IFIC

Industry

IIROC proposal would “destabilize the MFDA,” says IFIC

IFIC has raised objections to an IIROC proposal that would change the face of the industry.

By Staff |April 21, 2016

2 min read

Industry

Pointers on CRM2 reporting

To help dealers ensure they’re compliant, IFIC has released a summary of what regulators are looking for, both in terms of actual requirements and recommended practices.

By Staff |January 14, 2016

1 min read

Industry

All financial planners should be regulated, says proposal

IFIC and the IIAC are calling on the Ontario government to enact a general legislative framework for financial planners.

By Staff |September 21, 2015

2 min read

Industry

IFIC announces new chair and board

IFIC's board of directors will be led by PFSL Investments CEO John Adams.

By Staff |September 11, 2015

1 min read

Fund sales soar ahead of RRSP deadline

Mutual fund inflows surged in February, as last minute RRSP contributions drove net sales to $5.87 billion for the month. That’s up from $3.05 billion in January and $3.39 billion in February 2010. In the first two months of 2011 alone, net sales have totaled $8.92 billion, nearly double last year’s total of $4.46 billion. […]

By Staff |March 15, 2011

2 min read

IFIC cuts back on stats reports

IFIC announced late Monday that it would no longer include sales data for individual fund companies in its monthly sales report. Instead, IFIC will report on sales by asset class and CIFSC category. The decision comes after a string of major companies pulled out of offering such data to the group. “IFIC, as the official […]

By Steven Lamb |February 15, 2011

1 min read

Mutual fund sales top estimates

The mutual fund industry beat sales forecasts in January 2011, with total net sales of $3.05 billion, topping The Investment Funds Institute of Canada’s preliminary forecast of between $2.45 billion and $2.95 billion. Total mutual fund assets ended the month at $641.8 billion, up $6.1 billion from December and a hefty $85.4 billion since last […]

By Steven Lamb |February 15, 2011

1 min read