Industry News

Court rules on interest deductibility

(March 5, 2004) The Supreme Court of Canada has ruled on the much-talked about case of Gifford v. Canada — the income tax appeal of a financial advisor who wrote off the interest on a loan used to buy a colleague’s book. “The agreement to pay $100,000 to purchase accumulated goodwill and the agreement not […]

By Steven Lamb |March 5, 2004

4 min read

Columnist sparks DSC debate

(March 5, 2004) An online news article criticizing advisors who sell back-load or deferred sales charge (DSC) mutual funds provoked an angry response this week in Advisor.ca’s Talvest Town Hall. The article, written by columnist Wayne Cheveldayoff and distributed to various financial Web sites by CP Online, was titled “Investors should avoid advisors who insist […]

By Doug Watt |March 5, 2004

3 min read

IPC to remain advisor friendly, CEO pledges

(March 4, 2004) Steve Meehan says he understands the fear that Investor Group’s (IG) takeover of his firm has created among its advisors — the CEO of IPC Financial Network says if he was an advisor, he’d feel the same way. But Meehan is convinced the firm’s 600 advisors will be supportive once they realize […]

By Doug Watt |March 4, 2004

3 min read

Is Your Practice High Net Worth Ready?

Is your practice high net worth ready? It’s a market that can be hard to reach and it is also a misunderstood market. Here is an article from TD Mutual Funds that gives some insight into what it takes to prepare your practice to meet the needs of High Net Worth investors. Download Is Your […]

By Staff |March 3, 2004

1 min read