Industry News

Advisors hailed for volunteer work Fallback Image Decorative pattern

Industry

Advisors hailed for volunteer work

(April 22, 2004) Maritimers have a reputation for being friendly, helpful folks and two of the country’s largest financial institutions are honouring members from Atlantic Canada for their volunteer work. Investors Group (IG) and Sun Life are marking National Volunteer Week by singling out advisors in Halifax and Moncton respectively for their contribution to their […]

By Steven Lamb |April 22, 2004

3 min read

Suspicions raised as E-Trade’s F-class program stalls Fallback Image Decorative pattern

Industry

Suspicions raised as E-Trade’s F-class program stalls

(April 21, 2004) Discount broker E-trade has been forced to shelve plans to sell F-class funds directly to investors after two fund companies decided not to participate. Some insiders believe industry pressure halted the program. E-Trade announced its new FundPlus program on March 30, promising investors access to low-fee F-class funds (usually sold exclusively through […]

By Doug Watt |April 21, 2004

3 min read

Manitoba budget taxes Fallback Image Decorative pattern

Industry

Manitoba budget taxes

(April 20, 2004) The Manitoba government tabled its 2004 budget last night, which included a vague line that may have left advisors puzzled. “Effective July 1, 2004, retail sales tax will be applied to certain legal, accounting, architectural, engineering, security and private investigation services,” the budget stated. “Currently, most provinces apply sales tax to these […]

By Steven Lamb |April 20, 2004

1 min read

Provinces can take first step to national regulation, says regulator Fallback Image Decorative pattern

Industry

Provinces can take first step to national regulation, says regulator

(April 20, 2004) The road to a national securities regulator could begin with a co-operative agreement involving as few as two provinces, says the chair of the Ontario Securities Commission (OSC). Ontario and Alberta are the two most logical choices, OSC chair David Brown said today following a speech in Toronto promoting the concept of […]

By Doug Watt |April 20, 2004

2 min read