Monthly Archive for: ‘January, 2018’

BridgeForce News | January 15, 2018

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HEADLINES Help your clients avoid a common market danger When Ian Hardacre from Empire Life is articulating what he believes to be the best approach in the current market environment, there is one word that keeps coming up: caution. Political uncertainty continues to dominate the news agenda, valuations continue to rise and rates remain low. Yet, despite all of the …

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Manulife Financial | Change in segregated fund processing for former Standard Life products

It’s important that your advisors are aware that as part of the former Standard Life Segregated Fund integration, some processes for segregated fund products from the former Standard Life have changed. Changes were made to bring alignment (where possible) to all segregated fund products so there’s one consistent process to follow. To communicate with your advisors, a related article, Change …

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Manulife Financial | Increase to interest rates on debit commission balances

Following the 2017 increase in the prime rate at the Bank of Canada, Manulife has increased the interest rate percentage charged on outstanding commission debt balances. Starting January 1, 2018, the interest rate for outstanding advisor debts will increase from 4.07 per cent to 5.2 per cent annually. If an advisor is currently in a debit position, the change will …

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Marketing Monthly | January 2018: TFSA

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In this issue: CRA confirms TFSA limit for 2018 TFSA or RRSP? Try these five tests The Wealthy Barber explains: TFSA or RRSP? CRA confirms TFSA limit for 2018 The TFSA contribution limit for 2018 will remain $5,500. The indexation adjustment for personal income tax and benefit amounts is 1.5% for 2018, which is not enough to raise the TFSA …

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