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Wealth Professional | 17 Mar 2015, 09:47 AM Agree 0
A key element of Australia’s disclosure model could – no, would -- harm Canadian advisors if adopted here.
  • Dean | 17 Mar 2015, 11:05 AM Agree 0
    Unfortunately we have people on the outside trying to regulate an industry that they have no idea how it works. In Canada it should be about choice and we have it today. The amount of money that is poured into the debate whether we have imbedded fees or fee for service is mute. Canadians enjoy the freedom of choice, which model fits them best today is in there hands not the regulators. Why take the options of choice away and regulate to one standard (FEE for service model) that the regulator in their ignorance feels one shoe fits all. It will be a sad day for Canadians should these bully's ever get their way.
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