Seg funds will be subject to disclosure framework similar to mutual funds
The Canadian Council of Insurance Regulators (CCIR) published a position paper Dec. 13 on segregated funds which outlines the regulators' heightened expectations regarding cost disclosure.
The regulators underline that with the implementation of CRM2 rules, mutual funds are subject to different disclosure rules than seg funds. “With the expectations outlined in the CCIR position paper being...
by The IIJ Staff Dec. 13, 2017, 3 p.m.