BridgeForce News (March 14, 2022)
BridgeForce Updates
BridgeForce has donated to support Ukraine! Will you?
- You’re invited to the BridgeForce 2022 Compliance Meeting
- Introducing BridgeForce Rewards
- Referral Campaign
- Non-Medical Limits
- BridgeForce Advisors Facebook Group
Industry Headlines
Elevating the value of critical illness insurance
During the depths of the COVID-19 pandemic, the demand for many life and health insurance products shot up as Canadians realized the importance of getting coverage for the unthinkable and caring for their mental health. But even as people think more about their health and mortality, one corner of the industry is still relatively overlooked.
Looking closer at portfolios amid the war in Ukraine
Money managers need to pay more attention to the political climate when deciding which assets to hold
Household debt to income ratio hits record high
Statistics Canada says the ratio of household debt to disposable income hit a record level in the fourth quarter as mortgage borrowing rose and disposable income fell.
Tips for surviving next year’s RRSP season
If you’ve been overwhelmed over the past month, two financial advisors offer ideas for improving your experience in 2023
DIY trend seen fueling demand for advisors
As far as financial advisors are concerned, the rise of do-it-yourself investing is just fine. Most expect the trend to boost demand for their services in the long run, Coalition Greenwich reports.
Compliance
BridgeForce Compliance News (March 2022)
- FSRA licensing requirements change
- BC Provides guidance on rebating, including need to check with the carrier
Advisor Education
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Over 100 accredited presentations are available for you to earn all of the CE Credits that you need for your Licenses and Designations. See presentations from your carriers, PLUS access new information from other experts in the industry that are designed to grow and improve your knowledge and your practice.
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Tech Tips
News
The Windows 11 start menu moved: How to put it back where it belongs
For as long as I can remember, the iconic Windows Start button has been in the bottom left corner of my PC’s screen. It’s a predictable location for a button that’s a critical piece to navigating your computer, but in Windows 11, Microsoft has redesigned the taskbar.
Computer Picks
March’s Recommendations
- Microsoft Surface Pro 8 – $1,299 (SALE)
- Microsoft Surface Laptop 4 – $1,299
- Dell Latitude 3420 (Business class) – $819 (SALE)
It is strongly recommended to purchase computers from the Microsoft Store or Dell.
Supplier Company News
beneva
What economic trends can we expect in 2022?
Our manager, AGF share their opinions on 2022 economic perspectives.
Quicker Billing Period for Preauthorized Debits
Great news! As of March 14, it will be possible to start a preauthorized debit within 3 business days instead of 14.
Canada Life
- Investing with conviction: new commentary about Canada Life’s competitive advantages in participating life insurance
- Best Doctors is now Teladoc Medical Experts
- Dial It Up is ending March 31
- SimpleProtect dashboard cleanup is coming soon
- Insurance Operations updates
Desjardins Insurance
- Quebec City | Premium tax to go from 3.48% to 3.30% on April 1, 2022
- Replacement of the DFS Guaranteed Investment Fund management system
- Changes to cheque delivery for life insurance claims
Empire Life
- The Situation in Ukraine
- Taking advantage of volatile markets using tactical asset allocation in the Empire Life Asset Allocation GIF
- Multi-Strategy investor Q4 Commentary and Advisor Holdings Update
- 10 more key tax issues and opportunities for investment clients and advisors
- The Empire Life RRSP & TFSA toolbox
- You can now quickly and easily update your clients’ primary addresses via My Advisor Dashboard!*
- Permanent changes to non-medical underwriting limits
- An improved application process for juvenile life insureds
- Updates to the Life and CI Underwriting Guide
- Introducing TruStone Financial Inc.
Equitable Life
Individual Insurance product enhancements
Equitable Life has exciting product enhancements that will help you offer more options to clients.
Our new partnership with Cloud DX
Equitable Life is proud to announce that it has partnered with Canadian digital health innovator, Cloud DX, to provide a Virtual Monitoring Care service as part of its Critical Illness packages. We are pleased to offer this service on all new and existing EquiLiving coverages.
Did you know?
One of the most important aspects of controlling a budget is knowing where the money goes. Check out Equitable Life’s Home Budget Calculator.
The Make-It-EZ EZtransact contest is back (January 24 – April 1)
The Make-It-EZ EZtransactTM contest is back by popular demand! This time we are making it twice as nice with one $200 winner each week, and a Grand Prize winner of $2000 at the end of the contest! Just in time for your busy RSP season, EZtransact, makes managing your client’s policies quick and convenient.
Fidelity Investments
Weekly Market Pulse (March 11)
Foresters Financial
Retirement planning made easy
Your clients are looking for smart ways to retire. Help them use life insurance in their retirement planning¹ with an easy-to-understand strategy from Foresters Financial™ you can share right away.
iA Financial
Stock market volatility | How to behave on social media?
With the current market instability, your existing and prospective clients may contact you on social media to ask questions.
Manulife Financial
- Saskatchewan LIRA – new financial hardship unlocking rules
- NEW Investment note: Ukraine-Russia conflict—what investors should know
- New episode of Investments Unplugged: History doesn’t repeat itself, but it often rhymes
- Manulife’s Chief Investment Strategists emphasize market defence with fixed income
- Investment tip: Review realized and unrealized capital gains and losses
- Segregated fund investor profile questionnaire in Simplified Chinese
- Pricing review for Gerling Global Infiniterm policies
- Updated Driver Abstract form for Manitoba
- Share Plan and Learn content to start new customer conversations
- Are you maximizing your TFSA to the fullest?
- As a matter of tax- Tax Court case considers a post-mortem pipeline
- New feature: attachments in NBN replies on Advisor Portal
Sales Campaign: Grow for it 2022 (Jan 1 – Dec 31)
By helping more Canadians get the protection they need, not only will you grow your business, you’ll also be rewarded with an iPad Air.
RBC Insurance
New promo videos bring RBC’s full suite of services to life!
The last two years have highlighted the importance of mental health, as well as the need for easy access to wellbeing services. To showcase the many capabilities and differentiators that RBC Insurance® group benefit solutions can offer your clients, we’ve created two marketing videos that bring our full suite of services to life.
SSQ Insurance
What Economic Trends can we expect in 2022?
Our managers, Fiera Capital and Triasima share their opinions on 2022 economic perspectives.
Sun Life
- Welcome to the 2022 Strategic Partner Program
- Changes coming to our universal life products
- Engage women, be inclusive and grow your business
- Sun eApp is making underwriting even easier
- Collecting information from non-owner payors on insurance policies
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.