New proposed amendment addresses removal of DSCs on existing seg fund contracts
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Clients now get protection for at least 90% of their death benefits, seg fund guarantees and other coverages if their life insurer fails
Ban should apply in provinces that have yet to announce it, regulators say
Participating life helps drive Canadian insurance sales, but wealth sales drop 23%
Within wealth management, retail net inflows dropped 80%
Wealth management and individual insurance sales dropped at iA Financial
Regulators are drafting new guidance that may lead to revised life insurance licence requirements
Almost half of high-risk agent reviews found best-practice failures
Advisors should “show a less rosy picture” than the DSIR