You can outsource business processes but not your compliance responsibilities.

June 15, 2015 Leave your thoughts You can outsource business processes but not your compliance responsibilities

When it comes to outsourcing business processes the advantages seem obvious. It may make perfect sense to go this route so that you can focus on your core business activities, i.e. developing and marketing financial products. Leave the non-core activities to others, i.e. the administration. The only work involved for […]

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The ship has sailed on pension reform

December 10, 2014 Leave your thoughts The ship has sailed on pension reform

As we reach the end of 2014, it has become clear that the Pension Reform announced last March by the Chancellor George Osborne is here to stay. It is universally popular with retirees and no potential government can hope to get in without promising to maintain it. Only time will […]

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Canada’s securities regulation reform is kicked to touch

December 17, 2013 Leave your thoughts Canada's securities regulation reform

The reports of yesterday’s meeting of the provincial finance ministers, under the chairmanship of the Federal Finance Minister Jim Flaherty , were predictably focused on the never-ending discussion about expanding the Canadian Pension Plan. However, a more important issue is being ignored by this relentless focus on pensions; the need […]

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Regulation, Regulation… Regulation

December 3, 2013 Leave your thoughts

The publication of the SNP’s white paper on Scottish independence last week has given rise to a lot of discussion on its effects on every industry if the referendum on independence was to get a “yes” response. As the main debate has been around the economic effects of a sundering […]

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Canada needs to resist politician’s syllogism

September 19, 2013 Leave your thoughts Canada needs to resist politician’s syllogism

Politicians frequently act upon the politicians’ syllogism: We must do something. This is something, Therefore we must do this. This is analogous to the famous syllogism: All dogs have four legs. My cat has four legs, Therefore my cat is a dog. In the fraught arena of financial services regulation, […]

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TechLife Exaxe Newsletter March 2013

March 7, 2013 Leave your thoughts

[dropcap letter=”T”]he March print edition of TechLife is now available. TechLife is published every quarter and is filled with industry news, white papers and information on legislative changes. If you wish to receive a hard copy of TechLife please email marketing <@> exaxe <.> com with your name and postal […]

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Parti Quebecois breathes life back into VRSPs

December 14, 2012 Leave your thoughts

The news that the new Quebec Government is going to look at resurrecting the Liberal’s Voluntary Retirement Savings Plan (VRSP) proposal is great news for the future of retirement in Canada. Of all the provinces, only Quebec was brave enough to tackle the issues and introduce a bill to have […]

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“Caveat venditor” – another superficial solution

November 20, 2012 Leave your thoughts

The establishment keeps contradicting itself over the entire pensions’ area because they won’t face up to the basic fact that investment is a ‘risk’ business and people who take risks sometimes lose out. The starting point for the government is that the taxpayer can’t afford to pay for people in […]

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