CRM2 leads to influx of segregated funds

CRM2 leads to influx of segregated funds

6 Comments
  • Investment advisor J 2015-07-03 10:34:36 AM
    Shame on all who put clients in seg funds to get a higher comission. What add value are they adding for the client. NOTHING
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  • Barb Amsden 2015-07-03 11:37:47 AM
    Agreed if an investment is being made to a client for commission only. This is what is euphemistically described as unintended consequences. This issue will remain a challenge while similar products are under different and unequal regulatory regimes. Quis custodiet ipsos custodies - who watches the watchment? Who regulates the regulators?
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  • paul P 2015-07-03 2:54:02 PM
    Seg funds do add value, especially for estate protection, I agree they are not for everyone, and they can also be done FEL, NL or DSC, so it should still be based on the discussion and planning with the client. in my world seg funds pay the same commission as mutual funds with the same load choices, this is the proper way to price them, this way, the client really gets the product and pricing that their unique plan calls for.
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