Big banks’ sales targets may influence mutual fund advisers’ product recommendations, review finds

theglobeandmail.com/business/article-regulatory-review-finds-mutual-fund-staff-at-big-banks-face-pressure

A regulatory review of the sales practices at Canada’s Big Five banks found that mutual fund advisers face a high degree of pressure to meet sales targets, which can lead to products or services being offered that are not in the clients’ best interests.
In a joint statement on Wednesday,…

This story appeared on theglobeandmail.com, 2025-07-09 13:00:00.
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