Industry News

Decorative pattern

HUB finds the best and the rest in Canadian seg funds

(January 14, 2005) Some advisors are dropping their costly mutual fund licenses in favour of selling more complicated but less compliance crazy segregated funds. In doing that though, it helps to have good research to identify the best products available for different clients and what the different companies offer when it comes to things like […]

By Kate McCaffery |January 14, 2005

3 min read

Decorative pattern

Assante explains low-cost key approach to fee cuts

(January 14, 2005) Assante’s decision to use its advisor channel to communicate fee reductions to clients has puzzled some industry watchers, considering Fidelity made a public splash when it made a similar move. But officials at Assante say that’s what the firm’s advisors wanted. Last week, in a memo sent to advisors, Assante announced that […]

By Doug Watt |January 14, 2005

3 min read

Decorative pattern

IDA audit quietly released

(January 13, 2005) It took nearly five years, but the Ontario Securities Commission has finally given up the fight to keep a highly-critical 25-page audit of the IDA confidential. Investor advocates are welcoming the release, but are casting doubt on claims by the IDA that all the problems outlined in the report have been dealt […]

By Doug Watt |January 13, 2005

3 min read

Decorative pattern

Canada a nation of savers

(January 13, 2005) Sometimes stereotypes exist for a reason. Canadians are typically seen as somewhat boring, though we would argue we’re cautious and thoughtful. Recent surveys on investment attitudes tend to back that up. “Three words define Canadians’ approach to their investments: control, conservatism and confidence,” says Allan Smith, COO of Saxon Funds Management Limited. […]

By Steven Lamb |January 13, 2005

3 min read

Decorative pattern

RRSP investors shy about foreign content

(January 13, 2005) Canadian investors aren’t big on making use of their foreign content allowances. In fact, only 5% of RRSP holders have reached their 30% foreign content limits, and more than one-third have no registered foreign holdings at all. These findings come from the most recent RBC Financial Group and Ipsos-Reid Marketing Research telephone […]

By Kate McCaffery |January 13, 2005

3 min read

Decorative pattern

Retirement gender gap persists: TD

(January 12, 2005) When it comes to investing, there are still significant differences between men and women, according to a survey by TD Waterhouse. Roughly the same percentage of men and women contribute to RRSPs — 79% and 77%, respectively — but that’s pretty much where the similarity ends. “The overall impression from our poll […]

By Steven Lamb |January 12, 2005

3 min read

Decorative pattern

CPP equity debut a good thing for markets

Canadian Pension Plan Investment Board managers control one of the largest pools of investment capital in the country. Despite concerns, the board says CPP is a viable source of retirement income for Canadians for years to come. What is interesting, and perhaps not as well known, are the growth prospects for the fund, and the […]

By Kate McCaffery |January 12, 2005

3 min read

Decorative pattern

S&P to roll out new bond index

(January 11, 2005) Standard and Poor’s has announced the creation of the S&P/TSX Canadian Bond Index, which will be officially launched in the first quarter of 2005. Bond rating and indexing are essentially S&P’s raison d’être, so the marriage of the two seems to make sense. “Standard & Poor’s is renowned for its highly valued […]

By Steven Lamb |January 11, 2005

3 min read

Decorative pattern

AGF introduces low-load option

(January 11, 2005) AGF Funds has begun re-tooling its operations in an effort to reverse a lengthy spell of net redemptions. The first step, announced today, is a low-load purchase option on its mutual funds. The change means there will be no upfront sales charge and a shortened redemption fee schedule (three years) on the […]

By Doug Watt |January 11, 2005

3 min read

Decorative pattern

Assante latest fundco to cut fees

(January 10, 2005) Assante is cutting fees on its Optima and Artisan fund products, in the wake of a similar move by Fidelity, whose fee reductions take effect today. “The cost of participating in Assante Optima Strategy and Assante Artisan Portfolios will be reduced by approximately 0.35%,” said Assante senior vice-president Darin Thompson in a […]

By Doug Watt |January 10, 2005

2 min read

← Previous 1 … 2,225 2,226 2,227 2,228 2,229 … 2,347 Next →