| To view this email as a web page, click here. | |  | | | | | As regulatory direction continues to evolve, we’re supporting you with the introduction of a new two-year chargeback sales charge option for our Canada Life Segregated Funds policies, available on or about May 12, 2023.1 | Sales charge options designed to suit your business
At Canada Life, we’re committed to refining our product shelf to be competitive, relevant, and positioned to win. Our new two-year chargeback option complements our existing four‑year chargeback and front-end load (FEL) options, giving you access to flexible options to suit your business. You should choose the sales charge option that's right for your client’s needs.
Competitive commission recognizes the value of your advice
With our two-year and four-year chargeback options, you’ll earn upfront gross sales commission of 3% and 3.5%, respectively, with trailers beginning in the first month.2 We’ll continue to offer 4% upfront gross sales commission on our current four-year chargeback option until May 11, 2023.
When paired with our impressive segregated fund shelf performance, ranking as the second strongest performing shelf out of the industry's largest competitors over the latest one-year period, our new chargeback offering adds more flexibility to the strength of our segregated funds offering for you and your clients.3
Questions?
For questions about chargeback options, connect with your Canada Life wealth wholesaling team.
For questions about your compensation, refer to the compensation guide or contact commissions@canadalife.com. | | | |
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