Industry

Canada Life joins CAFII

Canada Life has become a member of the Canadian Association of Financial Institutions in Insurance (CAFII). Read: FSCO proposes guideline to treat clients fairly CAFII, a non-profit industry association, was established in 1997 to create a voice for financial institutions involved in selling insurance through a variety of distribution channels. David Fear, senior vice-president of […]

By Staff |April 30, 2018

1 min read

Industry

MFDA bans and fines rep for ‘misappropriating’ TFSA funds

An MFDA hearing panel has permanently banned and fined a previously registered representative for misappropriating client funds and failing to cooperate with an investigation. Over a period of about five months, Nathan Eric Breukelman, a dealing representative at the time with Investors Group in Thunder Bay, Ont., misappropriated $28,889.45 from the TFSA of a client—his […]

By Staff |April 30, 2018

1 min read

Industry

Dynamic reduces fees on global equity fund

Dynamic Funds will reduce fees on the Dynamic Global Equity Private Pool Class as of May 1. The firm will lower its management fee by five basis points to 75 basis points. Its fixed administration fee will also be lowered by five basis points to 15 basis points on Series F, FH and I. Read: […]

By Staff |April 27, 2018

1 min read