Which of the following is a professional association for advisors in Canada?

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Advocis is indeed the correct choice as it serves as a professional association for financial advisors in Canada. This organization focuses on representing the interests of its members, providing resources, advocacy, and continuing education to enhance the professionalism and effectiveness of its members in the financial services industry. Established in 1906, Advocis works specifically for the advancement of insurance and financial advisors, helping them to navigate changes in the marketplace and regulations.

The other entities listed play different roles in the financial landscape. The Council of Insurance Regulators (CCIR) focuses on facilitating cooperation among insurance regulatory authorities across Canada to ensure consistent regulatory practices. The Office of the Superintendent of Financial Institutions (OSFI) is a federal agency that regulates and supervises banks and insurance companies to ensure their financial stability and compliance with legal requirements. Similarly, the International Association of Insurance Supervisors (IAIS) is a global organization that sets standards for the insurance sector and promotes effective supervision among its members, but it does not serve directly as a professional association for individual advisors.

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