Industry News

Recharging the generator: What can you do to motivate your staff?

Successful advisors are invariably self-motivated. But when we look to motivate our staff, we tend to forget that motivation comes from within. Our instinct is to apply what Frederick Herzberg called KITA: a kick-in-the-a– approach. Over 30 years ago, in a classic Harvard Business Review article, he also told us KITA doesn’t really work. “If […]

By Harvey Schachter |August 8, 2003

3 min read

CPP investments ride market rally

(August 7, 2003) The CPP Investment Board (CPPIB) reported its plan had earned a healthy 5.5% return on pension contributions in the quarter ending June 30, adding $3.1 billion to the pension plan’s coffers. In the previous quarter the board had posted a loss of $1.2 billion. “While our first-quarter results are encouraging, Canadians should […]

By Steven Lamb |August 7, 2003

2 min read

Investors return to mutual funds in July

(August 6, 2003) July was a good month for the mutual fund industry, as investors piled back in to the tune of $300 million, according to estimates from IFIC. “This is the first time that net sales have been positive since last RRSP season. The majority of the sales are likely from long-term funds which […]

By Steven Lamb |August 6, 2003

2 min read

Panel calls for stricter accounting ethics

(August 6, 2003) An international panel of experts has set out guidelines aimed at cleaning up the accounting industry and corporate reporting. The International Federation of Accountants (IFAC) released a report entitled “Rebuilding Public Confidence in Financial Reporting: An International Perspective,” which calls for the creation of codes of conduct and ethics for the corporate […]

By Staff |August 6, 2003

2 min read