Guest column: Clients, tax and caution
With revamped enforcement powers and the international exchange of information, the CRA is ramping up to pursue impugned tax-motivated investments
- By: Stevan Novoselac
- August 25, 2016 November 17, 2019
- 23:45
With revamped enforcement powers and the international exchange of information, the CRA is ramping up to pursue impugned tax-motivated investments
The carve-outs for any proposed best interest standard to avoid adverse market consequences would be extensive and complicated
The PCs were toppled and the NDP now reigns, with the right-leaning Wildrose Party in Opposition. But more than 50% of voters chose conservative parties
The Investor Advisory Panel's report calls for further changes that may not be in the interests of ensuring that investors are informed
New trade agreement with the European Union offers huge opportunities for Canada's investment industry
Fee disclosure and the new "pay for performance" mentality will likely lead to abandonment of the typical 60/40 asset mix
One of the benefits of CRM2 is that it puts a visible, understandable price tag on the value of advice
Canadian seniors are already doing well. Boosting the CPP, as some are suggesting, is not the right way to improve savings
Regulators should be cautious, placing more emphasis on efficiency in the regulation of capital markets to calm nervous investors
It's crucial that future regulation not be based on Canada's lack of confidence due to a misguided inferiority complex
Consistency and efficiency are the new priorities in securities regulation
Are dealers getting what they need from the regulators?
Rocky markets, technology and changing demographics mean advisors need to boost client engagement
Advisors and their firms should avoid the growing trend of blaming clients if it is their own processes that are at fault
The CRM will help ensure a consistent standard of conduct in the investing process and enhance respect for advisors and firms
The new Fund Facts document is a major step forward; it should be tested and reviewed before further changes are made
Canadian financial regulators are hampered by the gridlock that comes with fragmentation. Independent oversight could promote new ways of thinking
Existing protections should not be removed until the new document has been improved to ensure investors have the information they need
Shareholders are taking increasing interest in the management of companies, and many are prepared to back their demands for change through proxy battles
Both consumers and the stability of insurance companies would benefit from decisive action to regulate a sector that has escaped oversight for too long
An expert working group is looking at ways to promote stability by making structural changes
Don’t write off NAFTA yet
Finding enough support in Congress to eliminate a program that has benefited significant numbers of Americans is next to impossible