Scott Findlay, the new head of the IFB, says that maintaining the independence of financial advisors is crucial to ensuring that clients have the best options in product choice and advisor compensation. To read the full article, please click HERE!
Insurers under the microscope “[The new documentation] will either give the regulators comfort that the current system is working to a large extent or will identify gaps or areas that need to be strengthened,” says Susan Allemang, head of regulatory and policy affairs at the Independent Financial Brokers of Canada in Mississauga, Ont. “If [the data] show that there are areas that pose higher risks, then I would expect that the regulators would take action – they’ll take steps to address those deficiencies.” To read the full article in Investment Executive, please click HERE!
Independent Financial Brokers of Canada (IFB) today joined forces with a coalition of associations in a campaign objecting to a possible federal tax on private health care plans. IFB is concerned about the negative impacts of such a tax, and joined the coalition to add its support for a more fulsome discussion. There is widespread concern that if the premiums become taxable, many employers – especially smaller employers – will discontinue or reduce coverage, leaving thousands of Canadians without affordable means to access extended health, dental and other mental and physical care services, not covered under provincial health care plans. Today, some 24 million Canadians are covered under private or employer sponsored benefit plans. “At a time when provincial health […]
Introducing Coming Up Next™, the new way to think about growth for your practice. Exclusive to IFB members, Coming Up Next™ allows you to set and work towards your transition goals all in one place, locate advisors interested in achieving similar goals, and start conversations with those advisors on a secure and private platform. We’re really excited to launch this platform, and are now taking registrations for our waiting list. In order to activate your registration and gain full access to the Coming Up Next™ platform, all you’ll need to do is subscribe to Coming Up Next™ when you renew your membership for 2017. Renewals will be open very soon! In the meantime, we’ve got some really cool giveaways for our early adopters who join the […]
August 31, 2016 IFB Elects New Chairman, Board Members, at its 2016 Annual General Meeting TORONTO – IFB, the national association representing independent financial advisors, met yesterday in Toronto to elect Board members and Executive positions. In his remarks at the meeting, outgoing Chair, John Dargie, reflected on his five years in leadership of the IFB Board, and the importance of independent financial advice for Canadian consumers. Scott Findlay was elected to serve as IFB’s Chair and President. Mr. Findlay has been a long-time Board member for IFB, and is a principle at Valley-Wide Financial. He holds a BA in Economics from Western University and is a Certified Financial Planner. George Biggar of St. Catharines ON was elected to serve […]
Retiring Soon? is a new, web-based tool providing a centralized source of unbiased retirement information, with links to provincial and federal programs, to assist people who are close to retiring. It is free and accessible on multiple formats. Information on the site is organized into 4 main areas: Workplace, Money, More than Money and Ready, set, retire. “I think financial advisors will welcome this new resource as one more tool they can use in assisting clients plan for a successful transition from the workplace to retirement.” – Nancy Allan, Executive Director, Independent Financial Brokers of Canada Click the link below to check out this web-based resource for consumers. https://www.clhia.ca/rs/en/index.html
Ellen Bessner, partner at Babin Bessner Spry LLP speaks with Dan Richards, CEO of Client Insights, on why advisors can be sued in retirement, and explains the steps you need to take to ensure you are not at risk. You can watch the interview HERE to learn more about having good files and ERP insurance. To find out more about IFB’s E&O program and ERP insurance, click here!
The Investment Funds Institute of Canada (IFIC) has launched a guide on preparing CRM2 reports for mutual fund dealers. This guide includes information on achieving regulatory goals while maintaining the advisor-investor relationship. To find out more information on CRM2 and to view this document, log into the members section of our website.