Wealth insights for your business needs
Submitted by Brett on December 7, 2023 - 12:00pm
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PDF version | View in browser | Afficher dans le navigateur | |  | | | | | We've put together some useful information to help support conversations with clients. Helping them focus on their investment goals and options. Find out about negative guarantees and options for your clients, toolkits to help your clients save for retirements and more. | Talking to your clients about their retirement plans this RRSP season?
You'll want to check out the market volatility toolkit
With the market volatility we've seen this past year, your clients are looking to you for investment advice now more than ever – especially when it comes to saving for retirement. The toolkit's articles, charts and videos will help you prepare for client conversations and ease clients' worries this RRSP season.
Plus, you can now find the Navigating market volatility flipbook in traditional and simplified Chinese. Don't wait, check out the toolkit now! | | | |
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| | | An easier way of doing segregated fund business!
Available exclusively through Workspace, here's what the new Canada LifeTM digital segregated fund application includes:- A dynamic and guided platform.
- Visual cues, resulting in fewer errors.
- Enter necessary information only once; after that the application automatically populates duplicate fields.
- A faster, easier, DocuSign enabled experience.
Learn more › | | |
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| | | | Help clients earn a 4% minimum return this RRSP season | From now until April 23, 2024, we're waiving part of the management fees on the Canada Life Money Market segregated fund to help ensure your clients get at least 4% back on their investment, annually.1 This gives your clients the best of both worlds:- Security, stability and somewhere they can put their money, where they get the benefits of a segregated funds contract and a targeted return of 4% annually.2
- Access to the markets through short-term investments, so they can move into other funds quickly and easily as the markets change.
Your clients get this without any negative impact to your compensation. And if they're already getting more than a 4% net return, they'll continue to get that higher return. This offer is available exclusively for Canada Life Segregated Funds, and can be used in conjunction with our FEL, CB2 and CB4 sales charge options.3 Usual administrative processes apply. | | Learn more | | | | Be prepared for guarantee value conversations with clients | With more clients registering for the My Canada LifeTM client site, and year-end statements coming, it's important to know that maturity and death benefit guarantee information is available for segregated funds. Clients will see this information on My Canada Life. Guarantee information will now appear on 2023 year-end statements for Freedom Funds, Marketwatch and Estate Protection policies. This information will appear on future statements for other older segregated fund policies. This is a great opportunity for you to speak with clients about their investing goals and options. You can access guarantee information through Workspace.
Some clients with older London Life, Great-West Life and Canada Life segregated fund policies have guarantee values that are zero or negative. This can happen in policies where withdrawals reduce the guarantee values on a dollar-for-dollar basis. Clients invested in these older policies have been able to access market growth and, in some cases, they've withdrawn the same amount as (or more than) the guarantee value generated by the money they've contributed into their policy. If you have clients with negative guarantees values, we'll follow up and let you know how to access a list of clients and their impacted policy information.
Learn more about negative guarantees, how they happen and options for your clients. | | | | Wealth operations update | - Estimated Tax Slip Mailing Dates
- Fund Fact Booklet updates
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