CRM – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Tue, 30 May 2023 18:44:20 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png CRM – Advisor's Edge https://phoenix.advisor.ca 32 32 OSC’s Investor Advisory Panel to focus on crypto, CRM3 in year ahead https://phoenix.advisor.ca/news/industry-news/oscs-investor-advisory-panel-to-focus-on-crypto-crm3-in-year-ahead/ Tue, 30 May 2023 18:44:20 +0000 https://www.advisor.ca/?p=226093 The IAP is also pushing for reforms to the dispute resolution process

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]]> CSA, CCIR double down on total cost reporting pledge https://phoenix.advisor.ca/news/industry-news/csa-ccir-double-down-on-total-cost-reporting-pledge/ Mon, 20 Jun 2022 17:56:47 +0000 https://www.advisor.ca/?p=210910 Consultation on improving, harmonizing fund disclosure remains open until July 27

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]]> Total cost reporting is coming https://phoenix.advisor.ca/magazine-archives_/advisors-edge_/total-cost-reporting-is-coming/ Mon, 14 Mar 2022 14:00:43 +0000 https://www.advisor.ca/?p=206455 Five years into CRM2, the cracks are showing

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]]> New SRO, total cost reporting on tap for 2022, Morisset says https://phoenix.advisor.ca/news/industry-news/new-sro-total-cost-reporting-on-tap-for-2022-morisset-says/ Wed, 29 Sep 2021 19:27:05 +0000 https://www.advisor.ca/?p=200564 The CSA chair provided details Wednesday about the new SRO and why he's "all in" on CRM3

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]]> Investment fund charges should be included in fee summaries: report https://phoenix.advisor.ca/news/industry-news/investment-fund-charges-should-be-included-in-fee-summaries-report/ Mon, 26 Jul 2021 19:41:59 +0000 https://www.advisor.ca/?p=197855 A report for the MFDA uses behavioural insights to recommend expanded cost reporting

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]]> IIROC fines TD Waterhouse $4 million for CRM2 failure https://phoenix.advisor.ca/news/industry-news/iiroc-fines-td-waterhouse-4-million-for-crm2-failure/ Mon, 23 Mar 2020 16:43:09 +0000 https://www.advisor.ca/?p=177715 IIROC staff argued the non-compliance was "a wilful business decision"

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]]> Report finds investors still confused by CRM2 disclosures https://phoenix.advisor.ca/news/industry-news/report-finds-investors-still-confused-by-crm2-disclosures/ Mon, 19 Aug 2019 16:35:38 +0000 https://www.advisor.ca/?p=169107 Most investors don't understand the concept of embedded compensation, such as trailer fees

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]]> How to improve CRM2 statements https://phoenix.advisor.ca/news/industry-news/how-to-improve-crm2-statements/ Wed, 06 Mar 2019 20:08:27 +0000 https://www.advisor.ca/?p=162832 A new report from IFIC and BEworks offers insights for advisors and dealers

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]]> Millennials understand fees better under CRM2: BCSC https://phoenix.advisor.ca/news/industry-news/millennials-understand-fees-better-under-crm2-bcsc/ Thu, 04 Oct 2018 15:48:47 +0000 https://www.advisor.ca/?p=154846 They're also more likely to switch advisors than other generations

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]]> MFDA finds lack of clarity on trailing commissions https://phoenix.advisor.ca/news/industry-news/mfda-finds-lack-of-clarity-on-trailing-commissions/ Wed, 31 Jan 2018 12:48:16 +0000 https://avatar.advisor.ca/uncategorized/mfda-finds-lack-of-clarity-on-trailing-commissions/ CRM2 reporting by firms is good, but it could be better. That’s the finding from the MFDA, which published a bulletin and report on Tuesday outlining the results of its examinations and CRM2 sweep last year. “Overall, we have found that members have made reasonable attempts to comply with the new CRM2 requirements,” says the […]

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