Is the DSC fee ban dead?

A type of commission on mutual fund sales was set to be banned, but the Ontario government threw a wrench in the works - will something else emerge in the interest of investors?

Ruth Saldanha 2 October, 2019 | 1:39AM

 

 

Ruth Saldanha: A year ago, in September, the Canadian Securities Administrators released its final position paper on how deferred sales charges or DSCs would be phased out. Then the Ontario government threw a wrench in the works by withdrawing its support of the plan to ban the DSCs. Since then, nothing has happened. What does this mean for DSCs? And what does this mean for you, the investor? Dan Hallett, VP and Principal at HighView Financial Group is here with us today to discuss this.

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Ruth Saldanha

Ruth Saldanha  Ruth Saldanha is Senior Editor at Morningstar.ca

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