CRM2

CSA publishes research on impact of Client Relationship Model Amendments on industry and investor behaviour

Retrieved on: 
Thursday, April 25, 2024
ETF, Investment, MERS, Research, National instrument, CRM2, CSA, Alberta Securities Commission, Disclosure, Financial adviser

TORONTO, April 25, 2024 /CNW/ - The Canadian Securities Administrators (CSA) today published two research reports that examined the investment fund industry and investor behaviour following the implementation of the Client Relationship Model Phase 2 (CRM2) Amendments.

Key Points: 
  • TORONTO, April 25, 2024 /CNW/ - The Canadian Securities Administrators (CSA) today published two research reports that examined the investment fund industry and investor behaviour following the implementation of the Client Relationship Model Phase 2 (CRM2) Amendments.
  • The research findings suggest that overall industry behaviour has been shifting in directions that are consistent with the study hypothesis on the impact of these regulations.
  • The findings also provide evidence that disclosure-based regulations may be an effective tool in changing industry and investor behaviour.
  • It is important to note that the changes in industry behaviour cannot be directly attributed to the CRM2 amendments.

IFIC and Pollara Release 2022 Canadian Mutual Fund and ETF Investor Survey

Retrieved on: 
Monday, October 3, 2022
ETF, CRM2, Industry, Research, Mutual fund, CEO, Â, IFIC, Goal, Human, MF, Investment, Creativity, Organization, GLOBE, Financial adviser

TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) and Pollara Strategic Insights today released the results of their annual Canadian Mutual Fund and Exchange-Traded Fund Investor Survey.

Key Points: 
  • TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) and Pollara Strategic Insights today released the results of their annual Canadian Mutual Fund and Exchange-Traded Fund Investor Survey.
  • The samples for the 2022 survey were 4,045 MF investors and 1,503 ETF investors.
  • For mutual fund investors, confidence their product will help them achieve financial goals is at 88%, and for ETF investors, confidence is at 91%.
  • 80% of mutual fund investors and 73% of ETF investors believe that they get a better return on investments due to their financial advisor.

IFIC Makes Submission to CSA on Total Cost Reporting Consultation

Retrieved on: 
Wednesday, July 27, 2022
Association, LLP, Segregated fund, Time, CRM2, IFIC, GLOBE, PricewaterhouseCoopers, FER, Human, Industry, CEO, CSA, Risk, Research report, Organization, Mutual Fund Dealers Association, Total cost, Investment, Annual report, Comment, Risk management, Renewable energy

TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today made its submission to the Canadian Securities Administrators (CSA) in response to the CSA and Canadian Council of Insurance Regulators Joint Notice and Request for Comment related to Total Cost Reporting for Investment Funds and Segregated Funds.

Key Points: 
  • TORONTO, July 27, 2022 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) today made its submission to the Canadian Securities Administrators (CSA) in response to the CSA and Canadian Council of Insurance Regulators Joint Notice and Request for Comment related to Total Cost Reporting for Investment Funds and Segregated Funds.
  • IFIC prefaced its submission by reiterating that it has supported expanded cost reporting to investors since 2017, shortly after the implementation of CRM2.
  • This position was also outlined in IFICs 2018 submission to the Mutual Fund Dealers Association of Canada.
  • In its submission, IFIC recommended against the proposed inclusion of a fund expense ratio (FER) in quarterly client account statements.

IFIC and Pollara Release 2021 Canadian Mutual Fund and ETF Investor Survey

Retrieved on: 
Wednesday, September 29, 2021
CRM2, Human, CEO, Communication, Knowledge, Technology, COVID-19, MF, Creativity, IFIC, Research, Organization, Mutual fund, Industry, GLOBE, Financial adviser

TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) and Pollara Strategic Insights today released the results of their annual Canadian Mutual Fund and Exchange-Traded Fund Investor Survey .

Key Points: 
  • TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) -- The Investment Funds Institute of Canada (IFIC) and Pollara Strategic Insights today released the results of their annual Canadian Mutual Fund and Exchange-Traded Fund Investor Survey .
  • The survey this year included questions about the impact of the COVID-19 pandemic on Canadian mutual fund and ETF investors, and their ability to save and invest.
  • IFIC and Pollara have continued to adapt the survey to explore the new issues that matter to Canadian investors, which ultimately helps the industry better understand their needs, said Paul Bourque, President and CEO, IFIC.
  • There were significant increases in satisfaction with CRM2 statements in 2021 for both MF and ETF investors.