Investor

Investors want a best interest standard Fallback Image Decorative pattern

Industry

Investors want a best interest standard

01. Investor and advocate comments on CSA proposal 33-404 Investors support CSA’s proposed regulatory standard for advisors to act in the clients’ best interest, saying the current suitability and disclosure standards aren’t good enough. While some investors support the proposed securities regulatory standard, others are pushing for a statutory rule. The OSC Investor Advisory Panel’s […]

January 27, 2017

4 min read

28% of B.C. clients don’t know how advisors are paid Fallback Image Decorative pattern

Industry

28% of B.C. clients don’t know how advisors are paid

Just in time for RRSP season, many investors will receive new information about the fees they pay for investments and advice, courtesy of CRM2 fee disclosure regulations. In preparation, the British Columbia Securities Commission launched its Take a Look campaign last October, intended to encourage investors to pay attention to the fees they pay. According […]

By Staff |January 23, 2017

2 min read

Educate clients on risk of loss, OSC roundtable urges Fallback Image Decorative pattern

Industry

Educate clients on risk of loss, OSC roundtable urges

Risk profiling is a complex, multidimensional process that combines many factors, both subjective and objective, to create an overall assessment of the most appropriate level of risk for an investor. Read: Rethink risk tolerance questionnaires The Investor Advisory Panel (IAP), an independent committee established by the Ontario Securities Commission, has released a report on the […]

By Staff |January 23, 2017

2 min read

Inform clients about these nefarious threats Fallback Image Decorative pattern

Industry

Inform clients about these nefarious threats

Forget market and volatility risks: your client could face more nefarious threats. The top five investor risks for 2017, as identified by the Alberta Securities Commission (ASC), mostly involve scams. Here’s what your client should guard against: Other ways scam artists profit from the next big thing is by taking advantage of the state of […]

By Staff |January 11, 2017

2 min read