Most popular investment articles of 2024

The Insurance Portal invites you to read or re-read our ten most popular articles on investment-related benefits, services or issues from 2024.

• Average fund fees declined following implementation of disclosure rule amendments 

Two research reports analyzed the investment fund industry's practices and client behaviors following the implementation of regulatory amendments aimed at enhancing client relationships and transparency. 

• OM Financial makes acquisition 

OM Financial Inc. announced that it had reached an agreement with the firm’s new owners to acquire MILIFE. The terms of the transaction, revealed in early April, were not disclosed. 

• Mutual fund rep fined close to $1.7-million 

A Canadian Investment Regulatory Organization (CIRO) hearing panel found that a representative recommended and sold shares and debentures of a company they incorporated, borrowed money from a client, and failed to disclose several outside business activities to their firm. 

• iA Financial Group continues its focus on distribution in Canada 

Denis Ricard, president and CEO of iA Financial Group discussed interest rates, share buybacks, capital and acquisitions and iA’s business in Canada, for the benefit of investors and analysts gathered for the TD Financial Services & Fintech Summit.

• Association calls on government to delay capital gains changes 

An Association wrote to the Tax Policy Branch of the Department of Finance Canada to request that the government reconsider its plans to increase the capital gains inclusion rate from one half to two-thirds for all taxpayers realizing capital gains over $250,000. 

• Ontario regulator issues guidance warning consumers about decumulation products 

The Financial Services Regulatory Authority of Ontario warned consumers about decumulation products in a guidance document which states that the products carry a number of consumer risks and are not subject to the same protections as registered pension plans or insurance products. 

• Ontario regulator proposes new rule for segregated fund disclosure 

The Financial Services Regulatory Authority of Ontario proposed a rule to make the enhanced cost disclosure and performance reporting guidance for investment and segregated funds legally binding. 

• Sanctions for pre-signed forms levied against former Fredericton rep 

A Canadian Investment Regulatory Organization hearing panel has entered into a settlement agreement with a former dealing representative. 

• Applied Systems acquires artificial intelligence firm 

The Canadian insurance software provider, announced July 23, that it had acquired an artificial intelligence (AI) company specialized in the commercial insurance industry.

• Leede Jones Gable fined for failed supervisory and money laundering policies 

In the settlement agreement between Leede Jones Gable and the regulator, the firm agrees it failed to adequately supervise the activities of Larry Martin, himself sanctioned in November 2021.