Industry

Sun Life not pursuing merger with bank, CEO says Fallback Image Decorative pattern

Industry

Sun Life not pursuing merger with bank, CEO says

(February 24, 2003) Sun Life Financial, Canada’s largest insurer, has no interest in merging with one of the country’s big banks, company CEO Donald Stewart suggested today in Montreal. Calling a bank-life insurance merger “fraught with risk,” Stewart said Sun Life is instead focusing on international expansion. “It is not clear to us that a […]

By Doug Watt |February 24, 2003

2 min read

Reaction mixed to Advocis Fallback Image Decorative pattern

Industry

Reaction mixed to Advocis

(February 21, 2003) A recent call for more co-operation in the financial services industry from Advocis, Canada’s largest professional association of advisors, has produced a mixed bag of responses from other associations and advisors. The head of the fledgling Canadian Institute of Financial Planners says he thinks Advocis wants to get rid of all other […]

By Doug Watt |February 21, 2003

3 min read

Costello, fund redemptions stir Talvest Town Hall Fallback Image Decorative pattern

Industry

Costello, fund redemptions stir Talvest Town Hall

(February 21, 2003) Advisors weighed in on both sides of the Ontario Securities Commission’s ruling that prominent financial commentator Brian Costello gave advice without being licenced. While some thought the OSC was overextending its reach, others called for even tighter scrutiny of unlicenced commentators. “This kind of decision will give them further proof that they […]

By Scot Blythe |February 21, 2003

3 min read

Political leadership missing from reform debate, says IDA president Fallback Image Decorative pattern

Industry

Political leadership missing from reform debate, says IDA president

(February 20, 2003) “Calls for regulatory reform to boost investor confidence in the U.S. are echoing throughout Canada and around the world,” says Investment Dealers Association president Joe Oliver. But if Canada is going to reform its fragmented system of securities regulation, political leaders must step up to the plate to champion the cause, Oliver […]

By Caroline Cakebread |February 20, 2003

3 min read