In today's edition

You may have noticed things look a bit different around here. Back in April, when you received your final issue of Advisor’s Edge magazine in the mail, we promised online changes were coming, including a redesigned Advisor.ca. That site relaunch happened this week.

We’re excited about the new look and features as we pursue our mission to provide the content you need to serve your clients, build your business and develop your career. We hope you’ll take some time to explore the site, including a revamped Advisor to Client section with articles designed to share with clients.

We’ll send more information in the days ahead about the site’s features. Please tell us what you think.

We’ve reported extensively on the benefits of the new tax-free first home savings account (FHSA), as well as the qualifying withdrawal and eligibility rules. As columnist Wilmot George points out, those benefits double when each member of a couple is eligible to open an account. Here’s a breakdown of the specific FHSA rules regarding spousal relationships to ensure your client’s eligibility and maximum benefits.

“We need to talk.” Those are four words no financial advisor wants to hear from a client. As Todd Humber reports, by the time the phone rings, it’s often too late to salvage the relationship — the decision’s been made, the paperwork’s signed and the investments are moving to another advisor. Still, it may be worth engaging with a departing client. Here are tips on how that “exit interview” should go.

In the latest sign of private investments’ incursion into the retail market, Scotiabank and Sun Life Capital Management are partnering to provide private assets to the bank’s wealth management clients. Under the deal, clients of ScotiaMcLeod, Scotia Private Investment Counsel, MD Financial Management and Jarislowsky Fraser will get access to SLC Management’s private-market funds, while the asset manager benefits from the bank’s vast distribution channel. Scotia may also make private investments available to mass-market clients through managed portfolios.

Finally, as advisors adopt AI tools for everything from emails to financial planning, regulators are taking an interest. The OSC published a report with Ernst & Young LLP examining the state of AI — including warnings about the risks for advisors.