(L-R) Al Jones PAC, Richard Borland, MPP Jim Wilson, Advocis Simcoe-Muskoka Chapter President Raymond Matt, Gary Laakso and Advocacy Chair Erika Conyette pose for a picture during their visit to Queen’s Park on April 29, 2014.
It was a successful day for Advocis’ Simcoe-Muskoka Chapter during their visit to Ontario’s legislative assembly Queen’s Park for the 9th annual Queen’s Park Day. More than 100 members of the nearly 100-year-old professional association were present to meet with MPP’s to discuss issues of importance to Canadian consumers of financial services. One such issue being encouraged by Advocis Simcoe-Muskoka Chapter President Raymond Matt is Bill 157, an Act to regulate financial advisors. Currently in Canada anyone, regardless of education or experience, can call themselves a financial advisor. Advocis wants to change this by raising the professional bar. This would mean all individuals that call themselves financial advisors must be registered as such, bound by a code of professional conduct, carry adequate errors and omissions insurance, be a member of a professional association and complete minimum continued education requirements. Advocis is pleased to say they have strong support for Bill 157, it has passed second reading and is now in committee. Information on Bill 157 is available at the Legislative Assembly of Ontario’s website here.
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