Industry News

Soft sell makes prospecting easier, marketing consultant says

(April 14, 2004) When was the last time you were approached by a pushy salesperson and thought: “Wow, I have got to tell my friends about this great service!” Never? Really? Now think about how you approach the topic of referrals with your clients. In The ADVISOR Group’s second Annual Dollars & Sense Survey of […]

By Steven Lamb |April 14, 2004

3 min read

Bank of Canada cuts lending rate to 2%

(April 13, 2004) Citing shifts in the global economy, the Bank of Canada today lowered its benchmark overnight lending rate by 25 basis points to 2%, a 44-year low. The move was widely expected by economists. “The Canadian economy continues to adjust to developments in the global economy,” the central bank said in a statement […]

By Doug Watt |April 13, 2004

2 min read

Small investors group blasts regulators

(April 13, 2004) Canada’s securities regulators are ignoring the principles of investor protection to keep industry participants happy, charges an investor lobby group. In a strongly worded report, the Small Investor Protection Association (SIPA) accuses regulators of watering down a proposal to introduce a new fund governance regime. The Canadian Securities Administrators’ (CSA) proposed National […]

By Doug Watt |April 13, 2004

3 min read

Briefly:

(April 16, 2004) The Financial Planning Standards Council (FPSC) has upgraded its Web site to include more information about financial planning. The promoter of the CFP designation introduced the new online Learning Centre today. “Learning — like financial planning — should be a lifelong pursuit,” says FPSC vice-president Ann Bowman. “The FPSC Learning Centre is […]

By Staff |April 12, 2004

5 min read