Nov 11, 2024 | News
The Government of Quebec approved rule changes to Quebec-regulated Life Income Fund (LIF) withdrawals, which will take effect on January 1, 2025. The changes include: no withdrawal limit for LIF owners aged 55 and older, no more transferring the difference between LIF...
Nov 8, 2024 | News
The Canadian Investment Regulatory Organization (CIRO) has selected Fitch Learning as its new service provider for Approved Persons of investment dealers. CIRO is working closely with the Canadian Securities Institute (CSI) to ensure a seamless transition to the new...
Nov 6, 2024 | News
The Ontario Securities Commission (OSC) released an annual Summary Report providing an overview of the activities of the Investment Management Division. Highlights include the OSC review of fund managers’ use of discretion in setting risk ratings and the analysis of...
Nov 1, 2024 | News
In its 2024 Fall Economic Statement, the Ontario government proposed the creation of a new licensing regime for life and health insurance intermediaries, such as managing general agents (MGAs). The government pledged new oversight aimed at enhancing consumer...
Oct 31, 2024 | News
The Canadian Investment Regulatory Organization’s (CIRO) has proposed a set of proposed reforms to its investment dealer arbitration program and extending to the mutual fund dealer sector. The proposed changes would enhance the accessibility, efficiency and...
Oct 31, 2024 | News
The Ontario Securities Commission (OSC) has released findings from a study, which highlights the challenges faced by retail investors, in evaluating the ESG attributes of investment funds and how the lack of standardization in these ratings, impact investor decisions....
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