L'Assocation Des Conseillers En Finance Du Canada / The Financial Advisors Association of Canada
Enregistrement :
14
de
35
(2015-02-24
à
2015-06-18)
Politique ou Programme
Advocis will discuss possible programs and services related to increasing financial literacy of Canadians with the new Financial Literacy Leader and the Financial Consumer Agency of Canada
Advocis would like to see changes to the RIF drawdown rules at age 71 when converting from an RRSP to allow for a longer time horizon and less up front draw down amounts.
Pensions - Participating in discussions regarding changes to the Retirement Income System to improve pension coverage and retirement income adequacy for Canadians.
Politique ou Programme, Règlement
2013 Federal Budget announced it will be reviewing competition in financial services and undertaking a review of the regulatory framework, including the process for approval of new financial institutions.
Advocis will be discussing the need to raise professional standards for financial advisors and will seek federal government support to encourage provincial governments to create financial advisor professional standards in provincial legislation and through internal trade agreements. This may also impact the federal government's involvement in securities regulation.
Proposition législative, Projet de loi ou résolution
Bill C-12: An Act to amend the Personal Information Protection and Electronic Documents Act. In discussions with the Minister of State (Seniors); Employment and Social Development Canada (ESDC) regarding the ability of individuals to pass on personal information to government and other authorities in situations where there is suspicion of elder financial abuse.
Financial Institutions - Advocis will participate in the upcoming review of the Bank Act to ensure that consumers are adequately protected and a level playing field is maintained as it relates to the insurance retailing restrictions.
Securities Regulation: Participating in discussions regarding a National Securities Regulatory Framework
Telecommunications - We participate in consultations and undertakings by the government related to the National Do Not Call List, The Unsolicited Telecommunications Rules and the Telecommunications Act to ensure that legitimate business uses of telecommunications can continue and our members can communicate with their clients and potential clients in an efficient manner. We would like to obtain equivalent treatment for our members regardless if the financial advisor is an insurance advisor as opposed to being an investment advisor by receiving an exemption from the Unsolicited Telecommunications Rules if making telecommunications to existing clients.
Proposition législative, Projet de loi ou résolution, Règlement
Cooperative Capital Markets Regulatory System - Capital Markets Stability Act - Advocis is seeking changes to the definition of securities to exclude the potential to capture provincially regulated insurance products such as segregated funds. The proposed legislation should include provisions for the incorporation of financial advisors.
Industry - In discussions with Treasury Board regarding Red Tape Reduction.