Industry News

Briefly:

(May 28, 2004) The annual offering of Ontario savings bonds begins today, the province’s finance minister announced. The province is selling three types of bonds until June 18: Step Up Bonds, Fixed Rate Bonds and Variable Rate Bonds. The five year Step Up Bond interest rates are 1.7% this year, 3% next year, 3.5% in […]

By Staff |May 25, 2004

6 min read

Drilling down: Advocis conference heads west

(May 25, 2004) After a successful Newfoundland outing in 2003, Advocis is heading west this year to Calgary for its annual advisor conference, which gets underway later this week. The theme of the yearly gathering of financial advisors — staged at the Telus Convention Centre May 26 to May 29 — is “Drilling down: shifting […]

By Staff |May 25, 2004

2 min read

Aegon introduces advisor financing program

(May 25, 2004) The mutual fund dealer arm of Aegon Canada is joining forces with a bank to offer a financing program for advisors interested in purchasing books of business. Aegon Dealer Services runs the Money Concepts franchise in Canada. The program, a joint effort of Aegon, Money Concepts and BMO Bank of Montreal, will […]

By Doug Watt |May 25, 2004

2 min read

Time travel: Morningstar rates quarter-century club

(May 21, 2004) In today’s 5,000-plus mutual fund universe, it’s hard to fathom a time when the Canadian market consisted of just 120 funds. But that was in the case in 1979 and Morningstar Canada has done a bit of number-crunching to see how those veteran funds performed over the past 25 years. Three of […]

By Doug Watt |May 21, 2004

2 min read