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BMO offers more investment adviser help for online traders as demand for wealth planning grows


The Globe and Mail
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Bank of Montreal is accelerating its plans to offer one-on-one investing advice to high-end clients who are increasingly managing their own financial portfolios through low-fee online trading accounts.
A boom in online trading by do-it-yourself retail investors is fuelling new demand for investment advice from customers who are trying to navigate the markets, says Joanna Rotenberg, global head of Bank of Montreal’s wealth management operation. ....

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Blue Cross suspends sales of medical insurance for Mexico and Caribbean travel


The Globe and Mail
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Emilio Espejel/The Associated Press
The Ontario and Quebec divisions of travel insurer Blue Cross are suspending new sales of out-of-country emergency medical insurance for trips to Mexico and the Caribbean, in the wake of Ottawa’s decision to ban all flights to the popular sun destinations.
The directive takes effect Feb. 5 and requests for extensions of existing policies will only be made “on an exceptional basis.” ....

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