Industry News

Blended families need special attention

(August 4, 2004) While everything always worked out in the end for the Brady Bunch, life is rarely so neatly wrapped up in 30-minute segments. So-called blended families — those created by the marriage of spouses with children from a previous relationship — face unique financial challenges, according to one expert. “From a financial planning […]

By Steven Lamb |August 4, 2004

3 min read

Briefly:

(August 6, 2004) Manulife Financial has released its latest earnings report, posting a massive 71% increase in earnings thanks in large part to last year’s acquisition of John Hancock Financial Services. Excluding the $166 million earned by Hancock in the two months since the deal was completed, Manulife earnings increased by $108 million, or 28%, […]

By Staff |August 3, 2004

3 min read

Firms catering to independent advisors’ needs amid competitive marketplace

(August 3, 2004) When Henry Ford first came out with his Model T car in 1909, he told customers they could have one in any colour they wanted — as long as it was black. Flash forward to modern times where a similar situation existed in Canada’s financial services industry, as advisors had very little […]

By Geoff Kirbyson |August 3, 2004

4 min read

Fund sales success concentrated

(July 30, 2004) While mutual fund sales have continued to turn in positive monthly performances so far this year, some startling trends have emerged, according to the July issue of Investor Economics Insight. The strongest inflows were not only concentrated among a handful of manufacturers, but were also concentrated among key funds at those firms. […]

By Steven Lamb |July 30, 2004

2 min read