Causes of SVB failure unique to banks but some life insurance contracts with investment features are liquid, report says
AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year
Denis Dubois, executive vice-president with Desjardins Group, is on the hunt for independent advisory firms to acquire
Assets under management dropped 8% in 2022
Desjardins' appeal rejected as insurer failed to prove fraud on life application
FSRA also reiterated that it wants clients to be protected from seg fund deferred sales charges, regardless of when the funds were purchased
Rising interest rates should boost life insurers’ portfolios in the longer term
Greatway must also send its universal life policyholders information to assist them in assessing the policy's appropriateness
A client scenario illustrates the tax advantages for business owners
Anthony Ostler also called for more consumer protection in the emerging payments space