Banning of Commissions

Submitted by Advocis Calgary on June 26th, 2013

In the June 6th Financial Post, Greg Pollock has a Comment piece on why banning commissions will decrease access to advice. Please take the time to read this piece as the potential banning of commissions on financial products in Canada is one of the biggest threats to this industry that Advocis has seen in its 106-year history. http://opinion.financialpost.com/2013/06/06/ban-commissions-on-mutual-fu...

Having Greg's article published in the Financial Post is a major win for Advocis and its members - and the timing couldn't be better. If you feel strongly about this position paper from the CSA (The Canadian Securities Administrators), I encourage you to read the April 2013 Regulatory Bulletin #052-04/13 found on the Advocis Website.

Mike Bibby, CFP, CLU, CHS, CPCA
Advocis Calgary President