With all that has been in the press lately about aggressive selling tactics by Canadian banks, Scott found this CBC article posted on their website this morning at 5am.(yes, he gets up very early to read). And it is obviously not just bank tellers who are under the gun - it is rampant through the Investment Advisor channel too.
I present with little comment, other than to say, "we have been talking about this for 6 years":
And, even more recently when I wrote the following blog:
Don't be embarrassed - 99% of the people out there have no idea who is actually managing their money (usually a Portfolio Manager, like High Rock) or what they are actually paying for investment management services. If you want to learn more and desire:
Hats off to Stan Buell (Small Investor Protection Association) for bringing some of this to light, Mike Black for having the courage to go public with his experience and ordeal and the CBC too.
There is an alternative...you just need to email or call.