Industry News

ASC sweep of EMDs results in firm termination

The overall sweep revealed deficiencies in all areas tested

By Staff |May 10, 2017

2 min read

Insurers lose genetic testing fight

Canadian insurers can no longer ask applicants to disclose genetic test results

By Susan Goldberg |May 10, 2017

3 min read

Sun Life Financial reports 13% increase in wealth sales for Q1

Sun Life Financial reports net income of $551 million for the quarter ended March 31, 2017, compared to $540 for Q1 2016. The firm reports global assets under management (AUM) of $927 billion for the quarter, compared to $861 billion for Q1 2016. Reported earnings per share are $0.89 (fully diluted), compared to $0.88 in […]

By Staff |May 10, 2017

2 min read

Fidelity Investments launches multi-sector bond fund

Fidelity Investments Canada has launched Fidelity Multi-Sector Bond Fund, managed by portfolio managers Jeff Moore and Michael Plage. Read: Those bond funds are doing just fine The fund invests across multiple fixed-income sectors, including government bonds, corporate bonds, high-yield bonds and floating-rate debt securities. The fund aims to provide a steady flow of income and […]

By Staff |May 10, 2017

1 min read