Industry News

CIFPs strikes E&O insurance deal for members

(May 7, 2003) The Canadian Institute of Financial Planners has negotiated a deal with ACE Canada to provide errors and omissions (E&O) insurance for its members. Participants must hold the CFP designation and take an E&O training course to qualify for the plan. Annual premiums are priced at $800, plus taxes, for coverage of up […]

By Doug Watt |May 7, 2003

2 min read

Dealers candid about tough issues facing industry in May’s Advisor’s Edge

(May 6, 2003) For those looking for a different perspective on the issues facing dealer firms and the industry as a whole, the May issue of Advisor’s Edge features insights from the heads of four leading Canadian dealer firms — views that are anything but sugar-coated, according to the magazine’s managing editor. “What impressed me […]

By John Craig |May 6, 2003

2 min read

Growing institutional, HNW interest boosts social investment sector

(May 6, 2003) Canada’s socially responsible investment managers have managed to maintain their market share of investment assets thanks to growing interest from smaller institutions and high net-worth investors, according to a report released yesterday by the Social Investment Organization (SIO). Total assets managed according to social responsibility guidelines stood at $51.4 billion as of […]

By Doug Watt |May 6, 2003

3 min read

Dundee’s deal for IPC collapses

(May 5, 2003) Dundee Wealth Management’s proposed acquisition of Investment Planning Counsel of Canada (IPC) Financial Network has been called off amid regulatory complications. In a joint statement released Friday, May 2, the two companies said they were terminating the transaction, estimated to be worth $150 million. Dundee’s takeover of IPC was first announced last […]

By Doug Watt |May 5, 2003

2 min read