Financial regulators reviewing alleged high-pressure bank sales tactics By: The Canadian Press Posted: 1:05 PM CST Tuesday, Nov. 26, 2024 Last Modified: 1:10 PM CST Tuesday, Nov. 26, 2024 ...

Following a review of sales practices at the Big Five banks’ fund dealers, regulators are calling on the banks to review their approach to reps’ compensation, performance metrics and the pressure that ...

Jason Pereira, senior partner and financial planner at Woodgate Financial, says Canadians should be aware that banks have no obligation to work in their best interests. Mutual fund dealing ...

The move follows a report that found evidence that employees at the Big Five banks are under pressure to push products and services that are harmful to consumers. Updated Dec. 9, 2024 at 3:16 p.m.