Industry News

Investors will benefit from a single regulator: CBA chief

Goodale ready to move on regulatory reform Single securities regulator forecast for 2005 National securities regulator would save $40 million a year, study says Regulatory reform goes beyond politics, Phelps says Federal committee calls for single national securities regulator Longer term, if Protti’s predictions prove accurate, the single-regulator concept has other applications for simplifying the […]

By Art Melo |April 28, 2004

3 min read

Mackenzie sheds light on fund fees

(April 27, 2004) In an effort to clear up the confusion over fees charged by mutual fund companies and their advisors, Mackenzie Financial has produced a booklet on the topic called “Fees and Mutual Fund Investing: The Facts.” Mackenzie Financial president David Feather says the publication is an attempt to help investors understand what they’re […]

By Doug Watt |April 27, 2004

3 min read

Briefly:

(April 30, 2004) Today is the deadline for filing taxes and while your clients no doubt had them in weeks ago, there are bound to be some Canadians left scrambling to meet the midnight cut-off. Those owing money to the government will face an instant penalty of 5%, plus another 1% for each month until […]

By Staff |April 26, 2004

9 min read

Advice rules in changing investment landscape, says researcher

(April 26, 2004) Despite stiff competition from banks and discount brokers, financial advisors control the bulk of Canada’s wealth market, says Earl Bederman, head of financial research consultancy Investor Economics. The advice channel held 55% of the country’s wealth market at the end of 2002, Bederman said in a recent presentation to financial writers and […]

By Doug Watt |April 26, 2004

3 min read