Covid-19 is so "unpredictable," the group says
The regulators concluded that some incentive practices may present risks to the fair treatment of customers
Actual assets under management of advisor aren’t always worth purchasing on their own
Potential productivity gains when P&C broker buys an advisory firm
Retail fund sales remained positive as customers sought cash-equivalent products
Toronto-based firm provides insurance products and services to doctor clients
Positive industry trends, not regulatory arbitrage, supported sales last year
Some brokers aim to be a one-stop shop for P&C insurance, wealth management and retirement planning
Also, annuity and seg fund premiums increased 21%
The move follows a regulatory warning earlier this year to stop DSC sales of seg funds