Canada
Sun Life closes part of wealth product range
Sun Life Financial International, part of Canada’s giant Sun Life Financial Inc, said it will no longer accept new applications for two of its key wealth products — Sun Secured Advantage Plus and Sun Investor.
North America | 19 Nov 15
Canadian investors wary of fee-based only financial advice
The vast majority (88%) of Canadian investors would like to determine for themselves how they pay for financial advice after indications that banning third-party commissions in the UK and Australia has led to an advice gap.
Investment | 8 Oct 15
Investor visa issues leave thousands in limbo
The world’s most popular investor visa programs face uncertain futures and leave many prospective immigrants in limbo, warned the chair of the Global Investor Immigration Council (GIIC).
RBC GAM hires Asia boss
RBC Global Asset Management, the asset management arm of Royal Bank of Canada, has taken on Ken Tam as head of Asia.
North America | 18 Jun 15
Canadian adviser fee review points to RDR-style change
A review of the impact of mutual fund compensation schemes on financial advice and outcomes conducted on behalf of Canadian regulators has found there was enough evidence to justify the development of new payment policies.