In January 2007 Ms. P was 52 years old. Her ex-husband had recently passed away leaving her about $300,000 in an RRSP at a large bankowned investment firm. She contacted the advisors on the RRSP account to discuss estate transfer matters.
Mr. A's parents had signed a Power of Attorney (POA), prepared by their lawyer, giving their son wide-ranging control over their financial affairs. For almost a decade, Mr. A managed his parents' finances without incident.
TD Withdrawal • Board of Directors’ Statement • Consumer and Investor Advisory Council Statement • OBSI Bylaw • Letter from the CSA, IIROC and MFDA • G20 Endorses Financial Consumer Protection Principles • Stakeholder Reception
Financial Consumers Need a Fair & Independent Complaint Resolution Process
Independent Reviewer’s Report • Public Consultation Update • INFO2011 Conference • Board of Directors – New Member
OBSI Board of Directors Accepts Report of Independent Reviewer
Ombudsman for Banking Services and Investments Releases List of Frequently-Seen Seniors Issues
Ombudsman for Banking Services and Investments Releases List of Frequently-Seen Seniors Issues
This website uses cookies to enhance usability and provide you with a more personal experience. By using this website, you agree to our use of cookies as explained in our Privacy Policy.
