Industry

Former contractor accessed CSA registration database

A former contractor for the Nunavut government gained unauthorized access to CSA’s national registration database, the group of regulators said Friday in a release. The database is the web-based system that registrants use to file registration information with Canadian securities regulators. The former contractor was previously authorized to access the database while under contract, CSA […]

By Staff |July 30, 2018

1 min read

Manulife reducing fees, risk ratings on certain funds

Manulife Investments is reducing management and trailer fees, and lowering the risk rating for certain funds. After business close on Aug. 1, trailer fees will be reduced to 1% from 1.25% for Advisor Series or Series T bought under the front-end sales option for Manulife Simplicity Balanced Portfolio, Manulife Simplicity Global Balanced Portfolio and Manulife […]

By Staff |July 30, 2018

2 min read

Gig economy creates demand for financial planning: BMO

Canada’s labour market is shifting to a gig economy at a “phenomenal rate,” a report from BMO Wealth Management says, revealing a growing group of workers with specific investing and retirement planning needs. The report describes the shift from stable, permanent employment to a “gig economy” of contractors and freelancers working short-term gigs. BMO surveyed […]

By Staff |July 30, 2018

2 min read

Coinsquare launches tech-focused wealth management biz

Cryptocurrency trading platform Coinsquare has launched a wealth management business focused on AI, blockchain and cryptocurrencies. Subsidiary Coin Capital Investment Management Inc. is registered with the OSC as an exempt market dealer, investment fund manager and portfolio manager, a release said. Read: 5% of Ontarians own cryptoassets, most people don’t understand them: OSC Coincapital CEO […]

By Staff |July 30, 2018

1 min read