www.insideHALTON.com | OAKVILLE BEAVER | Thursday, April 21, 2016 | 24 SALES PERIOD | APRIL 21-27, 2016 The rights of investors should be improved 20% All PA SAVE $10 F OFT O IO RUGS E V A OFF S 0 0 $1 0 ,P TS 3 E S O I 0% G AT TIO All PA S COVER UP T0 20% Dollars & Sense Guest Contributor Peter Watson On ERY ELIV D E E p FR nditions Ap ly Co 2999 Fairfield TALL PLANTERS Spring PLANTERS Reg. $39.99 All TREES, SHRUBS and REPLA All C CUSH EMENT IONS OFF SAVE S $30 20% OFF TERRA Essentials not included EVERGREENS 69 Reg. $99.99 99 SAVE $10 Mix & Match PANSY Trays ood news is coming... we hope. Bene cial changes could be introduced that will provide a much fairer environment for individual investors. Nothing has happened yet, however, the winds of change are blowing in the right direction. Ontario took one small step forward in the slow journey to increase investor protection. The idea is to implement investment industry practices that are designed for the best interest of investors. A committee has recommended a "Statutory Best Interest Duty" to all individuals and rms that provide nancial planning advice and/or sell investment products. Current practice is based on know-your-client and suitability requirements. An adviser must understand their client and also understand if a speci c investment recommended is suitable. There is no requirement that advice given, or the investment product recommended for purchase, be in the best interest of the client. It amounts to "buyer beware." Many investment products sold pay a sales commission to the adviser. The obvious question is: Is there a con ict of interest between what is good for the adviser and what is good for the client? The report Preliminary Policy Recommendations of the Expert Committee to Consider Financial Advisory and Financial Planning Policy Alternatives was released this month. Report part of ongoing process This one report is just part of an ongoing process leading to a nal report. Now, the committee wants to receive feedback either in writing or by interested parties attending one of several meetings scheduled during the coming months. If you want your voice heard on this important subject, we recommend you participate in the process. Written submissions can be emailed to: Fin.Adv. Pln@ontario.ca. For a list of dates and locations of the public consultation sessions, please visit the Ontario Ministry of Finance website at www. n.gov.on.ca/en/consultations/ fpfa. If you believe the standard of care in the investment business should be elevated, and advisers act in the best interest of their clients, then we strongly recommend you get involved. Your opinion has been requested. This is your opportunity to make a difference. see Real on p.28 799 www.facebook.com/YourTERRA/ www.terragreenhouses.com 48 plants per tray. Reg. $17.99 99999 Cantilever with base. 10'Square UMBRELLA $300 SAVE Reg. $1,299.99 OPEN 7 DAYS A WEEK Monday - Friday 8 am - 8 pm | Saturday - Sunday 8 am - 6 pm HAMILTON 340 Hwy 20 R.R. 1 East of Upper Centennial (905) 692-6900 | BURLINGTON Hwy 5 East of Brant St. (905) 332-3222 MILTON Britannia Rd. West of Trafalgar (905) 876-4000 | WATERDOWN Hwy 6 & 5th Concession East (905) 689-1999 VAUGHN Keele St. North of Kirby Side Rd. (905) 832-6955 All items while quantities last, subject to availability. Category offers exclude "TERRA Essentials".