Canada’s Financial Industry Newspaper | Investment Executive
Investment Funds. Investment funds industry bucks Canada’s low-productivity trend. Partners’ Place. Appointment Notices. Latest appointments: Denis Ricard, President and Chief Executive Officer of iA Financial Group, has been elected Chair of the Board of Directors of the Canadian…. Brought to you by: Appointment Notices.
PwC plans payouts to Bridging investors in 2024
January 22, 2024. 15:33. iStockphoto. Investors who were harmed in the collapse of alternative fund manager Bridging Finance Inc. are a step closer to getting some money back, but almost $300 million in disputed creditor claims must first be resolved. According to new filings in the firm’s receivership proceeding, Bridging’s court-appointed ...
Dealers' Report Card 2024 main chart | Investment Executive
By: IE Staff. September 13, 2024. 09:02. Research by: Emily Fox, R oland Inacay, Aru Kaul, Tiana Kirton, Diane Lalonde, Alisha Mughal and Clayton Tomlinson. Research editor: Katie Keir. Click the image below to obtain a PDF of the chart.
New direction for Richardson Wealth | Investment Executive
Jan 25, 2021 · As of Dec. 31, 2020, Richardson Wealth reported $30.3 billion in assets, up marginally from $29.3 billion at the end of 2016. The lack of clear direction also resulted in rival firms luring away advisors from Richardson Wealth. At the end of 2020, Richardson Wealth reported 162 advisory teams, down from 199 four years prior.
The Bridging Finance case - Investment Executive
May 1, 2024 · Bridging faces $40M bill from receiver, counsel. Court asked to approve two years worth of fees in ongoing receivership. December 8, 2023. 16:05.
News for Canadian Financial Advisors - Investment Executive
6 days ago · What Trump’s election could mean for interest rates in Canada. Trump's promised policies risk higher inflation, which could affect Canadian rates, loonie: economists. By: Rosa Saba, Canadian Press. November 8, 2024. 09:36. Breaking industry and regulatory news for IIROC, MFDA and life insurance-licensed financial advisors, portfolio managers ...
How insurers are adjusting their par policy investment portfolios
Sep 20, 2021 · Participating or “par” insurance is so named because policyholders share the underlying risks with the insurance company. This shared risk may also lead to rewards through dividends issued by the par account, which is managed by the insurance company. Policyholder dividends are based primarily on the returns from investing policy premiums ...
BMO Private Wealth adds leaders from TD, RBC and Broadridge
Feb 21, 2024 · Photos courtesy BMO. BMO Private Wealth Canada has shaken up its leadership ranks for the third time in the past six months, adding leaders from two rival banks and a technology firm. Meghan Meger, who was appointed sole head of BMO Private Wealth Canada in October 2023, is now senior advisor to BMO Wealth and will retire at the end of the year ...
Feds launch public consultations on new luxury tax
Aug 11, 2021 · The federal government has launched consultations on the design of the new select luxury goods tax, a campaign pledge from the 2019 federal election that also featured in this year’s federal budget. The luxury tax would apply on the sale of new luxury cars and aircraft with a retail sale price of more than $100,000, and new boats that cost ...
RBC launches two new GICs — with a twist - Investment Executive
July 27, 2021. 11:03. Royal Bank of Canada has launched two new GICs that have the potential to generate higher returns than traditional GICs. Unlike ordinary GICs, the RBC ESG Market-Linked GIC and the RBC North American MarketSmart GIC are linked to market performance, allowing investors to benefit from strong market returns.