Industry News

Rogers to roll out new Advisor publication

(December 10, 2004) Rogers Media is launching a new publication aimed at financial advisors. The first issue of Advisor’s Edge Report will be available January 19, 2005. The new monthly publication joins several other properties in The ADVISOR Group offering focused coverage for the Canadian financial advisor community. These include Advisor’s Edge magazine, as well […]

By Staff |December 10, 2004

2 min read

Advisor Forum update: Structured products here to stay

(December 10, 2004) While advisors may have mixed reactions to structured products, they can’t deny their popularity and growth potential, according to the president of OpenSky Capital. Sales have topped $7.7 billion with an anticipated 50% growth rate over the next five years, says Steven Marshall, whose firm offers absolute return products. “Whether or not […]

By Deanne N. Gage |December 10, 2004

3 min read

CPP financially sound until at least 2050

(December 9, 2004) The Canada Pension Plan is in no danger of running out of funds, according to the federal government’s latest actuarial report, with assets expected to rise to $1.5 trillion by 2050. The report assumes an annual contribution rate of 9.9%, divided between employees and employers. Total assets are expected to grow from […]

By Doug Watt |December 9, 2004

2 min read

IDA firms recovering from weak summer months

(December 9, 2004) The Canadian securities industry struggled through the third quarter, marking the second consecutive three-month period of weakness, according to the IDA’s quarterly survey of its members. While revenues were off about 8% quarter-over-quarter, operating profits climbed 2% to $635 million, thanks in a large part to a 13% decrease in operating expenses. […]

By Steven Lamb |December 9, 2004

3 min read