Equities are scarier than death
Investors are more afraid of the stock market than they are of public speaking, unemployment or death, according to a new survey. But its other findings may give advisors something to fear.
Advisor's empathy most important, say widows
Advisor-client relationships rarely survive the death of a client’s spouse, and sustaining a relationship may depend more on empathy than financial knowledge.
BC sanctions agent after selling securities to widowed pensioner
Does an advisor’s obligation to a client end with the sale of his or her book? The sanction of a BC agent for inappropriately selling high-risk securities to a widow raises that question.
OSC seeks input on disclosure rules regarding women execs
Should TSX-listed firms be required to disclose details on women serving on boards and in senior management roles? The OSC wants to hear your opinion.
Taking a long view, Merrill forecasts top trends to 2031
Long-term economic forecasting is risky – and the longer the horizon the less likely a prediction is to transpire. But Merrill Lynch has thrown caution to the wind with its “Outlook 2031” report, highlighting five trends that will reshape our world.
Liquid-asset growth outpaces property value rise
It was big news that the wealth of the average Canadian household topped $400K for the first time. For advisors, the even better news is that growth in liquid assets – cash and securities – outpaced the rise in property valuations.
Digital generation still wants financial advice
Being technologically savvy does not necessarily make a person financially savvy. And the generation who are most adept at using on-line tools to self-manage their finances may still want investment advice.
Regulation costs strangling small issuers, Venture Exchange
Security regulators scuttled an attempt to amend disclosure rules for venture issuers after objections to costs. But issuers are still being battered – and the venture market decimated – by compliance expenses.
US move to fees accelerates, to be two-thirds of industry by 2015
Canadian regulators are considering a ban on commissions, but in the US they are becoming a thing of the past not by regulatory dint... but because of industry, investor and advisor preference.
Jailed Ponzi scammer ordered to repay $600K
The perpetrator of a New Brunswick Ponzi scam has been ordered to disgorge almost $600,000 and has been banned from the investment industry for life.