Industry News

Sun Life to launch retirement product in 2018

Sun Life plans to launch what it calls “a next-generation target date solution” for group savings plan members in Canada. Available in 2018, the retirement product will be a first for the Canadian market, the firm says in a release. Read: Sun Life Financial expands mental health plan Members will choose a retirement income target, […]

By Staff |July 5, 2017

1 min read

Don’t try to predict long-term rates

Monitor interest rate news only so you can manage your portfolio

By Sarah Cunningham-Scharf |July 5, 2017

3 min read

Credit unions fight back at banks’ exclusive use of industry terms

If your client has an account at a credit union, she might have to get used to some new terminology. That’s because the Office of the Superintendent of Financial Institutions (OSFI) is cracking down on who gets to use the words “bank,” “banker” and “banking.” The crackdown is part of Advisory 2017-01, which OSFI issued […]

By Staff |July 4, 2017

2 min read

Clients with questions can find answers with IFIC

IFIC has launched its Investor Centre, with content to help clients navigate their finances. Read: Most Canadians fail basic financial literacy test In addition to articles on saving and investing, the new website contains a Life Stages section with articles on starting a business, preparing for a new baby, changing jobs, caring for loved ones, […]

By Staff |July 4, 2017

1 min read