Ellen Roseman

Personal finance columnist at the Toronto Star and previously the Globe and Mail. My passion is consumer advocacy and making sense of money

Sep 7, 2021
Published on: LinkedIn
1 min read

“There is a lot of daylight between having no options and having all the options,” Mr. Pereira said in an interview. “You cannot guarantee that you are going to have the lowest cost exchange-traded fund for every sector of the economy, or the best performing mutual fund for every sector of the economy. So, if you’re saying ‘We’re just going to sell our own stuff,’ then you are basically saying it doesn’t matter even if that is not the best outcome for your client.

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Banks halt sales of third-party mutual funds to prepare for rule change

theglobeandmail.com