Investment Fees and BCSC Research in the Media

The BC Securities Commission has been in the media talking about the importance of understanding investment fees.

Below are two stories related to a recent BCSC report that showed investors need to spend more time looking at the costs that come with investing their money.

Understand Your Investment Fees

According to recent BCSC research, investors in British Columbia can do more to improve their knowledge of investment fees – 28 per cent of investors do not know how their advisor is paid, and 36 per cent are not familiar with the types of fees they pay.

See the story on Global News

Investors under age 35 have a good understanding of investment fees, but are most likely to believe that a 1 per cent increase or decrease in fees will not have much impact on their returns. Similarly, investors with portfolios under $50,000 are less likely to know how much their advisor is paid. This group of is also less familiar with various types of fees, according to the report.

Read more in the Victoria Times-Colonist

New Disclosure Rules for Investment Fees and Performance

Between now and July 2017, investors should have received, or will receive, their first Report on Charges and Other Compensation—an annual document that shows a breakdown of the total amount paid to their adviser’s firm during the year to manage their accounts and investments.

Watch the interview on Global News

Investors will also receive their first annual Investment Performance Report, which outlines the market value of a portfolio. This information, when paired with an understanding of investment fees, can help start a conversation with a registered investment advisor.

These new reports and rules are part of the Client Relationship Model (CRM2), a set of Canadian Securities Administrators requirements that ensure investors receive essential information about the costs and performance of their investments. In 2016, we wrote about a set of videos that explain this initiative.

Learn More about Investment Fees on

You can improve your investment fee knowledge with these resources on

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected] You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form. is the British Columbia Securities Commission’s investor education website.

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More Resources

Regulator seeks input from BC investors on new reporting regime

As part of the Canadian Securities Administrators, the BCSC published proposals today that aim to provide investors with personalized information about the costs and performance of their investments Patricia discussed this topic from a client perspective in an earlier blog titled: What information must a financial advisor give to their clients. As you can see […]

Preventing elder financial abuse and investment fraud

World Elder Abuse Awareness Day occurs every June 15, and June 2 to June 8 is Seniors’ Week in BC. In order to bring attention to the issue of financial abuse of seniors, we are running a series of blog posts this month. In this post, I will focus on some findings from our 2012 […]