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Howard Atkinson becomes exec at Pascal Financial

Atkinson had joined the firm in March as an advisor

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Large Canadian pensions will survive market turmoil: Fitch

The rating agency says large pensions are well positioned to survive the fallout of Covid-19

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Home sales rebound in Toronto, prices up almost 12%

Barring any major setbacks, stronger market conditions should continue in the second half

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Investors need consistent, useful ESG disclosure: report

Morningstar says regulators have a role to play in standardizing data, terminology and disclosure

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National Bank boosts investment in Nest Wealth

The bank will retain a minority stake in the fintech, which remains independent

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It’s been a good year for investment bankers

The investment banking biz has hit record heights amid unprecedented economic disruption

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Veteran exec leaves Wellington-Altus

Rob Djurfeldt has resigned less than a year after joining the firm

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Increase in settlements fills OSC coffers

A higher collection rate last year means more money for harmed investors, the regulator says

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Wealth, financial literacy drive RESP investments

StatsCan warns that Covid-19 may put low-income families at an even greater disadvantage

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Proposed changes to natural gas ETFs from Horizons

Horizons has proposed amending the amount of leverage used in two natural gas ETFs

  • By: Staff
  • July 6, 2020 July 6, 2020
  • 14:13
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Visible minorities struggle with bills amid pandemic: StatsCan

New research finds visible minorities have been hit harder financially during the pandemic

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Saskatchewan passes legislation for title regulation

The next step is developing rules for who can use "financial planner" and "financial advisor"

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IIAC reveals 2020 Hall of Fame inductees

The organization is honouring five individuals

Individuality

Richardson GMP paying $500K over supervisory failures

A supervisor in the firm's Calgary office has also been sanctioned

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Canada’s life insurance industry to contract 4.2% this year

GlobalData research also forecasts a substantial drop for annuities

  • By: Staff
  • July 3, 2020 July 3, 2020
  • 12:52
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BoC warns of fraudsters posing as employees

Pro tip: the Bank of Canada doesn't need your account number

scales of justice

Former rep denied registration for keeping DUI charge under wraps

Rep was acquitted of charge but failed to disclose it to the OSC twice

Communication network concept. Multiple exposure.

Great-West’s acquisition will boost digital offering: Moody’s

The firm is buying U.S. investment manager Personal Capital

Survey finds advisors feel optimistic about growing their businesses

Despite the pandemic, most respondents expect their books to grow over the next three years

  • By: Staff
  • July 2, 2020 July 2, 2020
  • 15:35
File

More flexible CCO arrangements from CSA

New guidance says compliance officers could serve at more than one firm

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Sagicor deal with Scotiabank falls through

Sagicor provides financial services in the Caribbean and life insurance in the U.S

ALVAREZ / ISTOCKPHOTO

Hub acquires certain MGA assets of Ivari

The acquisition is the latest in a series

  • By: Staff
  • July 2, 2020 July 2, 2020
  • 10:53
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Big five banks join advertising boycott of Facebook

The boycott began in response to growing anti-Semitic and anti-Black rhetoric found on Facebook

Gavel

Dealer settles with clients

Keybase has enhanced compliance in complaints-handling case

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Trading fee pilot in doubt after SEC loses lawsuit

Decision has implications for the Canadian Securities Administrators