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News and resources for Canada's top financial advisors
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News
Sun Life proposes $213.5M to settle Met Life class action
4+ mon, 1+ week ago (197+ words) Case stems from policies issued between 1985 and 1998 Sun Life Financial Inc. has reached a settlement in principle to settle a class action lawsuit about life insurance policies issued by the Metropolitan Life Insurance Company in the 1980s and 1990s, which Sun Life…...
FP Canada reviewing QAFP designation
5+ mon, 1+ week ago (802+ words) The association is lobbying for a financial planning tax credit — it needs more QAFPs to deliver FP Canada is re-evaluating its qualified associate financial planner (QAFP) designation as it tries to address a growing gap in access to financial advice…...
Ontario insurance sector second-most active for FSRA enforcement
5+ mon, 1+ week ago (437+ words) The number and amount of achieved sanctions in the life insurance sector make it the second-most active sector overseen by the Financial Services Regulatory Authority of Ontario, based on the regulator’s first-ever enforcement annual report, released on Monday. Across the…...