monitor money > Increase confidence to invest IN THIS ISSUE > Reduce your risks with the right investments > Money Monitor notes

Size: px
Start display at page:

Download "monitor money > Increase confidence to invest IN THIS ISSUE > Reduce your risks with the right investments > Money Monitor notes"

Transcription

1 Newsletter for Canada Life s segregated fund investors Summer 2010 monitor money Increase confidence to invest If you re hesitant to get back into the market, you re not alone. Some investors still feel the uncertain after effects of the recent economic downturn, and they re concerned about any further erosion of savings. However, markets are recovering. Investor confi dence is growing, but many have money on the sidelines in either cash or cashable short-term investments like money market funds, guaranteed interest certifi cates, and low interest rate bank accounts. Many investors are essentially sitting out of the market in an effort to protect their capital from loss. Unfortunately they re also limiting growth potential by being in investments that have either no or low rates of return. Even at the best of times, these investments barely keep up with infl ation. IN THIS ISSUE > Increase confidence to invest > Reduce your risks with the right investments > Money Monitor notes Historical segregated fund money market returns 1 (more ) 1 Source: Morningstar CAN Canadian Money Market Segregated Fund returns, as at December 2009

2 GIC and daily interest savings accounts also limit growth potential. GICs may be important planning products but do not usually meet the needs for longer term planning. Historical average guaranteed interest certificates (GICs) rates 2 and daily interest savings account rates 3 1-year average rate 3-year average rate 5-year average rate 1-year GIC 0.40% 1.79% 1.81% 3-year GIC 1.52% 2.44% 2.45% 5-year GIC 1.95% 2.75% 2.84% Daily interest savings account 0.23% 0.36% 0.49% 2 Source: historical GIC rates from Jan. 1, 2004 to Dec. 31, Source: Bank of Canada, Department of Monetary and Financial Analysis, January 1989 to December 2009 Former Bank of Canada governor David Dodge reports many Canadians are unaware of the high savings levels they need for their retirement years. We estimate that most Canadians, should they wish to retire at age 65 and replace 70 percent of their working incomes, will need to save from 10 to 21 percent of their pre-tax earnings every year, if they save for 35 years. C.D. Howe Institute study: The Piggy Bank Index: Matching Canadians Saving Rates to Their Retirement Dreams By David A. Dodge, Alexandre Laurin and Colin Busby, March 18, GICs offer excellent value for investors with low tolerances for market risk and who have shorter- or fi xed-term planning needs. GICs guarantee fi xed returns and protect assets from a loss of capital. Risk associated with avoiding the markets Little or no return in a portfolio can mean running out of income during retirement a concerning prospect for most. We re currently in an unprecedented time in history where the number of years people work can be equal to the number of years they re expected to be in retirement. When employed, people are working for their money. In retirement, people want their money to work for them. Investors trying to build their investment assets, through cash or cashable short-term investments, might need to save almost every dollar they earn during their working years to fund their retirement. This is likely an unworkable strategy. The Canada Life Assurance Company Newsletter for segregated fund investors: Summer 2010

3 Reduce your risks with the right investments It s important you re comfortable with your plans. It takes the proper plan to protect your savings and retirement income. There are ways to structure your investments so you can access growth and reduce risks. Consider the following groups of people. You may fall into one of these groups years from retirement Grow and protect your savings You want to save for retirement, grow your assets, and protect the assets you ve already built up. Maturity guarantees can improve confidence Segregated fund policies are insurance products that provide up to 100 per cent maturity and death benefit guarantees while providing access to market returns. This means up to 100 per cent of the money you put into the policy can be guaranteed to you upon the maturity of the policy or on death 4. Investors can also use optional resets to capture market gains and protect against any market downturns. By moving assets into segregated fund policies, you can access this protection on your existing assets. If you save regularly, you can contribute to segregated fund policies through a range of pre-authorized chequing (PAC) plan options. With PACs, you make a commitment to your future by setting up regularly occurring contributions to your investments. 0 years to between 10 and 15 years from retirement Protect your future retirement income When you re younger, you have a greater number of years to work and build up your savings. If you have many years left to earn and save, you can be relatively aggressive and accept some market risk. This is because you have the time and future earning potential to recover if markets experience a downturn. As you near retirement, your future income potential declines. And with the right planning your savings are substantial. Canada Life offers a new way to protect you in the years leading up to retirement 0 to 10 years before retirement is sometimes referred to as the retirement risk zone, as illustrated in the chart on the following page. 4 Please see the Canada Life segregated funds information folder for details.

4 Transfer some of the risk Transfer some income risk to the lifetime income benefi t option The Canada Life lifetime income benefi t option can be added to a segregated fund policy to protect your future income in the event of poor markets. If you re sitting on the sidelines, this new option may present an attractive alternative to low-return investments. The segregated fund policy provides access to the growth potential of the market; the lifetime income benefi t option can create certainty of income for the future. While not the right solution for everyone, and typically only for a portion of one s portfolio, the lifetime income benefi t option can effectively transfer some of your income risk to Canada Life. Canada Life then guarantees a level of income for life in exchange for a monthly fee that comes from the balance of your policy. The lifetime income benefi t option helps protect from the negative effect of market declines, but also allows you to potentially grow your assets with funds holding up to 70 per cent of assets in equities. The income risk transfer strategy is not for long-term accumulation. It s a retirement-income-planning strategy. It can be appropriate if you re actively talking about and planning for retirement or have a mandatory retirement date approaching and a guaranteed income need. Still in savings mode but thinking about the future? Invest in a Canada Life segregated funds policy today, and then add income protection with the lifetime income benefi t option later, when your retirement plans become more concrete. Some of the key features of the lifetime income benefi t option include: Deferral bonuses if you don t immediately need to draw an income, this feature provides a fi ve per cent nominal deferral bonus every year until withdrawals are made or you start income from the policy. This bonus is used to determine income. It is not a cash bonus. Income resets create the potential for guaranteed lifetime income payments to increase based on market performance. The fi ve-to-10 years prior to retirement is the most effective time to add the lifetime income benefi t option. This time the retirement risk zone represents an important risk to your future income. It s important to regularly review your savings and retirement expectations with your advisor*. Your advisor can help you put a plan in place to meet both your short and long-term needs. 5 Excess withdrawals will decrease the lifetime income amount and you will no longer be eligible for any future bonuses. An excess withdrawal is a withdrawal that exceeds an annual guaranteed income amount.

5 Strike the right balance Article provided by Balanced funds have a risk/return profile somewhere between equities and bonds. Equities provide the potential for higher returns through capital appreciation, but can also add volatility to returns. Bonds provide some stability through a steady income from interest payments. Having said this, stocks can provide income from dividends, while bonds, depending on changes in credit spreads or interest rate levels, can produce both capital gains and losses. Balanced funds take a similar approach to that of pension funds they expose clients to all the necessary components of a globally diversified portfolio. Balanced funds provide an ideal alternative for investors seeking additional investment options who have traditionally only been invested in guaranteed investment certificates (GICs) or fixed term deposits. The theory behind a balanced approach is that it combines equities (domestic and foreign) with bonds. Certainly, the last few years have proven the benefits of such diversification. While these benefits are obvious, a less-acknowledged advantage of a balanced approach is the discipline it provides many investors. When evaluating a balanced fund, you need to understand how the investment manager adds value. Your advisor can help. What s the long-term strategic asset mix? How much and how often does the investment manager change the asset mix? The larger the shifts in the asset mix, the higher the unpredictability of returns in comparison to the long-term asset mix. As is often the case with life, when you seek balance, you have the potential to achieve stability. The commentaries on the company-specific information and purchases and sales were provided by Laketon. Canada Life will not be liable for any loss or damages whatsoever, whether directly or indirectly incurred, arising out of the use or misuse or errors or omissions in any information contained in this newsletter. The data provided in this commentary is for information purposes only, and except where indicated otherwise, is current as of April 30, 2010.

6 Money Monitor notes Lifetime income benefit guaranteed income for life In October 2009, Canada Life introduced new segregated funds policies with the lifetime income benefit option. The lifetime income benefit option has features and guarantees to fulfill retirement income needs: Guaranteed lifetime income at any age (starting at age 50) Guaranteed lifetime income to any age Income you receive can increase the older you become. It can also increase before and after income begins. Maturity and death benefit guarantees Access to assets ** For more information on Canada Life segregated funds policies plus the lifetime income benefit option a powerful combination see the lifetime income benefit website at lifetimeincome.canadalife.com. ** Excess withdrawals will decrease the lifetime income amount and you will no longer be eligible for any future bonuses. An excess withdrawal is a withdrawal that exceeds the annual guaranteed income amount. Rates of return available online or through your advisor You can access current rates of return online at through fund facts. Alternatively, you may obtain hard copies from your advisor. Audited 2009 financial statements available To obtain a copy of the annual audited financial statements, call our Client Service Centre at Harmonized sales tax (HST) Effective July 1, 2010, expenses charged to investment funds will be subject to HST in Ontario, British Columbia, Nova Scotia, New Brunswick and Newfoundland and Labrador, and GST elsewhere. Fees and other expenses paid by funds will be subject to tax at a blended rate based on the proportion of fund units held by clients in each province and will be reflected in the net unit value of the fund. A description of the key features of the segregated fund policy is contained in the information folder. Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value. * In Quebec, advisor refers to a financial security advisor for individual insurance and segregated fund policies; and to an advisor in group insurance/annuity plans for group products. For more information about Canada Life and its products visit or talk to your advisor. The Canada Life Assurance Company, 330 University Avenue, Toronto, ON M5G 1R8 Helping people achieve more MCC# Canada Life and design, Helping people achieve more and Canada Life Generations are trademarks of The Canada Life Assurance Company /10

Lifetime income benefit

Lifetime income benefit Canada life segregated Funds Lifetime income benefit Guarantee your income for life Grow income don t allow it to decrease Financial strength and stability Founded in 1847, Canada Life TM was Canada s

More information

Lifetime income benefit

Lifetime income benefit Canada life segregated Funds Lifetime income benefit Guarantee your income for life Grow income don t allow it to decrease Financial strength and stability Canada Life, founded in 1847, was Canada s first

More information

Lifetime income benefit

Lifetime income benefit London Life segregated policies Lifetime income benefit Guarantee your income for life GUARANTEES PROTECTION STRENGTH Financial strength and stability London Life, together with Great-West Life and Canada

More information

ScotiaMcLeod Investment Planning Questionnaire

ScotiaMcLeod Investment Planning Questionnaire ScotiaMcLeod Investment Planning Questionnaire Your responses to this questionnaire are very important. They will provide the basis for us to evaluate your risk tolerance level that will be used to develop

More information

Lifetime income benefit

Lifetime income benefit Lifetime income benefit Guarantee your income for life Great-West Life segregated fund policies Segregated fund policy information Investments tailored to protect you Table of contents Financial strength

More information

monitor money Currency fluctuations influence returns What a strong Canadian dollar can mean to your investments

monitor money Currency fluctuations influence returns What a strong Canadian dollar can mean to your investments Newsletter for Canada Life s segregated fund investors Summer 2011 monitor money Currency fluctuations influence returns In this issue > Currency fluctuations influence returns > Segregated funds address

More information

FUND FACTS Co-operators Very Conservative Portfolio December 31, 2014

FUND FACTS Co-operators Very Conservative Portfolio December 31, 2014 Co-operators Very Conservative Portfolio December 31, 2014 Quick Facts Date fund created: December 31, 2003 Total value on December 31, 2014: $70,579,000 Net Asset Value per Unit: $142.78 Number of Units

More information

Investment funds information folder

Investment funds information folder Investment funds information folder Great-West Life investment plans Investment funds information folder October 2015 This document is not an insurance contract. This information folder is not an insurance

More information

JUNE 2016. Great-West Life investment plans Information folder. Program MANAGED-MONEY. This document is not an insurance contract.

JUNE 2016. Great-West Life investment plans Information folder. Program MANAGED-MONEY. This document is not an insurance contract. JUNE 2016 Great-West Life investment plans Information folder Program MANAGED-MONEY This document is not an insurance contract. This information folder is not an insurance contract. The information in

More information

Solut!ons for financial planning

Solut!ons for financial planning Understanding your options this RRSP season 16 Solut!ons for financial planning Consider mutual funds and segregated fund contracts You ve likely heard it before: you should regularly contribute to a Registered

More information

your goals Investing to achieve

your goals Investing to achieve Investing to achieve your goals Whether it s for a comfortable retirement, a major purchase, or funding a child s education, or saving to leave a legacy, investing to achieve your goals and dreams takes

More information

universal life UNIVERSAL LIFE INVESTOR PROFILER QUESTIONNAIRE

universal life UNIVERSAL LIFE INVESTOR PROFILER QUESTIONNAIRE universal life UNIVERSAL LIFE INVEST PROFILER QUESTIONNAIRE UNIVERSAL LIFE INVEST PROFILER QUESTIONNAIRE Universal life combines the benefits of cost-effective life insurance protection with tax-advantaged

More information

PIVOTAL SOLUTIONSII. Investor Profiler Questionnaire

PIVOTAL SOLUTIONSII. Investor Profiler Questionnaire PIVOTAL SOLUTIONS PIVOTAL SOLUTIONSII Investor Profiler Questionnaire Which investment mix is right for me? Choosing the right selection of investments is an important task. Your financial goals and objectives,

More information

Your investment options

Your investment options Your options Contents Introducing RBC Global Asset Management i Serving Clients with a Winning Strategy i Investing Starts with Understanding Your Goals ii Guaranteed Investment Certificates 1 Group Savings

More information

5Strategic. decisions for a sound investment policy

5Strategic. decisions for a sound investment policy 5Strategic decisions for a sound investment policy 1 An investment policy sets your course for the long term. Managers of billion-dollar pension and endowment funds know it s nearly impossible to beat

More information

INFORMATION FOLDER October 2015

INFORMATION FOLDER October 2015 GREAT-WEST LIFE SEGREGATED FUND POLICIES PREFERRED SERIES 2 INFORMATION FOLDER October 2015 The Great-West Life Assurance Company is the sole issuer of the individual variable annuity policy described

More information

Choose the right investment. Segregated fund policies versus mutual funds

Choose the right investment. Segregated fund policies versus mutual funds Choose the right investment Segregated fund policies versus mutual funds Choose the best option for your clients investment needs Segregated fund policies and mutual funds provide clients: Professional

More information

Investor Profile Questionnaire. Client s Name: Advisor s Name: Date: Financial Goal: 4729-00A-JUNE15

Investor Profile Questionnaire. Client s Name: Advisor s Name: Date: Financial Goal: 4729-00A-JUNE15 Investor Profile Questionnaire Client s Name: Advisor s Name: Date: Financial Goal: 4729-00A-JUNE15 Questionnaire 1. When will you need access to this investment portfolio, whether by way of regular withdrawals

More information

Corporate estate transfer with cash withdrawal

Corporate estate transfer with cash withdrawal Life Insurance Solutions guarantees products assets opportunities growth capital protection income benefit solutions options stability Plan today. Provide tomorrow. Corporate estate transfer with cash

More information

Understanding RSPs. Your Guide to Retirement Savings Plans

Understanding RSPs. Your Guide to Retirement Savings Plans Understanding RSPs Your Guide to Retirement Savings Plans Getting Started Some retirement basics Getting Ahead Setting your retirement savings goals Getting the Most Maximizing your RSP growth Getting

More information

Information folder. Including preferred series 1. June 2015. This document is not an insurance contract.

Information folder. Including preferred series 1. June 2015. This document is not an insurance contract. CANADA LIFE SEGREGATED FUNDS Information folder Including preferred series 1 June 2015 The Canada Life Assurance Company is the sole issuer of the individual variable annuity policy described in this information

More information

Investor Profile Questionnaire

Investor Profile Questionnaire Investor Profile Questionnaire Making the right investment choice about your universal life investment portfolio always starts with an understanding of your personal goals and objectives. Working with

More information

Introducing. Tax-Free Savings Accounts

Introducing. Tax-Free Savings Accounts Introducing Tax-Free Savings Accounts Tax-Free Savings Accounts A new way to save Tax-free savings accounts were introduced by the federal government in the 2008 budget as an incentive for Canadians to

More information

Define your goals. Understand your objectives.

Define your goals. Understand your objectives. Define your goals. Understand your objectives. As an investor, you are unique. Your financial goals, current financial situation, investment experience and attitude towards risk all help determine the

More information

Guarantee your income for life Lifetime income benefit option

Guarantee your income for life Lifetime income benefit option Guarantee your income for life Lifetime income benefit option Great-West Life segregated fund policies Guarantee your income for life Great-West Life lifetime income benefit option Guarantee your income

More information

Human Resources A GUIDE TO THE SHELL CANADA PENSION PLAN INITIAL DC AND DB/DC DUO

Human Resources A GUIDE TO THE SHELL CANADA PENSION PLAN INITIAL DC AND DB/DC DUO Human Resources A GUIDE TO THE SHELL CANADA PENSION PLAN INITIAL DC AND DB/DC DUO October 2015 INTRODUCTION Each of us has a responsibility to plan and save for a financially secure retirement. The primary

More information

Financial Wellness & Education. Understanding mutual funds

Financial Wellness & Education. Understanding mutual funds Financial Wellness & Education Understanding mutual funds Benefits of mutual funds Foresters Financial Services provides everyday families and individuals with financial solutions, guidance and tools,

More information

Responsible leveraging. A wealth creation strategy

Responsible leveraging. A wealth creation strategy Responsible leveraging A wealth creation strategy What is leveraging? Borrowing to invest is a wealth-building strategy that has been used for thousands of years. The financial term for borrowing to invest

More information

Millennium universal life insurance

Millennium universal life insurance Millennium universal life insurance Permanent protection that can change with you Millennium universal life insurance Over the years, you ve worked hard to build the lifestyle you enjoy today. You ve made

More information

Information folder October 2015 CANADA LIFE GENERATIONS TM. The Canada Life Assurance Company

Information folder October 2015 CANADA LIFE GENERATIONS TM. The Canada Life Assurance Company Information folder October 2015 The Canada Life Assurance Company is the sole issuer of the individual variable annuity policy described in this information folder. This document is not an insurance contract.

More information

Managing your surplus cash

Managing your surplus cash Managing your surplus cash Savings and investments BusinESS Coach series Establishing a plan Putting your plan to work Thinking long term Business Coach series Your money should work as hard as you do

More information

Guaranteed lifetime income is subject to the claims-paying ability of the issuing insurance company.

Guaranteed lifetime income is subject to the claims-paying ability of the issuing insurance company. Get Started Today F I D E L I T Y GROWTH AND GUARANTEED INCOME, 1 Bring security and growth potential to your retirement income. Dear Investor: Thank you for your interest in the Fidelity Growth and Guaranteed

More information

The Tax-Free Savings Account (TFSA) Frequently Asked Questions

The Tax-Free Savings Account (TFSA) Frequently Asked Questions TAX MANAGEMENT The Tax-Free Savings Account (TFSA) Frequently Asked Questions The Tax-Free Savings Account (TFSA) is a savings vehicle that started in 2009 and allows Canadian residents to earn investment

More information

NexGen Tax Cases The Corporate Tax Deferral and Income Program

NexGen Tax Cases The Corporate Tax Deferral and Income Program 2014 NexGen Tax Cases The Corporate Tax Deferral and Income Program Business owners and managers in Canada who have incorporated have two major income tax advantages available to them over those who have

More information

retirement income solutions *Advisor Design guide for Life s brighter under the sun What s inside Retirement income solutions advisor guide USE ONLY

retirement income solutions *Advisor Design guide for Life s brighter under the sun What s inside Retirement income solutions advisor guide USE ONLY Retirement income solutions advisor guide *Advisor USE ONLY Design guide for retirement income solutions What s inside Discussing retirement needs with clients Retirement income product comparison Creating

More information

Segregated funds or mutual funds

Segregated funds or mutual funds Segregated funds or mutual funds Do you know the differences? Although there are many similarities between these two investment products, there are also some important ways in which they differ. One important

More information

Tax-Free Savings Account

Tax-Free Savings Account Investing Tax-Free Savings Account Helping you reach your goals sooner 2 Investing For short-term and long-term goals, consider a Tax-Free Savings Account Everyone has different reasons for saving and

More information

Your guide to Canada Life s participating life insurance. Estate Achiever Wealth Achiever

Your guide to Canada Life s participating life insurance. Estate Achiever Wealth Achiever Your guide to Canada Life s participating life insurance Estate Achiever Wealth Achiever This guide provides an overview of key features of participating life insurance products offered by Canada Life.

More information

This strategy gives a person the ability to take advantage of the tax-sheltering ability of a life insurance policy.

This strategy gives a person the ability to take advantage of the tax-sheltering ability of a life insurance policy. Insuring the Future In this Newsletter: Supplementing Retirement Income Who should be looking at this strategy? The Registered Savings Problem John Jordan, CFP CERTIFIED FINANCIAL PLANNER Phone: (519)

More information

A Powerful Combination for Retirement

A Powerful Combination for Retirement Power Select Plus Income Index Annuity A Powerful Combination for Retirement Principal Protection. Growth Potential. Lifetime Income. Plus, the Opportunity to Guarantee Rising Income for Up to 10 Contract

More information

Financial Statements. Nova Scotia Association of Health Organizations (Group Insurance Fund) March 31, 2015

Financial Statements. Nova Scotia Association of Health Organizations (Group Insurance Fund) March 31, 2015 Financial Statements Nova Scotia Association of Health Organizations INDEPENDENT AUDITORS REPORT To the Members of the Nova Scotia Association of Health Organizations We have audited the accompanying financial

More information

Annuity Policy. issued by Transamerica Life Canada

Annuity Policy. issued by Transamerica Life Canada issued by Transamerica Life Canada Annuity Policy ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE OWNER AND MAY INCREASE OR DECREASE IN VALUE. TRANSAMERICA LIFE CANADA

More information

INVEST IN YOURSELF FINANCIAL PLANNING FOR WOMEN

INVEST IN YOURSELF FINANCIAL PLANNING FOR WOMEN INVEST IN YOURSELF FINANCIAL PLANNING FOR WOMEN When They Engage a Financial Advisor, Women Want I To forge relationships based on trust, I To be sure that discussions of their needs and goals will be

More information

Corporate asset efficiency

Corporate asset efficiency Life insurance solutions Corporate asset efficiency Manage. Access. Preserve. A smart solution for professionals permanent life insurance, a unique asset that can offer tax-advantaged growth. Consider

More information

GUARDIAN CANADIAN BOND FUND

GUARDIAN CANADIAN BOND FUND GUARDIAN CANADIAN BOND FUND FINANCIAL STATEMENTS DECEMBER 31, 2010 March 11, 2011 PricewaterhouseCoopers LLP Chartered Accountants PO Box 82 Royal Trust Tower, Suite 3000 Toronto-Dominion Centre Toronto,

More information

Owner-Manager Remuneration

Owner-Manager Remuneration Introduction Owner-managers who carry on business through corporations constantly face the dilemma of deciding whether to pay themselves by way of salaries or dividends. On the one hand, a salary is a

More information

The potential additional return is based on the performance of the S&P/TSX 60 Index (up to a specified maximum return).

The potential additional return is based on the performance of the S&P/TSX 60 Index (up to a specified maximum return). Get exposure to the stock market with principal protection and a guaranteed minimum return. Introducing the Market Powered GIC GICs will always be considered safe-haven investments for your portfolio.

More information

Take your retirement plan off pause and hit play

Take your retirement plan off pause and hit play Client Guide Take your retirement plan off pause and hit play For many people, retirement is a goal or reward for a lifetime of hard work. Whether relaxing or travelling the world, retirement dreams vary

More information

e-brief The Piggy Bank Index: Matching Canadians Saving Rates to Their Retirement Dreams

e-brief The Piggy Bank Index: Matching Canadians Saving Rates to Their Retirement Dreams e-brief March 1, 2010 PENSION PAPERS I N D E P E N D E N T R E A S O N E D R E L E V A N T The Piggy Bank Index: Matching Canadians Saving s to Their Dreams By David A. Dodge, Alexandre Laurin and Colin

More information

BUYER S GUIDE TO FIXED DEFERRED ANNUITIES. The face page of the Fixed Deferred Annuity Buyer s Guide shall read as follows:

BUYER S GUIDE TO FIXED DEFERRED ANNUITIES. The face page of the Fixed Deferred Annuity Buyer s Guide shall read as follows: BUYER S GUIDE TO FIXED DEFERRED ANNUITIES The face page of the Fixed Deferred Annuity Buyer s Guide shall read as follows: Prepared by the National Association of Insurance Commissioners The National Association

More information

The Estate Preserver Plan. Advisor Guide

The Estate Preserver Plan. Advisor Guide The Estate Preserver Plan Advisor Guide Table of Contents Introduction to the Estate Preserver Plan 2 The Opportunity 3 The Solution 4 Tax Considerations 5 Probate and Executor Fees 7 Case Study 8 Underwriting

More information

Your Guide to Retirement Income Planning

Your Guide to Retirement Income Planning Your Guide to Retirement Income Planning Your Guide to Retirement Income Planning 3 Your retirement income plan How to create secure income in retirement Your retirement will be as unique as you are. Travel,

More information

Understanding Participating Whole. equimax

Understanding Participating Whole. equimax Understanding Participating Whole Life Insurance equimax CLIENT GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies in Canada. For generations

More information

CHOOSING YOUR INVESTMENTS

CHOOSING YOUR INVESTMENTS CHOOSING YOUR INVESTMENTS FOR ASSISTANCE CONTACT US TODAY FOR MORE INFORMATION, ADVICE OR HELP OPENING AN ACCOUNT, IT S EASY TO REACH US: BY PHONE Call us at 800 TIAA-CREF (800 842-2273) to speak with

More information

Retirement Planning EMPLOYER PLANS CALCULATING YOUR NEEDS INVESTMENTS DECISIONS

Retirement Planning EMPLOYER PLANS CALCULATING YOUR NEEDS INVESTMENTS DECISIONS GOALS What You Should Know About... Retirement Planning EMPLOYER PLANS CALCULATING YOUR NEEDS INVESTMENTS DECISIONS YourMoneyCounts No matter who you are or how much money you have, you re probably hoping

More information

UNIVERSAL LIFE INSURANCE. Flexible permanent protection

UNIVERSAL LIFE INSURANCE. Flexible permanent protection UNIVERSAL LIFE INSURANCE Flexible permanent protection A solution to your financial security needs and goals Universal life insurance from London Life At London Life, we create products to help you meet

More information

Investment Account Application

Investment Account Application Social Housing Investment Funds Investment Account Application Before you send us your investment account application, please ensure you have: Attached a completed Resolution of Directors form (Section

More information

INSURED ANNUITY STRATEGY. Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs.

INSURED ANNUITY STRATEGY. Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs. INSURED ANNUITY STRATEGY Help your clients increase their after-tax income with universal life, without reducing the estate for their heirs. Here s the story Dennis and Rosemary, ages 68 and 64, have worked

More information

This booklet is designed to help you. understand segregated fund contracts. and to become a more informed. investor. Additional information

This booklet is designed to help you. understand segregated fund contracts. and to become a more informed. investor. Additional information This booklet is designed to help you understand segregated fund contracts and to become a more informed investor. Additional information and help are available from your life insurance advisor and company

More information

SEGREGATED FUNDS. Savings and Retirement PIVOTAL SELECT TM. Investor Profile Questionnaire

SEGREGATED FUNDS. Savings and Retirement PIVOTAL SELECT TM. Investor Profile Questionnaire SEGREGATED FUNDS Savings and Retirement PIVOTAL SELECT TM Investor Profile Questionnaire Please answer the following uestions by choosing the option best suited to you. There are no right or wrong answers

More information

> The Role of Insurance in Wealth Planning

> The Role of Insurance in Wealth Planning > The Role of Insurance in Wealth Planning Executive retirement solutions A S S A N T E E S T A T E A N D I N S U R A N C E S E R V I C E S I N C. Executive retirement solutions Everyone wants enough retirement

More information

Bye-bye Bonus! Why small business owners may prefer dividends over a bonus

Bye-bye Bonus! Why small business owners may prefer dividends over a bonus Bye-bye Bonus! Why small business owners may prefer dividends over a bonus Jamie Golombek Managing Director, Tax & Estate Planning, CI Wealth Advisory Services September 2015 Traditionally, many Canadian

More information

October 2015. The Canada Life Assurance Company Information folder ESTATE PROTECTION

October 2015. The Canada Life Assurance Company Information folder ESTATE PROTECTION The Canada Life Assurance Company Information folder October 2015 The Canada Life Assurance Company is the sole issuer of the individual variable annuity policy described in this information folder. This

More information

GUARANTEES. Income Diversification. Creating a Plan to Support Your Lifestyle in Retirement

GUARANTEES. Income Diversification. Creating a Plan to Support Your Lifestyle in Retirement GUARANTEES growth FLEXIBILITY Income Diversification Creating a Plan to Support Your Lifestyle in Retirement Contents Build a Retirement Plan that Can Last a Lifetime 2 Retirement Is Different Today 4

More information

SIMPLIFIED PROSPECTUS JUNE 30, 2015. Mutual Fund RDSP Series Units. of Eligible Investors Group Unit Trust Funds

SIMPLIFIED PROSPECTUS JUNE 30, 2015. Mutual Fund RDSP Series Units. of Eligible Investors Group Unit Trust Funds SIMPLIFIED PROSPECTUS JUNE 30, 2015 Mutual Fund RDSP Series Units of Eligible Investors Group Unit Trust Funds 1 Simplified Prospectus for the Mutual Fund RDSP Series Units* of the following Investors

More information

Mutual Fund Investing Exam Study Guide

Mutual Fund Investing Exam Study Guide Mutual Fund Investing Exam Study Guide This document contains the questions that will be included in the final exam, in the order that they will be asked. When you have studied the course materials, reviewed

More information

Retires in. Bob plans to retire in 2039. He s somewhat concerned about fluctuating investment values, so you could call him a balanced investor.

Retires in. Bob plans to retire in 2039. He s somewhat concerned about fluctuating investment values, so you could call him a balanced investor. Harmonized risk-adjusted target date funds Investing in your retirement has never been easier with Harmonized risk-adjusted target date funds. Think of risk-adjusted target date funds as a single-fund

More information

FORTRESS Funds. Information Folder. This Information Folder is not an insurance contract nor is it a document evidencing a contract.

FORTRESS Funds. Information Folder. This Information Folder is not an insurance contract nor is it a document evidencing a contract. FORTRESS Funds Information Folder This Information Folder is not an insurance contract nor is it a document evidencing a contract. Amendment to FORTRESS Information Folders 2691A 11 2012 and 2693A 11 2012

More information

Why and how to invest

Why and how to invest Course 2 Why and how to invest Topic 1: Why invest?... 3 Investing for capital growth... 3 Investing for income... 3 Topic 2: How to invest... 4 What is financial planning?... 4 Analyse your current financial

More information

MAWER MUTUAL FUNDS SIMPLIFIED PROSPECTUS

MAWER MUTUAL FUNDS SIMPLIFIED PROSPECTUS MAWER MUTUAL FUNDS SIMPLIFIED PROSPECTUS Offering Series A and Series O Units of: MAWER CANADIAN MONEY MARKET FUND MAWER CANADIAN BOND FUND MAWER GLOBAL BOND FUND MAWER BALANCED FUND MAWER TAX EFFECTIVE

More information

MACKENZIE PRIVATE WEALTH COUNSEL

MACKENZIE PRIVATE WEALTH COUNSEL MACKENZIE PRIVATE WEALTH COUNSEL PORTFOLIO ARCHITECTURE SERVICE INVESTMENT PHILOSOPHY Mackenzie Private Wealth Counsel Portfolio Architecture Service Investment Philosophy THE IMPORTANCE OF ASSET ALLOCATION

More information

Diversified Growth SM Variable Universal Life. Protection and accumulation that adjust with your life. A better way of life

Diversified Growth SM Variable Universal Life. Protection and accumulation that adjust with your life. A better way of life Diversified Growth SM Variable Universal Life Protection and accumulation that adjust with your life A better way of life Add to your peace of mind, while adding to your assets You want and need to protect

More information

insurance solutions isn t static, neither is your business Protect life Corporate collateral loan strategy

insurance solutions isn t static, neither is your business Protect life Corporate collateral loan strategy Life insurance solutions isn t static, neither is your business Protect life Corporate collateral loan strategy Increase your business cash flow with corporately owned life insurance from Canada Life Business

More information

I.A.M. National 401(k) Plan. Investment Options Summary

I.A.M. National 401(k) Plan. Investment Options Summary I.A.M. National 401(k) Plan Investment Options Summary The I.A.M. National 401(k) Plan offers a diverse investment lineup to meet the varied needs of our participants. The lineup includes 12 Retirement

More information

Five strategies for dealing with difficult markets

Five strategies for dealing with difficult markets When markets are volatile, it s natural to be worried about the impact on your portfolio. And when you re worried, you want to take action. Five strategies for dealing with difficult markets However, it

More information

Fixed Index Annuities

Fixed Index Annuities Fixed Index Annuities I Annuities Sales Tool Series Fixed Index Annuities Innovative Retirement Planning Alternative 143731 11/26/12 For Producer/Agent Information Only. Not to be Reproduced or Shown to

More information

my money @ work my Investments Canada Post Corporation Defined Contribution and Group Retirement Savings Plans

my money @ work my Investments Canada Post Corporation Defined Contribution and Group Retirement Savings Plans my money @ work my Investments Canada Post Corporation Defined Contribution and Group Retirement Savings Plans my money. my tools. As a member of a company group retirement savings plan, you have access

More information

Financial security protection tailored for your lifestyle

Financial security protection tailored for your lifestyle G R E A T - W E S T L I F E U n i v e r s a l l i f e i n s u r a n c e Financial security protection tailored for your lifestyle F A L L 2 0 0 6 G r e a t - W e s t u n i v e r s a l l i f e i n s u

More information

UNDERSTANDING PARTICIPATING WHOLE LIFE INSURANCE

UNDERSTANDING PARTICIPATING WHOLE LIFE INSURANCE UNDERSTANDING PARTICIPATING WHOLE LIFE INSURANCE equimax CLIENT GUIDE ABOUT EQUITABLE LIFE OF CANADA Equitable Life is one of Canada s largest mutual life insurance companies. For generations we ve provided

More information

How To Invest In A Tax Free Savings Account

How To Invest In A Tax Free Savings Account INVESTMENTS Tax-Free Savings Account Your guide to the Tax-Free Savings Account An important part of any financial plan is savings. Short-term goals such as a vacation or long-term goals like retirement

More information

Fixed Deferred Annuities

Fixed Deferred Annuities Buyer s Guide to: Fixed Deferred Annuities with Appendix for Equity-Indexed Annuities National Association of Insurance Commissioners 2301 McGee St Suite 800 Kansas City, MO 64108-2604 (816) 842-3600 1999,

More information

Information Folder for the Investors Group Guaranteed Investment Funds

Information Folder for the Investors Group Guaranteed Investment Funds Information Folder for the Investors Group Guaranteed Investment Funds Individual Variable Annuity Policy June 2015 Issued by The guaranteed investment funds described in this Information Folder invest

More information

Understanding Annuities: A Lesson in Variable Annuities

Understanding Annuities: A Lesson in Variable Annuities Understanding Annuities: A Lesson in Variable Annuities Did you know that an annuity can be used to systematically accumulate money for retirement purposes, as well as to guarantee a retirement income

More information

Private Investment Management. A disciplined investment approach

Private Investment Management. A disciplined investment approach Private Investment Management A disciplined investment approach 03 A disciplined investment approach You have been able to accumulate a substantial amount of capital. However, the challenge is to preserve

More information

1.1 How can I plan for my retirement income?... 1. 1.2 Your retirement income needs... 1. 1.3 Converting your RSP... 1

1.1 How can I plan for my retirement income?... 1. 1.2 Your retirement income needs... 1. 1.3 Converting your RSP... 1 R e t i r e m e n t I n c o m e F u n d s I n f o r m a t i o n B o o k l e t. This booklet is intended to address questions commonly asked about Retirement Income Funds (RIFs). The booklet is not intended

More information

GOAL SM Collective Investment Trust Funds: Another Life Cycle Innovation

GOAL SM Collective Investment Trust Funds: Another Life Cycle Innovation GOAL SM Collective Investment Trust Funds: Another Life Cycle Innovation Manning & Napier - Driving Outcomes for More than Four Decades With over 40 years of experience managing life cycle strategies,

More information

Participating life insurance

Participating life insurance Participating life insurance Wealth Achiever Estate Achiever Canada Life offers two participating life insurance products from which to choose: Wealth Achiever and Estate Achiever. Both combine the strength

More information

Investment Policy Questionnaire

Investment Policy Questionnaire Investment Policy Questionnaire Name: Date: Ferguson Investment Services, PLLC Investment Policy Questionnaire Introduction: The information you provide on this questionnaire will remain confidential.

More information

Robert and Mary Sample

Robert and Mary Sample Comprehensive Financial Plan Sample Plan Robert and Mary Sample Prepared by : John Poels, ChFC, AAMS Senior Financial Advisor February 11, 2009 Table Of Contents IMPORTANT DISCLOSURE INFORMATION 1-7 Presentation

More information

HSBC Mutual Funds. Simplified Prospectus June 8, 2015

HSBC Mutual Funds. Simplified Prospectus June 8, 2015 HSBC Mutual Funds Simplified Prospectus June 8, 2015 Offering Investor Series, Advisor Series, Premium Series, Manager Series and Institutional Series units of the following Funds: HSBC Global Corporate

More information

Application/Instructions Form. TFSA Savings Annuity T087 (06-2015)

Application/Instructions Form. TFSA Savings Annuity T087 (06-2015) Application/Instructions Form TFSA Savings Annuity T087 (06-2015) Application/Instructions Form TFSA Savings Annuity New client? Yes If so, complete the Contractholder s Identification section No If not,

More information

The easy way to save for your retirement

The easy way to save for your retirement The easy way to save for your retirement If you want to live comfortably during your retirement, you really can t afford to wait to begin saving for that goal. And now that your employer is offering the

More information

Verizon 401(k) Savings Plan Investment Advice

Verizon 401(k) Savings Plan Investment Advice Verizon 401(k) Savings Plan Investment Advice This message is intended to provide guidance to Verizon corporation employees to assist them in investing their savings plan assets more efficiently. If you

More information