Industry News

Survey finds advisors favour equities, trusts

(December 11, 2003) They have dominated the Toronto IPO market for the past two years. The mainstream media has warned they are a bubble waiting to burst. But income trusts are still one of the most popular investment vehicles for this RRSP season. A survey conducted for The ADVISOR Group has found income trusts are […]

By Steven Lamb |December 11, 2003

2 min read

Late mutual fund trading likely not a concern in Canada, says IFIC

(December 11, 2003) The vast majority of Canada’s mutual fund firms follow strict time-stamping protocols, effectively eliminating the possibility of late trading, according to the country’s investment fund industry association. IFIC officials held a media briefing today in Toronto to respond to the scandals that have plagued the U.S. fund industry. Although the fund industries […]

By Doug Watt |December 11, 2003

2 min read

B.C. planner quitting securities industry in regulatory dispute

(December 10, 2003) A prominent B.C. financial planner is quitting the securities side of the industry in a regulatory dispute with his dealer and the IDA. Bernie Geiss — a fee-for-service planner currently with Berkshire Securities in Vancouver — says he’s selling the investment side of his business in January and resigning from the brokerage […]

By Doug Watt |December 10, 2003

4 min read

RBC foresees strong equities in 2004

(December 9, 2003) Economists at the Royal Bank are predicting a strong year ahead for equity markets, pointing out that while cautious Canadians sit on the sidelines, aggressive Americans are already back in the game. “Canadians are cautious by nature, but with money market returns likely to remain low over the next year, a profit […]

By Steven Lamb |December 9, 2003

2 min read