From The Globe and Mail Custom Content Group
Coming soon: an industry-wide regulatory change called CRM2. Its goal: to provide investors with clear information that will help them have better conversations with their financial advisers about the progress they are making toward their financial goals.
November is Financial Literacy Month, a fitting time to revisit a critically important question: What do investors need to know to achieve their financial goals?
Change is coming... will you be ready?
An advisor’s greatest value is in working in partnership with clients, creating a plan, helping them understand how the products they purchase fit into their plan, and ensuring that clients make informed rather than emotional decisions.
Phasing in CRM2
Research shows that for most people, working with a financial advisor is the key to accumulating wealth.
According to investor survey, it’s all about that risk
A Franklin Templeton Investments survey conducted by The Wall Street Journal (WSJ) in December 2013 found that 83 per cent of investors believe risk management is the most important consideration in choosing investments.
Get the most from your professional financial advisor relationship
A recent study (Center for Interuniversity Research and Analysis of Organizations) revealed that an investor who works with an advisor accumulates 2.7 times more wealth than an individual who invests without advice—demonstrating that financial advisors clearly bring a lot of value to investors.
Effective July 15, 2014, Canada's investment dealers must provide a general description of benchmarks to their clients. This requirement is part of the new rules prescribed by the Canadian Securities Administrators (CSA).
Learn the facts about your funds
Within two days of investing in a mutual fund, you will receive Fund Facts to help you understand your investment.
What to ask and expect from your financial advisor
Licensed advisors are overseen by regulators and must complete education programs after they are registered to help them keep on top of new financial products, rules and regulations, and industry trends.