AI cannot replace human advisors
Despite the recent proliferation of digital asset-allocation services (a.k.a. robo-advisors), they pose little threat to human financial advisors. These services use artificial intelligence (AI) to choose investment portfolios for investors based on a series of answers to an online questionnaire. However, this approach can never replace what real advisors actually do. Here are some reasons why…
FSCO working with OSC to transfer syndicated mortgage investments
In its fall economic statement on November 14, 2017, the Ontario government reiterated its plans to transfer regulatory responsibilities for the oversight of syndicated mortgage investments from FSCO to the Ontario Securities Commission (OSC).
New CE Compliance Tool
CE-Tracker is a free online CE tracking service that you can use to easily track your CE requirements, and the CE credits you have earned to date – for all Life Licenses, Mutual Fund Licenses, and designations you may hold.
SUPPLIER COMPANY NEWS
Essential Whole Life
Offer your clients a solution. Bundle all your essentials in one application (Whole life, term, DI, CI and CIB).
Sales Promotion: Warm up to winter (Nov 1 – Dec 15)
From November 1st, 2017 to December 15th, 2017, receive a $100 visa gift card for every 2 applications submitted during the contest period.
2017 year-end closing information
Critical submission dates for individual insurance.
Newslink (November 2017)
Do your clients have enough insurance coverage? , New: updated segregated fund information folders, Updated AML and privacy compliance program templates, U.S. persons and Canadian life insurance.
The new life-only paper application
he new life-only paper application has been redesigned to be simpler, more intuitive and easier to use with clients. Significant changes were made which you should to be aware of. This tips sheet highlights important information as well as common errors that we’ve seen advisors / clients make with the new application.
Your greatest asset: Creating opportunities with disability insurance
Your greatest asset is an advisor-only tool that provides information, scripts and links to materials to support successful client conversations about the need for and value of disability insurance. The tool is structured to guide you through a series of conversations about disability insurance, including how to address common client concerns and objections.
Webinar: Jet into DSign with fall highlights (Oct 11 – Dec 5)
Join us and learn more about the services and tools we offer for quick and easy sales! Jet into DSign and end the year with us by learning about all the great changes we made this year with an outlook into 2018.
Getting a grip on excessive debt
A decade or more of low interest rates has accelerated the habit of supporting lifestyles with credit instead of cash flow resulting in historically high debt levels for Canadian households. It’s important that your clients understand where their money is going and how to redirect that money to grow their investable assets. In this installment of Life & Money Matters, Peter takes your clients through the debt test and provides three simple solutions to help them better manage debt and increase cash flow.
Webinar: Join our next TRIIPSS webinar (December 13, 2017)
Federal Proposals released in July of 2017 were the most dramatic changes to the Income Tax Act affecting Canadian controlled private corporations in 45 years. This session provides an overview of the proposals and their updates as well as concerns, cautions and opportunities for business clients and their advisors.
End of year processing
We’d like to take this opportunity to thank you for your business and support throughout 2017, and to wish you and your team all the very best for the upcoming holiday season. We look forward to another rewarding year of doing business with you in 2018.
Expert Medical Opinion Services (EMOS) – a benefit for your clients
Did you know that many of your clients might not be aware that their critical illness insurance policy comes with access to EMOS through Advance Medical? To help you start the conversation, the Advance Medical brochure explains how this service can benefit your client and their immediate family members.
As of November 20, 2017: Exclusively electronic savings and investment transactions
All La Capitale investment transactions supported by Fundserv must be entered by the general agent without exception.
FollowMe Health: See what’s new for 2018
We are pleased to announce a number of enhancements to our FollowMeTM Health Premiere Plan for 2018. Enhancements include increased benefit amounts for prescription drugs, vision, registered specialists and therapists, and homecare equipment.
2017 Exempt test and life insurance policy taxation changes
Further to our April 2016 communication on New Tax Legislation for Life Insurance Policies, we wish to clarify that Term insurance policies, without cash value, were also impacted by the January 1, 2017 legislation changes described.
Year-end is fast approaching and we at RBC Insurance® are working hard to get you to the finish line! We want to ensure that your sales are counted towards 2017 production, commissions are paid, and most importantly, that your clients are protected through the RBC Insurance solution you have recommended.
Our lower fees can help your clients maximize their growth potential on their investments
If your clients are looking for protection on their investments and want to maximize growth potential, RBC Insurance® is here to help. We’ve lowered our management fees on our 7 Balanced Funds by 20 bps.
End of year processing
You will find important information relating to year-end transactions processing for individual insurance and investment.
Information and links to other websites contained in this document are solely for the information and convenience of BridgeForce Financial Group brokers. This information is not intended to provide financial, legal, accounting or tax advice and should not be relied upon in that regard. No endorsement of any third party products, services or information is expressed or implied by any information, material or content referred to, included in, or linked from this bulletin. The approved materials are the property of individual companies used under license and may not be copied, transmitted or used without express written approval. E. & O.E.