In this week's edition

As clients grow older, they may also grow vulnerable. Could changes in your client’s behaviour be a sign of a manipulative relationship? To help make that assessment, you need to know your client well, and potentially solicit help from the client’s family and other professionals. Experts provided tips for such uncertain situations, and also included insights about pre-nuptial agreements.

In the latest column of our “Partnering like a pro” series, a couple of financial advisors and an intergenerational wealth expert share how they help family members delve into discussions — ones that sometimes include yelling — about succession, estate planning and philanthropic giving.

The Office of the Superintendent of Financial Institutions is on track to implement the latest version of the Basel capital rules by mid-2026, and the new requirements may mean that the big banks will have to dispose of large volumes of risk-weighted assets. The impact on lending would be significant, Scotiabank Economics said in a report, with fallout for the already challenged Canadian economy.

This past week, markets in North America and Argentina moved to T+1 (next-day trade settlement). Industry participants deemed the change a success, given that it went largely unnoticed.

The week also included news in insurance, with another regulator clamping down on LLQP cheats, and the beginning of a consultation in Ontario for total cost reporting for seg funds. Adopted by national regulators last year, the disclosures will be first received by investors in early 2027 (for both seg funds and investment funds). If you offer seg funds, are you ahead of the regulatory curve when it comes to discussing product costs and performance with clients? Or does the regulation represent a significant change? What are your conversation wins, or your conversation concerns? Let me know in an email.