Impact of proposed ban of DSC Sales on Segregated Funds

Intermediaries and insurers will be impacted by this proposed regulatory change Regulatory BackdropThe long-anticipated harmonization of regulations on Mutual Funds and Segregated Funds has begun. The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) have announced a plan to ban Deferred Sales Charge (DSC)...