planning laws across Canada, says Winnipeg estate-planning lawyer John Poyser. Unless they are personally affected, […]

By Kate McCaffery |February 8, 2005

3 min read