FCA seeks to extend Covid-era consumer protections
New guidance encourages insurance industry to accommodate financially stressed clients
- By: James Langton
- January 11, 2023 January 11, 2023
- 15:33
New guidance encourages insurance industry to accommodate financially stressed clients
The credit took effect on Jan. 1
Also, fewer advisors left the advisory channel as the ban's effects faded
As inflation eases, optimism rises
Firm settled allegations that unapproved employees had access via trading algorithm
Man sentenced for trading ahead of listings on platform
Compliance exam report documents SRO's emerging and ongoing concerns
Provincial regulation increasingly tracks federal rules, but gaps remain
Led by lower energy and food prices, annual inflation down in November
Home prices are expected to reach their bottom sometime in early 2023, after declining 20% from peak to trough
Challenges caused by the Covid-19 pandemic have affected owners’ exit timelines, the CFIB says
Central banks must contend with hot labour market but avoid overtightening
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales