Industry News

Mutual fund assets increase 14.2% in one year

Canadians show no signs of slowing down when it comes to investing in mutual funds. IFIC reports that, for the month ending April 30, 2017, assets under management (AUM) for the mutual funds industry reached $1.42 trillion, compared with $1.39 trillion the previous month. Read: No trailers for advice unless you provide advice, says IFIC […]

By Staff |May 25, 2017

1 min read

Canadian youth rank second in financial literacy: OECD

Canadian youth surpass their global peers when it comes to financial literacy. Whether that means Canadian advisors have an easier or harder job compared to their own global peers can be left for you to decide. A survey from the Organization for Economic Co-operation and Development (OECD) finds that 87% of Canadian students perform at […]

By Staff |May 25, 2017

2 min read

TD lowers trailers, but doesn’t seem to pass savings to clients: Conseiller exclusive

It's unethical, say advisors

By Conseiller.ca Staff |May 25, 2017

1 min read

CIBC, Royal Bank, TD declare dividends; Mackenzie reports ETF distributions

CIBC reports that its board of directors declared a dividend of $1.27 per share on common shares for the quarter ending July 31, 2017, payable on July 28, 2017. As previously announced on May 4, 2017, in the event that the merger between CIBC and PrivateBancorp is imminent but not completed as of June 28, […]

By Staff |May 25, 2017

4 min read