The majority of Canadians are not financially literate enough to invest in capital markets, says the Canadian Foundation for Advancement of Investor Rights (FAIR Canada).
“[The] risks and costs [of products] are not readily apparent, and many if not most retail investors struggle to comprehend the choices available to them,” FAIR Canada notes in response to IIROC’s request for comment on its strategic priorities.
Advisor.ca – September 21, 2015.
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