Phase II of CSA's Mutual Fund Fee Reform Comes Into Effect Friday
The second phase of Canada’s re-shaping of the way investment advisers get paid kicks in tomorrow. The Canadian Securities Regulator will introduce part two of its Client Relationship Model — or CRM2 as it’s known. The new rules aim to increase transparency on fees and fund performance. Ian Russell, CEO, Investment Industry Association of Canada (IIAC) speaks on The Daily Brief.