How is Distribution evolving, and what are the forces at play in this evolution? Will MGAs get their own self-regulatory organization? Does the MFDA, and the distribution model it oversees, have a future?Is there a place for smaller players in the emerging landscape, or does the writing on the wall say only big guns need apply? What does the evolution of the distribution space mean for advisors, and the clients they serve?
In May, the B.C. Supreme Court heard the Finance Department’s challenge to the decade-old ruling on the reach of anti-money laundering legislation in Canada, and industry execs predicted the outcome would affect advisors. The original version of the Proceeds of Crime (Money Laundering) Act, which gave birth to FINTRAC, was adopted in July 2000. Following […]
A recent SEI Wealth Insight Initiative roundtable suggests that fear of negative outcomes and a lack of confidence in heirs are two of the biggest barriers to families sustaining and growing wealth over time. The roundtable gathered small groups of wealthy families—those with more than $5 million in investable assets—to discuss their experiences and offer […]
Building you own financial plan is easy, and almost nobody needs an advisor. Right?
Will there be a tighter or looser monetary union in the eurozone in 10 years? What steps should be avoided in dealing with the eurozone debt crisis? These are some of the questions Jens Larson, RBC’s top economist in Europe, addressed at an Economic Club of Canada lunch in Toronto. The ‘no-go’ solutions Larson rules […]
The 7.4 magnitude earthquake that hit Japan today will likely not have a major, lasting impact on the markets, says Tom Goggins, senior manager of the Manulife Strategic Income Fund.
What are the forces at play in the Distribution industry? Does the MFDA, and the distribution model it oversees, have a future?
This month’s features an insurance debate between whole life or universal life. The debate was moderated by Dean DiSpalatro and Vikram Barhat. Universal Life Subject: Brett Simpson, chairman of Rogers Financial Group and a trustee for the Institute for Advanced Financial Education What is it and who is it for? The easiest way to describe […]
|| Take the Poll || Client Letter || Full Budget Speech || Summary of Measures || Economic, Fiscal Outlook || Financial Resolutions || While this year’s budget contains some tax breaks for average Canadian families, the changes aren’t much to get excited about. Fred O’Riordan, national tax advisor at Ernst & Young, says he wasn’t […]
The Alberta Court of Appeal ruled today that the federal government’s proposed legislation for a national securities regulator is unconstitutional. “It is neither appropriate nor necessary for this Court to try and determine whether it is ‘better’ for Canada to have a national, as compared to a provincial, system of securities regulation,” the ruling says. […]