BridgeForce News (December 12, 2022)
BridgeForce Updates
Industry Headlines
How to prevent client complaints
What keeps a financial advisor or planner awake at night? Here’s one potential scenario: when a client makes a poor planning decision and then makes a complaint against you.
Compliance
Privacy Commissioner emphasizes the importance of due diligence in M&A transactions
For those of us who are looking to acquire a business, or part of a business, it’s important to understand the liability we also acquire with respect to privacy and IT security risk. Also worth considering if you’re selling, and looking to position your business as a quality, compliant book of business.
BridgeForce Compliance News (November 24, 2022)
- Licensee holding out – What you need to know
- Helping aging clients in the new compliance regime
Previous BridgeForce Compliance News Issues
Advisor Education
BridgeForce-University.com is our On-Demand service that is unlike any other on-demand service you have ever seen. No narrated slideshows, and no fake webinars, just video recordings of live events!
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.
Get the convenience of On-Demand, get access to our Live BFG Roadshow Webcasts, and earn all of the CE Credits that you need! Anytime, Anywhere, and on Any Device!
Tech Tips
News
New Report Shows Users Are Falling for Security and HR-Related Phishing Attacks
There has been a significant rise in phishing email attacks related to HR topics, especially those regarding new policies that would affect all employees throughout many types of organizations.
Computer Picks
Recommendations
- Microsoft Surface Laptop 4 – $999
- Dell Latitude 3420 – $869
Recommended Computer Specs
- Intel Core i5 (11th Gen or higher)
- 8 – 16 GB RAM
- 256 GB SSD or higher
Supplier Company News
Beneva
La Capitale and SSQ Insurance will become Beneva
The transition to Beneva is going well. We will be contacting advisors on December 1 to notify them of the changes that this transition will bring as of January 1, 2023.
Applications
Our transition to Beneva also means changes to our applications. Starting January, you will be able to access our electronic application in the Advisor Centre at Beneva.ca.
Simplified 2022 Guide
This quick reference document contains essential information on contributions and deadlines. A new version will be available in 2023.
Important dates: Year-end deadlines
BMO Insurance
2022 Close-off Dates for Commission Processing
Canada Life
2022-2023 RRSP and TFSA toolkit now available
The markets have been volatile this year, and Canadians are looking for financial guidance now more than ever. They need your expert advice and the right investment solutions to help keep their savings plans on course. With RRSP season in full swing, now’s the time to kickstart conversations with your clients on how to navigate these uncertain times.
Growing Together with Canada Life (Oct 1 – Mar 31)
You could receive an additional 25% bonus, up to $10,000, on life and living benefits insurance and segregated fund sales placed between Oct. 1, 2022 and March 31, 2023 with our Growing Together bonus offer.
Canada Protection Plan / Foresters Financial
Help make higher education easier on your client’s wallet
Do you have clients with kids going to university or college? Getting a little help with a scholarship of up to $2,500 means extra funds for textbooks, less stress about education and more time for students to focus on what matters most, their future.
Sales Campaign: Foresters All-Star Program (Mar 15 – Dec 31)
We want you to become a Foresters Financial™ All-Star in 2022. All-Star advisors may earn an additional 15% bonus on their Foresters Net First Year Commission (NFYC)!
Desjardins Insurance
Empire Life
- Upcoming RRSP to RRIF Conversions added to My Advisor Dashboard
- Help your clients protect their loved one’s future while they invest in theirs
- Multi-Strategy Investor Q3 Commentary
- Financial Markets at-a-glance infographic now available for Q3
- Now available: Participating Account Q3 Summary
- Why Powers of Attorney, Wills and Trusts are Important
- Do you have clients who own a cottage or whose parents own a cottage?
- eVision Insurance IllustratorTM Introduces Save & Share!
Holiday hours of operation and year-end settle dates
The BIGGER eBundle Bonus is extended until December 31, 2022
Earn 15% or 20% more FYC on life and health products when you submit the application electronically using the Fast & Full® Life App and clients select and complete the Electronic Health Questionnaire (eHQ) and choose and receive eContract Delivery as compared to submitting paper applications and receiving a paper contract.
Equitable Life
Clients can win up to $5,000 in the RSP Grow Your Future Contest
RSP season is around the corner and Equitable Life® is giving clients and their advisors a chance to win BIG with the Grow Your Future Contest.
Stay connected with a NEW Web Illustration tool for Equimax
Equitable Life® is pleased to announce the launch of our web illustration tool starting with Equimax participating whole life insurance.
Sales Campaign: Step Up Your Wealth Sales (Jan 1 – Dec 31)
Step up your wealth sales with Equitable Life® and you’ll be rewarded with a growth bonus for doing more business in 2022. Make this year your best year ever with Equitable Life!
Fidelity Investments
Weekly Market Pulse (December 9)
iA Financial
Bank of Canada: This latest hike marks the end of “autopilot” mode
This week: We examine the Bank of Canada’s most recent decision in its shift from “autopilot” to “data-dependent” mode.
RRSP-TFSA Campaign – Great opportunities within your client base
To let you know which clients have contributed to an RRSP or TFSA at least once in the last two years, so that you can invite them to contribute right away to double their chances of winning $5,000.
ivari
Our service and processing availability during the holiday season
Manulife Financial
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.
Sun Life
UV Insurance
Year-End Remuneration Payment and Schedule for the Holiday Season
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