FSRA finds 'high incidence' of life agents who don't follow best ...
6 days ago · Reviews of life agents in Ontario over the past couple of years have uncovered a “high incidence” of failure to adhere to best business practices, a regulatory report released on Thursday says. Between 2022 and 2024, the Financial Services Regulatory Authority of Ontario (FSRA) reviewed 319 life agents, with the cases arising from the misconduct reports received from insurers and managing ...
Canada’s Financial Industry Newspaper | Investment Executive
Investment Executive has the latest news and analysis on investment products, industry news and securities regulation for financial advisors.
Desjardins to acquire Worldsource wealth and insurance …
Nov 30, 2022 · IDC, WFM and WSI serve more than 5,000 independent advisors in the Canadian insurance and financial advice markets. “This acquisition strengthens Desjardins in the important life insurance and wealth management sectors across Canada,” said Desjardins Group president and CEO Guy Cormier in the release.
Commodity prices to rise in 2025: Orchard | Investment Executive
Nov 21, 2024 · Commodity prices will climb in 2025, adding inflationary pressure globally. That’s according to Ken Orchard, head of international fixed income at T. Rowe Price in London.
Seg funds 101 - Investment Executive
Jun 14, 2021 · In more detail, a seg fund is an insurance contract issued by a life insurance company and regulated by the federal Insurance Companies Act. Seg funds have two parts: a pooled investment component (similar to a mutual fund), plus an insurance policy that protects against the loss of the invested capital when a contract matures.
The Bridging Finance case - Investment Executive
May 1, 2024 · PwC plans payouts to Bridging investors in 2024. Almost $300 million in disputed claims must be resolved before distributions can start. January 22, 2024 January 22, 2024; 15:33
FundEX merges with Investia - Investment Executive
Jul 5, 2021 · FundEX Investments Inc. merged its mutual fund dealer operations with sister company Investia Financial Services Inc. on July 1. As a result of the merger, FundEX and Investia have become one entity under the Investia banner, which is part of iA Financial Group.
Charles Schwab buys TD Ameritrade, TD Bank to hold 13% stake in ...
Nov 25, 2019 · TD Ameritrade stockholders would receive 1.0837 Schwab shares for each TD Ameritrade share they own. The transaction gives Schwab about 12 million client accounts, $1.3 trillion in client assets and approximately $5 billion in annual revenue.
Report Cards | Investment Executive
Sep 13, 2024 · Dealers’ Report Card 2024. Advisor satisfaction across most of the 11 full-service and mutual fund dealers in the Report Card has held steady or improved compared with 2023
New direction for Richardson Wealth | Investment Executive
Jan 25, 2021 · “We have this pent-up energy that is going to be unleashed because we’ve been held back for the last year or two,” Marsh said. Kish Kapoor, president and CEO of Richardson Wealth’s parent firm, Toronto-based RF Capital Group Inc. (formerly GMP Capital Inc.), said there’s a “significant” opportunity to grow the brokerage firm’s …