This web site is dedicated to investment fund investor education and protection. The multi-billion fund industry plays a key role in the savings and retirement plans of millions of Canadians. Many industry practices provide beartraps for the unsuspecting investor and securities regulations have not kept up with the pace of change in the industry.
Wednesday, September 12, 2012
When you use an adviser here's always the possibility you'll not get the full story. That's because most "advisers" aren't fiduciaries. They do not have to put your interests first. Read the full article
Sales incentives skew adviser behaviour
This Comment letter to the UK financial regulator summarizes our views and experiences with financial incentives used to "motivate" adviser sales of certain products. Most retail investorse do not understand the true nature of their relationship with their advisers.Read the full article.
Saturday, September 1, 2012
Suitability system needs overhaul
The KYC -suitability system is not working as intended. Financial consumers are being exposed to undue risk. We call on the Joint Forum of Financial Regulators to address the issue on a priority basis. Read the ALERT
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