FAIR Canada

#NewInvestorSurvey New research from FAIR Canada challenges some common assumptions about the dynamic, growing world of DIY Investing. Some key findings are that DIY-only investors have less risk tolerance and confidence in investing than ‘hybrid’ investors who also work with an advisor. Learn more in our press release: https://lnkd.in/gC-rV6bC Our research delves into: •   The types of investments purchased •   Reasons for choosing DIY investing •   Attitudes towards risk •   Views on and use of DIY platform tools To learn more, read the full report here: https://lnkd.in/g69WRez4 Follow us on X (formerly Twitter) @FAIRCanada #Investors #DIYInvestorSurvey #DIYInvestors #InvestorSurvey #InvestorResearch #FinancialAdvice #FinancialAdvisor

Did you know 61% of Canadian investors own mutual funds, according to the Investment Funds Institute of Canada’s 2024 report? Mutual funds can diversify your portfolio but also have risks and built-in costs. Before investing, make sure to ask: ·      What is the mutual fund’s goal? ·      How risky is the fund? ·      How has the mutual fund performed? ·      How much does the fund charge in fees? For more tips and a full list of questions to ask, visit GetSmarterAboutMoney.ca: https://lnkd.in/gkXE8vNr #Investors #MutualFunds #Investments #Finance #OSC

What’s Your 2025 Financial Resolution? Ready to take control of your finances? Avoid making excuses like “I’ll save later” or “I have too many bills.” Now’s the time to set clear goals, create a budget, and start planning for your future! Check out these resources: Investing Basics from the Canadian Securities Administrators’ tools and resources: https://lnkd.in/g2jjDtvz   “How to Get Started With Investing” from the Ontario Securities Commission: https://lnkd.in/gxqnMy7N Share your financial resolutions by commenting below! #Investors #2025NewYear #FinancialResolution #NewYearResolution #FinancialGoals 

L'équipe de FAIR Canada vous souhaite de joyeuses fêtes!

Happy Holidays from the team at FAIR Canada!

FAIR Canada soutient la proposition de l'Organisme canadien de réglementation des investissements (OCRI) d'indemniser les investisseurs en cas d'inconduite. Même si cette proposition est utile, elle changera vraiment la donne en obligeant les membres de l'OCRI à se conformer aux décisions d'indemnisation de l'Ombudsman des services bancaires et d'investissement (OSBI). Les Autorités canadiennes en valeurs mobilières prévoient de partager une proposition de suivi sur le pouvoir contraignant de l'OSBI en 2025. Nous suivons de près l'évolution de la situation et nous nous efforçons d'obtenir un système qui fonctionne vraiment pour les investisseurs.   Pour en savoir plus, lisez notre lettre de commentaires : https://lnkd.in/grU6qsc2   Pour plus d'informations sur notre travail de défense des investisseurs, visitez le site FAIRCanada.ca.

FAIR Canada supports the Canadian Investment Regulatory Organization’s (CIRO) proposal to compensate investors due to misconduct. While the proposal will help, a real game changer would be for CIRO to require its members to comply with the Ombudsman for Banking Services and Investments’ (OBSI) compensation decisions. The Canadian Securities Administrators plans are continuing their work on making OBSI decisions binding. The coalition of consumer advocates continues to support their work—we need a system that truly works for investors. To learn more, read our commentary: https://lnkd.in/gHZ9f_-p For more information on our investor advocacy work, visit FAIRCanada.ca #Investors #Investing #Finance #InvestorProtection #Regulation #CIRO

Le calcul d'une indemnisation équitable pour les investisseurs qui ont été placés dans des produits inadaptés n'est pas toujours évident, en particulier lorsqu'il n'y a pas de marché actif pour ces produits. Pendant plusieurs années, après avoir consulté des courtiers en valeurs mobilières et des intervenants publics, l'OSBI a mis au point ce que les experts considèrent comme une méthode solide, transparente et équitable pour calculer ce montant. Nous sommes d'accord avec les experts et soutenons l'approche de l'OBSI. Pour en savoir plus sur notre point de vue sur ce sujet, lisez notre commentaire : https://lnkd.in/g3_vgMut

Calculating fair compensation for investors put into unsuitable products is not always clear-cut, particularly where there is no active market for those products. Through consultations with investment dealers and public stakeholders, OBSI developed what experts consider a robust, transparent, and fair method of calculating that amount. We agree with the experts and support OBSI’s approach. To learn more of our views on this topic, read our commentary: https://lnkd.in/g7fzvd9E #Investors #InvestorProtection #Investments #Securities #Finance #OBSI

We applaud the Ontario Securities Commission and the Canadian Investment Regulatory Organization for undertaking a joint review of sales practices at bank branches. In 2017, FAIR Canada raised serious concerns that bank branch “advisors” focused more on selling products than giving advice. Many financial advisors are licensed salespeople pushing products to meet their sales targets and the banks’ compensation incentive programs. Canadians expect to receive and believe they are receiving advice from banks that is in their best interest. Read FAIR Canada’s letter to regulators calling for action: https://lnkd.in/gb3H6jJp Also check out The Toronto Star story with insights from JP Bureaud, FAIR’s Executive Director: https://lnkd.in/gbYzHkUy