Industry

Expect clients to adopt financial apps in 2018

Trends for 2018 include financial improvement apps based on behavioral economics and artificial intelligence. Just as consumers track their steps, sleep quality and calories, Mintel Comperemedia forecasts consumers will soon be tracking finances. Read: Lack of savings could delay retirement indefinitely, study finds “We predict that do-it-yourself financial wellness will pave the way for financial […]

By Staff |December 20, 2017

1 min read

2017’s naughty and nice commodities

Commodity producers expect a happy holiday this year as synchronized global growth supports robust industrial demand, says commodity economist Rory Johnston in a Scotiabank report. This past year, outperformers were driven higher by a combination of strong demand and inflexible by-product supply (cobalt and palladium) or exogenous events like trade action and forest fires (lumber), […]

By Staff |December 20, 2017

2 min read

BMO Investments drops standard DSC for new purchases

BMO Investments says it will discontinue the standard DSC purchase option for new purchases—including pre-authorized purchases—across its entire mutual funds lineup, effective May 4, 2018. Read: Commissions ban could push advisors to sell insurance products: MFDA In a release, BMO Investments says it hasn’t offered any new mutual funds under the standard DSC purchase option […]

By Staff |December 20, 2017

1 min read

Your 2018 inside scoop: outlook roundup

The question on everyone’s mind is: can the markets sustain their 2017 performance in 2018? Read: Synchronized global growth favours equities, but risks lie in wait Certainly, it’s been “a drama-free, banner year for equities,” says BMO chief economist Douglas Porter in an economics report. “The S&P 500 never saw so much as a 3% […]

By Staff |December 20, 2017

2 min read