FREE Membership Sign in

JavaScript is disabled in your browser.

In order visualise this page, please follow these steps.

The race to green has created a new set of challenges for the investment industry

By Susan Yellin | Oct. 28, 2021, 10:31 a.m.

The different ways investors can think about social responsibility are making it difficult for asset managers and regulators alike to allay concerns.

This article is reserved to PRO Level subscribers

Discover the PRO Level

Sustainable investing faces growing pains

The race to green has created a new set of challenges for the investment industry

Sustainable investing is gaining ground in North America

Related topics …

Flash

Life and health insurers pay out more than $312-million each day

Manulife takes swipe at annuity buy-in market

Insurance CEOs discuss outlook at recent financial summit

Roughly 20 per cent of mandatory premiums in Alberta go to support litigation costs

Investments

Regulators to review exchange-traded fund rules

Mutual fund redemptions continue in first half of 2023

May 2023 sales figures released for mutual funds and exchange-traded funds

Financial regulators convene total cost reporting committee

Life Insurance

Digital technology and artificial intelligence boost innovation in the insurance market

Employee healthcare costs to jump by more than $1,000 in 2024 for U.S. companies

Association says virtual care in dentistry could increase incidence of fraud

Insurers should reimburse medications for treating obesity

CANADIAN SECURITIES ADMINISTRATORS (CSA)

Ontario Securities Commission publishes summary report

Canadian Securities Administrators’ members levy more than $18-million in fines

Regulators publish joint guidance on conflicts of interest following review

Regulator publishes proposed proficiency model for approved persons

FAIR CANADA

Regulators announce establishment of new Investor Advisory Panel

OSC to fund FAIR Canada’s day-to-day operating expenses

Former OSC director named ED of FAIR Canada

FAIR Canada adds to board

ONTARIO SECURITIES COMMISSION (OSC)

Securities commission publishes compliance report for dealers and managers

Serving clients without regulatory approval or adequate controls costs firm $100,000

Association says advisory title fees in Ontario need rethinking

Ontario Securities Commission seeks applicants for market structure advisory committee

NEI INVESTMENTS

NEI launches Impact Bond Fund in Canada

NEI drops some sales charge options

NATIONAL BANK

Profitable but unsuitable recommendations results in sanctions

Sun Life moves to acquire Dialogue

Life insurance: Financial results of 25 insurers in Canada in 2022

iA Financial appoints new wealth management executive

MORNINGSTAR

Morningstar shutting down PlanPlus Global

Responsible investment will have to weather headwinds

P&C insurers can absorb the costs of Fiona

Morningstar to add 350 jobs in Toronto

RBC

Steady returns and stronger pension plan positioning

Pension plans purchase a record number of annuities

Ontario representative fined for fraudulent representations

RBC reports a 14 per cent drop in second-quarter earnings

AUTORITÉ DES MARCHÉS FINANCIERS (AMF)

Council of insurance regulators appoints new executive committee members

Industry association responds to Quebec’s draft dispute resolution regulation

Institute says dealers should be exempt from draft regulation

Morisset to leave the Autorité des marchés financiers in July

Investment

Self-regulatory organization hosts webinar outlining operations expectations

C.D. Howe fellow argues for political will to address climate adaptation

Online brokerage discussion yields insight for user experience specialists

Hub International acquires Ontario cannabis insurance brokerage

Regulation

Regulator publishes competency profiles for approved persons

Ontario seeks feedback on permanent target benefit pension framework

Pandemic loan extensions “not good enough”

Regulator revokes healthcare service providers’ licenses

Special risks

Attention deficit hyperactivity disorder cases spike in the last five years

Regulator warns consumers against doing business with Harry Insurance

Generalized anxiety disorder prevalence doubles since 2012

Canada performs poorly in exercise ranking seniors’ care

Climate changes

Alberta and Prairie storms cause more than $300-million in insured losses

Swiss Re calls for a rebalancing of the insurance value chain

Munich Re says underwriting matters more as reinsurance capacity recovers

Think tank says new energy efficiency mandates will increase building costs

International

Artificial intelligence talent concentrated in Canada

United States’ life and annuity industry net income declines

United States’ property and casualty industry records underwriting loss

Reinsurance well capitalized but performing badly

Special Report

The special reports of 2021

ESG

Sustainability claims can backfire with consumers

Standardized environmental social and governance reporting impractical

More than 100 companies sign diversity code put forth by the CFA Institute

Credit union regulator in Ontario publishes new guidance for comment

The race to green has created a new set of challenges for the investment industry

Choose your payment method

Confirmation