Author: kingtechadmin

Hello member,

Bless you with great business in March & April by encouragement from Barack Obama.

“If you’re walking down the right path and you’re willing to keep walking, eventually you’ll make progress.”

1. April 25^th, 2024 Luncheon Client Event Registration – 40 tickets left

At Way, we are excited to announce our upcoming 2^nd quarterly 120 people luncheon conference on April 25, 2024, dedicated to helping you boost your new and repeat business, as well as referrals. This unique event will provide you with an opportunity to promote your services while enlightening your network on high-level strategies in “High Net Worth Client Estate Planning & Corporate Tax Savings.”

Our luncheon conferences are renowned for creating a conductive environment for meaningful networking, ensuring that you can make valuable connections with peers and clients alike. In addition to the enriching discussion, we have curated a delightful experience for you and your guests, featuring champagne and a delicious lunch buffet.

Since there was million of premium and investment generated from previous Jan 18^th luncheon client event, 80 tickets are already reserved by other members for this April 25^th event, which only 40 tickets are left for you to reserve from the link http://financialplatform.sv.mikecrm.com/Ubi4NYZ by Wednesday, April 3rd and contact office manager Susana Yu to arrangement the payment to secure your tickets.

This luncheon conference is an excellent opportunity for you to not only enhance your professional network but also to showcase your expertise. Don’t miss out on this chance to elevate your business and make lasting connections.

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with member, so should member’s guest win the cash prize, the member is responsible for the cost.

Platform Updates

2. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

3. Sea & Sky Meeting Room Ready for Booking

Some Members have been using the Sea & Sky meeting rooms already.  While priority is given to office users, all Members can make their bookings here:  Sea,& Sky

Industry Updates

4. Insurance Council of British Columbia

Update on CE and E&O Requirement for Annual License Renewal
The annual license renewal for all Insurance Council licensees will open on April 3, 2024. The annual deadline for licensees to complete their continuing education (CE) requirement is May 31, 2024, for the licensing period of June 1, 2024 – May 31, 2025. Licensees who renew their licence past deadline and do not meet their CE requirements by May 31 may be investigated further and my result in discipline.
CE guidelines by licence class and CE credit criteria can be found here.

Additional 2024 Annual License Renewal Requirements Webinar
Due to high demand, we are offering a third session of the 2024 Annual Licence Renewal Requirements Webinar on April 11 (9:30-10:30 am PT). This webinar is free, but registration is required. Register Here

Carriers’ Update

5. Canada Life

Insurance

New features coming to Canada Life Illustrations
Coming Mar. 25 to Canada Life illustrations, you’ll find easier access to non-integrated sales strategies, a new option to add advisor profiles and an auto-save feature to recover illustrations in progress.
Learn more about these upcoming enhancements.

Update your Concourse software (version 5.1)
UL will no longer be available on the desktop Concourse illustration software with this update.
After the update, past saved cases will no longer be available.

Find out how we’ve enhanced UL with illustrations information, marketing materials and additional learning resources. LEARN MORE

Embrace the era of web-based Canada Life Illustrations
Get a head start as we gear up for the removal of the desktop insurance illustration software. Access Canada Life illustration through Workspace today to get familiar with the enhanced experience and features. LEARN MORE

Canada Life Elevate is supporting your large case needs
We have two new resources to hep you navigate the world of underwriting large cases. This includes a new guide detailing the large case underwriting process from start to finish, and a new article by Sylvie Schmaus, AVP Advanced Underwriting, and Brigitte Loos, Vice-President, Chief Underwriter, to demystify the word of reinsurance.
Check out these resources now.

Insurance Operations Updates
– Form update – Surrender request form (322 CAN) Read more

We’re improving security for DocuSign
Starting Feb 14, 2024, the way you receive DocuSign certificates of completion will change. Instead of an attached PDF, DocuSign will now send you a secure link to log in and download the certificate. Read more on this change and have you can save certificates.

Investment

Start conversations with your clients with our award-winning funds
Over 30 of our investment funds were recognized at the 2023 Fundata FundGrade A+® awards which happened on Feb 1. The FundGrade A+® award is a highly prized achievement in the Canadian investment funds industry. It’s given annually to investment funds that show consistent, outstanding, risk-adjusted performance throughout the year.
Check out the full list of winners and consider how they can fit into your clients investment plans.

Wealth operations update
– Form updates Read more

6. RBC

Investment

In November, we communicated on Income Allocations and how RBC GIF taxation works.
The RBC GIF T3s are scheduled to be mailed mid -March.

To prepare for client inquiries, review the RBC GIF 2024 Final Income Allocations available on the Sales Resource Centre under Wealth Manager > Sales Tools.

Read more about it.

Contact Mike Jaskson at 604-363-7583 or mike.jackson@rbc.com or Jeffery Ng at 236-333-1621 or Jeffery.ng@rbc.com if you have any question.

7. Tugo

Travel                

Updates to Student Medical Insurance – Effective April 11
On April 11, 2024, we’re making updates to our Student plans. Benefits and product features will remain the same. Here’s a quick breakdown of the changes:

Introduction
– myTuGo – highlights new self-serve features to modify and extend policies.
– TuGo Wallet app – includes new link to download app from either App Store or Google Play.

Contact Information
– Clarifies instructions on how to contact TuGo, along with updates to international access codes.

Eligibility
– As a new eligibility requirement, the student or family member of the student must not be receiving or been recommended to receive palliative care. This aligns with an existing exclusion in the policy.

General Exclusions
– Includes new rodeo/equestrian sports exclusion.

Definitions
– Sports & Activities – updates made to definitions for motorized sports, rock climbing, and mountaineering.

For a more detailed summary of these changes, refer to the News & Articles section of the Partner Platform. The updated policy wording for Canadian and international students is also available for you in TuGo’s Download Centre.

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Way & Carriers’ Campaigns

8.

9. Tugo

Travel

Cheers to 60 contest!

From January 1 to March 31, 2024, for each policy sold or renewed, you’ll have a chance to win…

• Top TuGo Sales: $1,000 gift card
• 2nd for TuGo Sales: $500 gift card
• 3rd for TuGo Sales: $500 gift card
• 1 of 15 $60 gift cards by random draw

For more information please click HERE for more information

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Trainings From Way Platform and Carriers

10.

11. Q&A Session

Book your Q&A session directly with Simon Mok Every Tuesday & Thursday from 2:00pm – 5:00pm – Insurance Product, Illustration, Case Application, Selling Technique and Connection
You are welcome to an in-person Q&A session to discuss any General inquiry you have on Carriers’ products, Illustration, Case Application, Selling Techniques and Connection by Mr. Simon Mok.

Simon’s Contact Information:
Email: simon.mok@seedpacific.ca

Phone: 604-338-2928

Book your Q&A session directly with Holly Miao 1st & 3rd Thursday of every month from 11:00am – 1:00pm – Shared Ownership Dividend (SOD)

You are welcome to an in-person Q&A session to discuss Share Ownership Dividend SOD, a strategy to help corporate owner with Critical Illness Insurance protection plus the potential tax efficient dividend withdrawal benefits by Ms. Holly Miao.

Holly’s Contact Information:
Email: sunnylife1618financial@gmail.com

Phone: 778-869-5008

Book your Q&A session directly with Joanne Ma 4th Tuesday of every month from 11:30am – 1:30pm – Tax Filing, Review Tax Statement and CPA POV on Corporate Insurance

You are welcome to an in-person Q&A session to discuss Personal & Corporate Tax Filing, Review Tax Statement and CPA POV on doing Corporate insurance by Ms. Joanne Ma.

Joanne’s Contact Information:
Email: joanne622@gmail.com

Phone: 778-8952236

12. Manulife

Don’t miss your chance to learn through our Critical Illness School!
Join Vanessa Scott, National Living Benefits Consultant for a 5-part series for Critical Illness. Select the below hyperlink (time) to register.
Part #1: Setting the Stage – Back to the Basics

• April 2nd: 9am EST, 1030am EST, 12pm EST, 2pm EST

Part #2: Creating Solutions & Addressing Objections

• April 9th: 9am EST, 1030am EST, 12pm EST, 2pm EST

Part #3: Business Solutions & Taxation

• April 16th: 9am EST, 1030am EST, 12pm EST, 2pm EST

Part #4: Underwriting & Claims

• April 23rd: 9am EST, 1030am EST, 12pm EST, 2pm EST

Part #5: Handling Objections

• April 30th: 9am EST, 1030am EST, 12pm EST, 2pm EST

13. RBCI

RBCI Spring Disability Insurance School
The RBCI Spring Disability Insurance School is a comprehensive seven session course that covers Disability Insurance from A to Z. Sign up for all sessions to take advantage of learning DI step by step, building on your knowledge weekly. If your time is limited and you are already adept at one of our offerings, we recommend singing up for our other sessions. Register Here

Holiday Notice

Please note that our office will be closed on:

Friday,  March 29 (Family Day)

Regular operations will resume on:

Monday, April 1, 2024

Best Regards,

Greater Vancouver Area (GVA) 400 – 6388 No. 3 Road, Richmond BC V6Y 0L4   Greater Toronto Area (GTA) Suite N500, 675 Cochrane Drive, North Tower, Markham, ON L3R 0B8	Susana Yu   Operations Manager
		604 279 0866 (Ext. 122)
	Get an additional $3,000 for Investment PACs / Lumpsum Campaign for Jan & Feb    “The WAY to connect members.   The WAY to drive business.”
This e-mail (including any attachments) is confidential and may contain proprietary information of Way Financial Inc. It may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please notify the sender immediately by return e-mail, and delete the e-mail from your system. Any disclosure, dissemination, distribution, or copying of this e-mail is strictly prohibited.

Hello member,

Bless you with great business in Feb & March by encouragement from Blaise Bevilacqua, enterprise account executive at UserGems.

“Things never go as planned, so you need to always be ready to think on the fly. Always know that you have a certain plan, it most likely won’t end up that way.”

1. Register Now for Mar 16^th Exclusive Client Seminars – Limited to 40 spots!

At Way, you can expand your network exponentially. Each month, we provide seminars promotion for you to message and engage most of your contacts, then you’ll see a significant increase in engagement, referrals, and business opportunities. To ensure your client spot in Mar 16^th event to elevate your business volume systematically, reserve your spot now: http://financialplatform.sv.mikecrm.com/xu8Hp6w, a limited of 4 guests including advisor’s own spot. We will confirm your seats availably in few days after your registration.

(Simplified Chinese)

XXX您好! 立即把握机会! 参加仅限40人的税务节省与遗产规划讲座!

1.        作为公司股东, 您将面临高达53%的薪资税或48%的股息税。锦囊: 《所得税法》S2-F1-C1这个强大的工具可将个人支出转移到公司, 节省高达26%的税款!

2.        保障您的遗产传承!《所得税法》第70(5)(a), 在您离世时会把您的所有资产按市值计算, 产生25%的资产增值税, 大大缩减遗产的价值。锦囊: 隔离基金信托、免税传承账户及第2遗嘱, 确保足够的流动性来减低税务负债达25%。不要让税法决定您的遗产, 掌控局面并确保您辛苦赚来的资产得以传承!

欢迎参考以往讲座片段:

粤: https://youtu.be/dzu6u1GhnCY

普: https://youtu.be/bMUHdZYCPZ0

诚邀您参加3月16日于列治文办公室举办的讲座! 只有40个名额! 请问您想报名吗?

XX理财 XX先生/小姐

讲座地点：415 – 6388 No. 3 Road, Richmond

(Traditional Chinese)

XXX您好! 立即把握機會! 參加僅限40人的稅務節省與遺產規劃講座!

1.        作為公司股東, 您將面臨高達53%的薪資稅或48%的股息稅。錦囊: 《所得稅法》S2-F1-C1這個強大的工具可將個人支出轉移到公司, 節省高達26%的稅款!

2.        保障您的遺產傳承!《所得稅法》第70(5)(a), 在您離世時會把您的所有資產按市值計算, 產生25%的資產增值稅, 大大縮減遺產的價值。錦囊: 隔離基金信托、免稅傳承賬戶及第2遺囑, 確保足夠的流動性來減低稅務負債達25%。不要讓稅法決定您的遺產, 掌控局面並確保您辛苦賺來的資產得以傳承!

歡迎參考以往講座片段：

粤: https://youtu.be/dzu6u1GhnCY

普: https://youtu.be/bMUHdZYCPZ0

誠邀您參加3月16日於列治文辦公室舉辦的講座! 只有40個名額! 請問您想報名嗎?

XX理財 XX先生/小姐

講座地點：415 – 6388 No. 3 Road, Richmond

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with member, so should member’s guest win the cash prize, the member is responsible for the cost.

Platform Updates

2. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

3. Sea, Sky & Ocean Meeting Room Ready for Booking

Some Members have been using the Sea, Sky & Ocean meeting rooms already.  While priority is given to office users, all Members can make their bookings here:  Sea, Sky & Ocean

Industry Updates

4. Insurance Council of British Columbia

Update on CE and E&O Requirement for Annual License Renewal
The annual license renewal for all Insurance Council licensees will open on April 3, 2024. The annual deadline for licensees to complete their continuing education (CE) requirement is May 31, 2024, for the licensing period of June 1, 2024 – May 31, 2025. Licensees who renew their licence past deadline and do not meet their CE requirements by May 31 may be investigated further and my result in discipline.
CE guidelines by licence class and CE credit criteria can be found here.

Carriers’ Update

5. Canada Life

Insurance

Enhanced universal life insurance is here.
Available now, our new universal life insurance (UL) makes it easier to sell than ever before with even greater flexibility. The new Stable Growth Account is an attractive new feature, offering your clients stable returns with growth potential. The new annually increasing to age 100 cost type helps clients lower their insurance costs in the policy’s early years, giving them the opportunity to build more cash value.

New UL, available exclusively on web-based Canada Life Illustrations
Show clients the value and potential of UL with faster and easy to use UL illustrations and new graphs, reports and more. It also includes the ability for you to download and share your saved cases with others. If you’re registered for Workspace and already using Canada Life illustration on the web, then you’re ready to jump in and start illustrating.

If you haven’t registered for Workspace, REGISTER NOW to use Canada Life Illustrations.

Update your Concourse software (version 5.1)
UL will no longer be available on the desktop Concourse illustration software with this update.
After the update, past saved cases will no longer be available.

Find out how we’ve enhanced UL with illustrations information, marketing materials and additional learning resources. LEARN MORE

New Investing with conviction: private assets
Learn more about the advantages of private asset exposure and how it benefits participating account policyowners in the latest edition.

We’re improving security for DocuSign
Starting Feb 14, 2024, the way you receive DocuSign certificates of completion will change. Instead of an attached PDF, DocuSign will now send you a secure link to log in and download the certificate. Read more on this change and have you can save certificates.

Promote My Canada Life at tax time
As your clients get organized for tax season, make sure to tell them about My Canada Life™, where they can view policy details and access available tax documents. Share this social post and more.

6. iA

Investment

RRSP Contribution Deadline

For timely processing within the 2023 fiscal year-end deadlines, advisors must confirm electronic RRSP contributions once the client has electronically signed before 9 p.m. PST on February 29, 2024. Paper transactions, including inter-contract requests, require both electronic signatures and cheques/bank drafts dated on or before February 29, with documents received at iA Head Office by 1 p.m. PST on March 5, 2024. For comprehensive details, click here.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

Feel free to let me know if you have any questions.

7. Manulife Bank

Investment

Document Transfer Portal for Investment Loan

Manulife Bank has confirmed that the Investment Loan Application will no longer accept loan application documents via email or Secure Inbox. As a result, advisors are mandated to utilize the new Manulife Bank Document Transfer Portal to create a new case and initiate the lending application process. Access to this secure file transfer tool requires logging in with your Advisor Manulife ID. Kindly ensure all paperwork is submitted to your designated case coordinator for further processing. For more detailed instructions, please refer to the attached guideline.

Contact Ardy Hossein-pour at 604 345 3873 or Ardy_Hossein-pour@manulife.ca  if you have any question.

8. RBC

Investment

The RRSP deadline is February 29, 2024. We can help you get ready and get the most out of this years’ RRSP season. Use the index below to find the information you need.
READ MORE

9. Tugo

Travel                

Rate increases on February 22, 2024
Due to medical inflation and higher claims costs, TuGo will be implementing some product rate increase. The increase will range from 0 to 8% across the spectrum of our travel insurance programs.

In addition, there will also be some small surcharge changes to the following Traveller MQ conditions – COPD not requiring home oxygen, GERD, hypertension with no alteration within the last 6 months, arthritis, diabetes requiring insulin, diabetes not requiring insulin, and smoking. These surcharge changes are only applicable to our Traveller program.

Prepare for Spring Break with TuGo’s Family & Friends plan
According to the Conference Board of Canada, “positive travel intentions are being reported for the [20]24 winter season”, with the most recent survey indicating that “57% of adults plan to take a leisure trip between November 2023 and April 2024.” In anticipation of peak spring break travel season for families, promote the value TuGo’s Family & Friends plan.

Key benefits of the Family & Friends plan:

• Available for up to two adults (59 years old or younger) and up to 6 dependent children. When adults are travelling with children, the children are covered for free!
• Cost-effective for small group travel amongst family and friends.
• Available as a Single Trip or a Multi Trip Annual Emergency Medical Insurance plan.
• Includes Air Travel Delay Expenses benefit for anyone travelling by air, offering coverage for flight delays 4+ hours and lost or delayed baggage.
• The individual(s) named in the Family & Friends plan doesn’t have to be the parent(s) or guardian(s) of the dependent children.
• Dependent children can be on this plan without an adult.
• Travellers don’t have to travel together.

Remember, TuGo offers more than just Emergency Medical insurance!

• Ground, air or sea ambulance services and remote evacuation
• Emergency dental coverage
• TuGo Telemedicine—convenient, prompt, comprehensive consultation with a physician, right over the phone (travel within US only)
• Complimentary access to MyFlyt, for flight delays 2+ hours
• Optional Sports & Activities Coverage

Looking to share these benefits with your customers?  Download our Family & Friends plan infographic

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Way & Carriers’ Campaigns

10.

11. Canada Life

Insurance

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

12. IA

Investment

First Home Savings Account Contest

IA has launched the First Home Savings Account (FHSA) on November 13, 2023. Opening an FHSA account for clients by March 11, 2024, before 11:59 pm, gives them two chances to win $8000 during the Contest Period. Explore FHSA details here and find contest rules here.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

13. Tugo

Travel

Cheers to 60 contest!

From January 1 to March 31, 2024, for each policy sold or renewed, you’ll have a chance to win…

• Top TuGo Sales: $1,000 gift card
• 2nd for TuGo Sales: $500 gift card
• 3rd for TuGo Sales: $500 gift card
• 1 of 15 $60 gift cards by random draw

For more information please click HERE for more information

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Trainings From Way Platform and Carriers

14.

15. Canada Life
Register: Canada Life Portfolio Manager Connect event – Brandywine Global
Want to learn how to drive returns through meaningful diversification across a wider global fixed income universe? Join Michael Arno, Portfolio Manager & Senior Research Analyst, to get strategic insights on the multi-sector fixed income markets.

March 21 at 1 p.m. ET | Register today!

Don’t miss out. Register for Virtual Learning Academy sessions.
Attend these live, facilitated online sessions to learn how to grow your business. Sign up today!

Learn more about all upcoming events and view past event recordings on Workspace.

Holiday Notice

Please note that our office will be closed on:

Friday,  March 29 (Family Day)

Regular operations will resume on:

Tuesday, Feb 20, 2024

Best Regards,

Greater Vancouver Area (GVA) 400 – 6388 No. 3 Road, Richmond BC V6Y 0L4   Greater Toronto Area (GTA) Suite N500, 675 Cochrane Drive, North Tower, Markham, ON L3R 0B8	Susana Yu   Operations Manager
		604 279 0866 (Ext. 122)
	Get an additional $3,000 for Investment PACs / Lumpsum Campaign for Jan & Feb    “The WAY to connect members.   The WAY to drive business.”
This e-mail (including any attachments) is confidential and may contain proprietary information of Way Financial Inc. It may be privileged or otherwise protected from disclosure. If you are not the intended recipient, please notify the sender immediately by return e-mail, and delete the e-mail from your system. Any disclosure, dissemination, distribution, or copying of this e-mail is strictly prohibited.

Hello member,

Bless you with great business in Jan and Feb by encouragement from Elon Musk.

“When Henry Ford made cheap, reliable cars, people said, ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked.”

1. Feb 3rd, 2024 Client Event Registration

To generate more clients and broker connections, Way helps to create unique content and seminar for you to fine tune to send individual message to most of your contacts in the beginning of every month, then you will generate a significant amount of engagement, referrals, and business opportunities. As you realise that every session is always overbooked, member must reserve spots from underneath link http://financialplatform.sv.mikecrm.com/cxfZ1P3, with a limited of 3 guests per member. We will confirm your seats availably in few days after your registration.

(Simplified Chinese)

XXX恭喜发财! 祝您2024祥龙献瑞, 财税事事顺利!

每年买RRSP的人有高达620万人, 但有多少人了解如何省税地提取RRSP, 同时不影响政府福利, 传承给子女时更不用打一半的税? 今场讲座将会讲解如何利用免税保障户口, 以利息抵扣形式填写税表T22100, 每年扣除RRSP收入, 并在10年内提取几乎所有RRSP, 降低40%的税务成本!

欢迎参考以往讲座片段:

粤: https://youtu.be/uPUAiGibYaA

普: https://youtu.be/6GcKC-7MQ9w

我想邀请您参加2月3日于列治文办公室举办的第81场讲座！只有20个名额! 请问您想报名吗？

XX理财 XX先生/小姐

讲座地点：415 – 6388 No. 3 Road, Richmond

(Traditional Chinese)

XXX恭喜發財! 祝您2024祥龍獻瑞, 財稅事事順利!

每年買RRSP的人有高達620萬人, 但有多少人了解如何省稅地提取RRSP, 同時不影響政府福利, 傳承給子女時更不用打一半的稅? 今場講座將會講解如何利用免稅保障戶口, 以利息抵扣形式填寫稅表T22100, 每年扣除RRSP收入, 並在10年內提取幾乎所有RRSP, 降低40%的稅務成本!

歡迎參考以往講座片段：

粤: https://youtu.be/uPUAiGibYaA

普: https://youtu.be/6GcKC-7MQ9w

我想邀請您參2月3日於列治文辦公室舉辦的第81場講座! 只有20個名額! 請問您想報名嗎?

XX理財 XX先生/小姐

講座地點：415 – 6388 No. 3 Road, Richmond

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with member, so should member’s guest win the cash prize, the member is responsible for the cost.

Platform Updates

2. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

Carriers’ Update

3. Canada Life

Insurance

Insurance news available through Workspace
Check out the latest insurance news from Canada Life within Workspace. Click “More” in the top right navigation to see what’s new today.

New segregated fund summary is now available on Workspace!
Go to Workspace to check out the new segregated fund summary. These new summaries will open in a new tab and will automatically launch your browser’s print option. From there, you can print or print to PDF.

Get familiar with Workspace before RepNet goes away! Register for a virtual training session
In the upcoming live session offered by Virtual Learning Academy, you’ll learn how to navigate Workspace, access client products/policies and find key forms, processes and additional resources. To get the most out of the session, we recommend you register for Workspace before the session.
The sessions’ live instructor will answer your questions in real time. Register now!

Get the latest news from Canada Life in Workspace
Go to the “More” tab in Workspace to see what’s new today.

RepNet will be replaced by Workspace in 2024. Don’t have Workspace yet? Learn more and register today!

Insurance Operations updates
– Electronic fund transfer (EFT) – One-time payment withdrawal authorization update
– Conversion/guaranteed issue applications must be submitted in good order
– Electronic contract delivery on conversion/guaranteed issue
Read more for information on the updates

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com if you have any question.

Investment

2023 product enhancements will help you ring in the new year!

In 2023, we made a lot of changes to our segregated fund offering to help ensure it remains relevant, competitive and positioned to win. Here’s a look book at what we brought you to support your client conversations:
– Enhanced segregated fund shelf with new and relevant investment options:

– Consider the Diversified Real Assets fund, standalone responsible investment branded segregated funds and reopened mandates with award-winning performance to meet your clients’ unique needs, no matter what the markets bring.

Help clients earn 4% minimum return in turbulent times: Until April 23, 2024, we’re waiving part of the management fess on Canada Life^TM  Money Market segregated fund to help ensure your clients get at least 4% back on their investment annually.

2024 Market Outlook report has arrived!
Wondering what higher interest rates, diverging economic growth and geopolitical conflicts mean for capital markets in 2024? We’ve got insights! Read out 2024 Market Outlook Report today for a comprehensive view of market dynamics. We’ve drawn from the strength of Canada Life Investment Management’s multi-manager approach again this year to compile market insights from managers across our shelf. The rich diversity of perspectives will provide you with a holistic understanding of the investment landscape, ensuring you’re well-informed on various viewpoints.

It’s beginning to look a lot like tax season

With RRSP season gearing up, it’s time to take advantage of our updated registered retirement savings plan (RRSP) and tax-free savings account (TFSA) toolkit. In the toolkit you’ll find information like TFSA limit increase to $7,000 for 2024 and articles you can share with your clients. You can also access our wealth process toolkit which has 2023 RRSP and TFSA key numbers, administrative materials, tax resources and investment solutions. Use these new resources to support your business, start more meaningful client conversations and give advice that can help your clients reach their savings goals.

Wealth operations update
– Estimated Tax Slip Mailing Dates

– Fund Fact Booklet updates
Read more

Contact Richard Chen at 604-338-6416 or Richard.Chen@canadalife.com, Jessica Leung at 604-646-2118 or Jessice.Leung@canadalife.com if you have any question.

4. Sun Life

Investment

Weekly Market Monitor
Click Here to view the Weekly Market Monitor from Sun Life

Never before has the number of Canadians nearing retirement been so high, which is why it’s now more important than ever to help Canadians fund their income and retirement needs. This event is built to arm you with knowledge, insight and diverse ideas to help plan for your clients’ income needs.

Register Now for January 23 – Vancouver (Burnaby), BC – Delta Burnaby Conference Centre

Contact Ryan Cipolla at 604-353-0392 or ryan.cipolla@sunlife.com, Andrew Haukedal at 604-235-9055 or Andrew.haukedal@sunlife.com if you have any question.

5. Tugo

Travel                

Rate increase on Feb 22, 2024
Due to medical inflation and higher claims costs, TuGo will be implementing some product rate increases on February 22, 2024. The increase will range from 0 to 8% across the spectrum of our travel insurance programs.

In addition, there will also be some small surcharge changes to the following Traveller MQ conditions – COPD not requiring home oxygen, GERD, hypertension with no alteration within the last 6 months, arthritis, diabetes requiring insulin, diabetes not requiring insulin, and smoking. These surcharge changes are only applicable to our Traveller program.

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Way & Carriers’ Campaigns

6.

7. Canada Life

Insurance

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

8. IA

Investment

First Home Savings Account Contest

IA has launched the First Home Savings Account (FHSA) on November 13, 2023. Opening an FHSA account for clients by March 11, 2024, before 11:59 pm, gives them two chances to win $8000 during the Contest Period. Explore FHSA details here and find contest rules here.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

9. Tugo

Travel

Cheers to 60 contest!

From January 1 to March 31, 2024, for each policy sold or renewed, you’ll have a chance to win…

• Top TuGo Sales: $1,000 gift card
• 2^nd for TuGo Sales: $500 gift card
• 3^rd for TuGo Sales: $500 gift card
• 1 of 15 $60 gift cards by random draw

For more information please click HERE for more information

Contact Helene Desjardins at 905-267-1724 or hdes@tugo.com if you have any question.

Trainings From Way Platform and Carriers

10.

Holiday Notice

Please note that our office will be closed on:

Monday, Feb 19 (Family Day)

Regular operations will resume on:

Tuesday, Feb 20, 2024

Hello member,

Bless you with great business in Dec and Jan by encouragement from Henry David Thoreau.

“Success usually comes to those who are too busy to be looking for it.”

1. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

2. Compliance Package 2 in 1

To save your time to meet compliance requirements, we have simplified the Financial Needs Analysis (FNA) and the Reason Why documents into one simple form. You can start using the attached FNA + RWL, which also can be found from Virtgate. The OLD FNA and OLD Reason Why will no longer be used after Oct 1^st.

First Home Savings Account (FHSA) Reason Why Letter is now available in our online folder and also available on VirtGate under the Supplies & Forms.

If you have questions, your case coordinator will be happy to help you out, so Way can continuously to be the best advisor’s platform to connect advisors.

Carriers’ Update

3. Canada Life

Insurance

Spend some time to get your CE credits before the Dec 31. Deadline
Go to the Learning and Continuing Education Centre to find a variety of online learning resources – easily search the topic you’re looking for.

New segregated fund summary is now available on Workspace!
Go to Workspace to check out the new segregated fund summary. These new summaries will open in a new tab and will automatically launch your browser’s print option. From there, you can print or print to PDF.

Get familiar with Workspace before RepNet goes away! Register for a virtual training session
In the upcoming live session offered by Virtual Learning Academy, you’ll learn how to navigate Workspace, access client products/policies and find key forms, processes and additional resources. To get the most out of the session, we recommend you register for Workspace before the session.
The sessions’ live instructor will answer your questions in real time. Register now!

Get the latest news from Canada Life in Workspace
Go to the “More” tab in Workspace to see what’s new today.

RepNet will be replaced by Workspace in 2024. Don’t have Workspace yet? Learn more and register today!

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

Investment

Higher interest rates, diverging economic growth and geopolitical conflicts will likely have an effect on capital markets in 2024. But remember that in times of economic uncertainty, your clients’ financial goals aren’t lost, but may be temporarily obscured. Join us for the Canada Life Investment Management 2024 Market Outlook call on January 10 from 1 to 2.15 p.m. ET to get the insights you need to help your clients make strategic decisions about their investments, ensuring their financial success in an ever-evolving landscape.

​

Host Dan Gremonprez, National Vice-President, Wealth Distribution at Canada Life, will be joined by Susan Spence, Vice-President and Portfolio Manager at Portfolio Solutions Group and Jared Franz, Economist at Capital Group. They’ll provide an overview of what may lie ahead across asset classes.

​

Register now to learn more and get answers to your top questions about the markets and client portfolios. By combining these insights with the diverse range of Canada Life™ solutions, we can help clients plan for life as they know it and weather potential storms.

4. RBC

Investment

2023-2024 RRSP materials
RRSP Season is here and we want to ensure you have all the information and materials you need to support your clients. Click HERE for more information.

Segregated Fund Taxation for non-registered policies
As we approach the end of 2023, we want to take this opportunity to remind you how allocations work for RBC® Guaranteed Investment Funds (GIF). Attached is the “RBC 2023 Estimated Allocations” for your record.

Contact Mike Jackson at 604-363-7583 or mike.jackson@rbc.com, Jeffrey Ng at 236-333-1621 or Jeffrey.ng@rbc.com, Keni Ng at keni.ng@rbc.com if you have any questions.

5. Sun Life

Investment

Never before has the number of Canadians nearing retirement been so high, which is why it’s now more important than ever to help Canadians fund their income and retirement needs. This event is built to arm you with knowledge, insight and diverse ideas to help plan for your clients’ income needs.

Register Now for January 23 – Vancouver (Burnaby), BC – Delta Burnaby Conference Centre

Contact Ryan Cipolla at 604-353-0392 or ryan.cipolla@sunlife.com, Andrew Haukedal at 604-235-9055 or Andrew.haukedal@sunlife.com if you have any questions.

6. Tugo

Re-Signed Terms and Conditions
All Plan Admins will be required to agree to our myHSA terms and conditions each year upon renewal! The agreement is signed digitally via the platform and they will automatically see a pop up on their renewal date. A copy of the agreement will be saved under the Resources tab of their plan admin profile.

Important Information for Plans that Renew January 1
Get more details and clarification on plans that are renewing on January 1, 2024 here.

Prepping for Renewal
With renewal approaching, we like to make it easy for you. Use the “Renewal Report” under the Reports tab to get all the details you need when prepping for a client renewal.
Click here to read our guide on how to have a smooth renewal

Way & Carriers’ Campaigns

7.

8. Canada Life

Insurance

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

9. IA

Investment

First Home Savings Account Contest

IA has launched the First Home Savings Account (FHSA) on November 13, 2023. Opening an FHSA account for clients by March 11, 2024, before 11:59 pm, gives them two chances to win $8000 during the Contest Period. Explore FHSA details here and find contest rules here.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

10. Manulife

Insurance

Grow For It Campaign by Manulife – Win up to $5,000

Manulife is launching the Grow For It campaign again this year and you could win up to $5,000 in additional bonuses for settling insurance cases.

See attached campaign poster. For more details, click here.

Contact Jason Ma at 604-404-5432 or Jason_Ma@manulife.ca, Samantha Xiao at 604-678-2161 or Samantha_Xiao@manulife.ca

Trainings From Way Platform and Carriers

11.

12. Sun Life

Join the webcast on Jan 11, 2024 at 2 p.m ET with Chhad Aul, Chief Investment Officer and Head of Multi-Asset Solutions, SLGI Asset Management Inc.  Register now and find out what he believes 2024 has in store for the economy, the impact on the market and asset class opportunities.  Chhad will discuss:

• Now that Canada is in technical recession – what’s next?
• What “higher for longer” interest rates may mean for markets and the economy
• Inflation’s road back to central banks’ 2% target
• The looming debt maturity wall and the possibility of a credit event
• Upcoming U.S. elections and other geopolitical risks

Holiday Notice

Please note that our office will be closed on:

Monday, Dec 25 (Christmas Day)

Regular operations will resume on:

Tuesday, Dec 26, 2023

Monday, Jan 1 (New Year’s Day)

Regular operations will resume on:

Tuesday, Jan 2, 2024

Wishing you a joyful holiday season and a fantastic New Year~

Hello member,

Bless you with great business in Nov and Dec by encouragement from Oprah Winfrey.

“Passion is energy. Feel the power that comes from focusing on what excites you.”

1. Jan 18^th, 2024 Luncheon Client Event Registration

At Way, we are excited to announce our upcoming quarterly luncheon conference on January 18, 2024, dedicated to helping you boost your new and repeat business, as well as referrals. This unique event will provide you with an opportunity to promote your services while enlightening your network on high-level strategies in “Inheritance of marriage protection & Money Earning Fund Trust.”

Our luncheon conferences are renowned for creating a conductive environment for meaningful networking, ensuring that you can make valuable connections with peers and clients alike. In addition to the enriching discussion, we have curated a delightful experience for you and your guests, featuring champagne and a delicious meal.

Given the high demand for our client events, we have limited availability with only 100 tickets up for grabs. We encourage you to reserve your spot promptly to secure your please. To reserve your tickets, please visit http://financialplatform.sv.mikecrm.com/J3pbKDt before Dec 15 and contact office manager Susana Yu to arrangement the payment to secure your tickets.

This luncheon conference is an excellent opportunity for you to not only enhance your professional network but also to showcase your expertise. Don’t miss out on this chance to elevate your business and make lasting connections.

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with members, so should member’s guest win the cash prize, the member is responsible for the cost.

2. Dec 16th, 2023 Client Event Registration by Dec 11

To generate more clients and broker connections, Way helps to create unique content and seminar for you to fine tune to send individual message to most of your contacts in the beginning of every month, then you will generate a significant amount of engagement, referrals, and business opportunities. As you realize that every session is always overbooked, member must reserve spots from underneath link. http://financialplatform.sv.mikecrm.com/9JGaZgx. We will send email to secure your spots.

(Traditional Chinese)

XXX您好, 好多人都無法解決27%地產增值稅, 平均3%遺產認證成本, 加上高達5%的轉讓稅。今場講座將會講解大部分人對家庭信託21年法則的誤解, 還有用客戶案例，經信託作為傳承工具, 幫公司節稅及避免地產認證過程, 節省100萬的認證費用及稅務成本！

歡迎參考以往講座片段：

粤: https://youtu.be/uPUAiGibYaA

普: https://youtu.be/6GcKC-7MQ9w

我想邀請您參加12月16日於列治文辦公室舉辦的第79場講座!  只剩10個優惠名額可獲贈價值$100講座簡報PPT! 請問您想報名嗎?

XX理財 XX先生/小姐

講座地點：415 – 6388 No. 3 Road, Richmond

(Simplified Chinese)

XXX您好, 好多人都无法解决27%地产增值税， 平均3%遗产认证成本， 加上高达5%的转让税。 今场讲座将会讲解大部分人对家庭信托21年法则的误解， 还有用客户案例，经信托作为传承工具， 帮公司节税及避免地产认证过程， 节省100万的认证费用及税务成本！

欢迎参考以往讲座片段:

粤: https://youtu.be/uPUAiGibYaA

普: https://youtu.be/6GcKC-7MQ9w

我想邀请您参加12月16日于列治文办公室举办的第79场讲座！  只剩10个优惠名额可获赠价值$100讲座简报PPT！ 请问您想报名吗？

XX理财 XX先生/小姐

讲座地点：415 – 6388 No. 3 Road, Richmond

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with member, so should member’s guest win the cash prize, the member is responsible for the cost.

Platform Updates

3. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

4. Compliance Package 2 in 1

To save your time to meet compliance requirements, we have simplified the Financial Needs Analysis (FNA) and the Reason Why documents into one simple form. You can start using the attached FNA + RWL, which also can be found from Virtgate. The OLD FNA and OLD Reason Why will no longer be used after Oct 1^st.

First Home Savings Account (FHSA) Reason Why Letter is now available in our online folder and also available on VirtGate under the Supplies & Forms.

If you have questions, your case coordinator will be happy to help you out, so Way can continuously to be the best advisor’s platform to connect advisors.

Carriers’ Update

5. B2B Bank

Investment

Effective December 4^th, 2023, B2B Bank will no longer offer a payment deferral option on RSP Loans.

Contact Danya Wang at 236-688-6201 or danya.wang@b2bbank.com if you have any question.

6. Canada Life

Insurance

Cut-off dates by product line for the 2023 business year, please refer to “Canada Life Year-end 2023” timeline.

Disability Insurance on web-based Canada Life Illustration

Disability Insurance is now available. Use this job aid to learn how to illustrate disability insurance on the web-based tool.

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

7. Empire Life

Insurance

New enhancements to some of Empire Life underwriting questions with Empire Life starting November 21, 2023. These new features will improve straight through processing and aim to reduce additional email communications requesting further underwriting information from potential life insureds. HERE are the details including a full list of changes.

Contact Leslie Carpenter at 604-340-1117 or Leslie.carpenter@empire.ca, Dean Martin at 604-644-2265 or dean.martin@empire.ca if you have any questions.

8. myHSA

Insurance

Future Plan Changes

The feature for future plan changes and employee plan moves is currently on pause and the tech team at myHSA works on fixing this error. Please send all the details of the changes to support@getmyhsa.com and myHSA team will manually take care of everything for you. They will also send you a confirmation on the day of the changes to make sure it all went through.

Contact Kyle Welsh at kyle@getmyhsa.com if you have any questions.

9. RBC

Insurance

Cut-off dates by product line for the 2023 business year, please refer to “RBC Year-end 2023” timeline.

Contact Lorenzo Mercado at 236-808-6658 or Lorenzo.mercado@rbc.com, Ling Lim at 236-877-7861 or ling.lim@rbc.com

Investment

2023-2024 RRSP materials

RRSP Season is here and we want to ensure you have all the information and materials you need to support your clients. Click HERE for more information.

Segregated Fund Taxation for non-registered policies

As we approach the end of 2023, we want to take this opportunity to remind you how allocations work for RBC® Guaranteed Investment Funds (GIF). Attached is the “RBC 2023 Estimated Allocations” for your record.

Contact Mike Jackson at 604-363-7583 or mike.jackson@rbc.com, Jeffrey Ng at 236-333-1621 or Jeffrey.ng@rbc.com, Keni Ng at keni.ng@rbc.com if you have any questions

10. Sun Life

Insurance

Key dates for Year-end 2023

December 1: Last day to submit conversion applications.

December 14: Last day to courier settlement documents to guarantee 2023 commission payout.

December 15: Last day for Sun Life to receive settlement documents (including cheques), to count the toward 2023 commissions.

December 19: Sun Life’s settlement close date for 2023 commissions.

Commission payout will happen before the end of the year, based on the applicable remuneration schedule.

Settling policies from December 20-22 – If Sun Life settle a policy between December 20 – 22, it’s possible that it will count toward your 2023 commissions. There are many factors that will determine when the commission will be paid out during this time (e.g. advisor bank selection, product type etc.).

Marketing Materials to support your conversation with Clients about the value of Critical Illness Insurance

• Sun CII insurance claims fact sheet – English I Chinese – shows the chance someone will need critical illness insurance and highlights the fact critical illness can happen any time
• Guide to critical illness definitions – English I Chinese – provides definitions for each of the illness covered
• Sun CII client guide – English I Chinese – help your Clients understand the features and benefits
• Sun CII product sweet spots – reasons to consider Sun Life CII
• Canadian Health Insurance Tax Guide Library – a first in the Canadian insurance market, these resources will help you navigate the issues unique to Canadian health insurance taxation

Apply for a new policy with an existing application – clients can use existing application to apply for a new Critical Illness Insurance, term, universal or participating policy – please see the options

Contact Renee Ho 604-5657-9251 or renee.ho@sunlife.com, June Wang 604-895-5413 or June.wang@sunlife.com if you have any questions.

11. Tugo

Travel

New features on myTuGo (mytogo.com)! This online platform for travellers will offer new features that will allow your client to manager policies and claims, 24/7. They’ll be able to modify, extend and renew their coverage, all in one place. Here you can learn more about myTuGo’s many benefits.

Contact Helene Desjardins 1-800-697-7520 ext. 3501 or hedes@tugo.com

Way & Carriers’ Campaigns

12.

13. Canada Life Insurance Bonus

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

14. IA

Investment

First Home Savings Account Contest

IA has launched the First Home Savings Account (FHSA) on November 13, 2023. Opening an FHSA account for clients by March 11, 2024, before 11:59 pm, gives them two chances to win $8000 during the Contest Period. Explore FHSA details here and find contest rules here.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

15. Manulife

Insurance

Grow For It Campaign by Manulife – Win up to $5,000

Manulife is launching the Grow For It campaign again this year and you could win up to $5,000 in additional bonuses for settling insurance cases.

See attached campaign poster. For more details, click here.

Contact Jason Ma at 604-404-5432 or Jason_Ma@manulife.ca, Samantha Xiao at 604-678-2161 or Samantha_Xiao@manulife.ca

Trainings From Way Platform and Carriers

16.

17. Canada Life

Join your peers on Dec. 6 at 1 p.m. ET at a webinar hosted by Marco D’ Aversa, Manager, Tax and Estate Planning Group. Insured annuities are planning strategies which use a combination of a life annuity and a life insurance policy. Marco will discuss the benefits and considerations of these strategies.
Find more resources on insured annuities here.
Register now ›

Want to learn more about investing in large-cap companies? Explore a multidimensional approach to value investing with Lauren B. DeMore, Protfolio Manager at Putnam Investments. She’ll dive into the Canada Life U.S. Value Fund and show you how this investment strategy offers exposure to stocks, dividend growers and cash flow generators within its portfolio. Register today for Dec 7 at 1 pm (EST)

Register for the upcoming virtual training of our new eApp in Mandarin on De 5 or Dec 6 from 3:00 to 4:00 pm (EST) : 实时会话注册 – Welcome to our new Digital Segregated Fund Application | Rise 360 (articulate.com)

18. Sun Life

Join the webcast on Jan 11, 2024 at 2 p.m ET with Chhad Aul, Chief Investment Officer and Head of Multi-Asset Solutions, SLGI Asset Management Inc.  Register now and find out what he believes 2024 has in store for the economy, the impact on the market and asset class opportunities.  Chhad will discuss:

• Now that Canada is in technical recession – what’s next?
• What “higher for longer” interest rates may mean for markets and the economy
• Inflation’s road back to central banks’ 2% target
• The looming debt maturity wall and the possibility of a credit event
• Upcoming U.S. elections and other geopolitical risks

19. Tugo

Register HERE for Dec 5 – Non-Medical Travel Insurance – What you need to know

Register HERE for Dec 7 – Getting to Know Claims at TuGo

Register HERE for Dec 13 – Emergency Medical Insurance for Canadians

Holiday Notice

Please note that our office will be closed on:

Monday, Dec 25 (Christmas Day)

Regular operations will resume on:

Tuesday, Dec 26, 2023

Monday, Jan 1 (New Year’s Day)

Regular operations will resume on:

Tuesday, Jan 2, 2024

Hello member,

Bless you with great business in Oct and Nov by encouragement from Zig Ziglar.

“When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there!”

1. Jan 16^th, 2024 Luncheon Client Event Registration

Oct 18^th luncheon client event was overbooked by 20% to 120 members and clients, which had already helped some members to generate large cases. To support your great interest to generate new client, repeat business and referral, the next luncheon client event (Chinese 中文)  will be hosted on Jan 18^th, 2024. To avoid not getting your tickets as many other members’ overwhelming feedback last time, you are encouraged to reserve number of your tickets before now even before you start inviting your guests.

January 18^th event (good for Chinese New Year and RRSP promotion) registration link http://financialplatform.sv.mikecrm.com/Dc6wUuV

January 18^th event (before Chinese New Year) registration link http://financialplatform.sv.mikecrm.com/Dc6wUuV

2. Nov 18^th, 2023 Client Event Registration by Nov 6th.

Way helps to create unique content and seminar for you to fine tune to send individual message to most of your contacts in the beginning of every month, then you will generate a significant amount of clients, referrals, brokers’ connections. As you realise that every session is always overbooked, member must reserve spots from underneath link, with a limited of 3 guests per member. http://financialplatform.sv.mikecrm.com/iqLweDg. We will confirm your seats availably in few days after your registration.

(Simplified Chinese)

XXX您好, 您知道金字塔有4700年历史吗？我们11月18日於列治文办公室举办的第78场讲座会讲解到遗产传承金字塔包含的个人遗嘱，公司遗嘱，免税遗产保险，隔离基金信托，身前信托，身後信托等如何减轻25%的税款和避免婚姻状况改变的影响!

请问想报名讲座吗，因爲只有30个名额，能星期3前囘我吗? 当天来宾更可获赠价值$100遗嘱指南及参加$100现金抽奖？

(Traditional Chinese)

XXX您好, 您知道金字塔有4700年歷史嗎？我們11月18日於列治文辦公室舉辦的第78場講座會講解到遺產傳承金字塔包含的個人遺囑，公司遺囑，免稅遺產保險，隔離基金信托，身前信托，身後信托等如何減輕25%的稅款和避免婚姻狀況改變的影響!

請問想報名講座嗎，因爲只有30個名額，能星期3前囘我嗎? 當天來賓更可獲贈價值$100遺囑指南及參加$100現金抽獎？

p.s. Cash prize is to encourage guest to fill lucky draw form to make appointment with member, so should member’s guest win the cash prize, the member is responsible for the cost。

Platform Updates

3. Share folder

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

4. Compliance Package 2 in 1

To save your time to meet compliance requirements, we have simplified the Financial Needs Analysis (FNA) and the Reason Why documents into one simple form. You can start using the attached FNA + RWL, which also can be found from Virtgate. The OLD FNA and OLD Reason Why will no longer be used after Oct 1^st.

If you have questions, your case coordinator will be happy to help you out, so Way can continuously to be the best advisor’s platform to connect advisors.

Carriers’ Update

5. Canada Life

Insurance

Illustration software (version 5.0) is now available

The new version of Canada Life Concourse™ includes the following changes:

• New Canada Life My Term™ rates that are more competitive across all term lengths.
• A new rate band for policies with face amounts of $2,000,000 to $4,999,999.
• New eligibility ranges for preferred rates.
• Illustrations for up to $25 million, an increase from $20 million.

Web-based Canada Life illustrations has been updated with the latest term rates and banding and now includes disability insurance.

It’s easy to update with AutoUpdater – just open your current version of Concourse. Be sure to complete both parts of the update. Here is the details of the new version of Canada Life Concourse™

Web-based Canada Life Illustrations

Estate Transfer + and Corporate Estate Transfer + are now integrated within Canada Life Illustrations and we’re working on adding more. In the meantime, did you know that you can easily export illustration data to use with Excel-based sales strategies?
Use the Export data button (within the Illustration report tab) to get started.
This detailed job aid walks you through the steps. You can also reach out to your insurance sales partner for help.

Faster death claims with online submission

Canada Life launched online claims for individual life insurance and wealth policies on July 13. Claims are reviewed by a designated examiner and the decisions can be made within a week, but complex cases may take longer. Once a decision is made, claimants will receive written confirmation and payments are processed promptly. To save time, start the online life and wealth claims here or Critical illness and Disability claims here. Please refer to the attached document for full details on the handling of the claim.

Make cyber security a priority – new support materials available
Cyber security threats happen every day and can be complex. The financial services industry, especially advisors with small to medium sized businesses are a prime target for cyber criminals. Criminals may attempt to use your computer, network, or email to unlawfully conduct transactions, withdraw funds, destroy, steal or gain information. Protect your clients, business and reputation by making cyber security a priority.
Watch the new Cyber security – Protect your practice now! video and review the Guide to protect your business from cyberattacks.

6. Canada Life Insurance Bonus

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Cherie Wu at 604-618-2553 or cherie.wu@canadalife.com, Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com,  Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

7. Equitable Life

Insurance

Equitable Life made a further improvement on the convenience of getting documents of inforce policies on both Equinet and Client Access.

When an Advisor selects one of their client’s policies in Policy Inquiry, they can now view and download the applicable document(s) that are also available to the client on Client Access on this new tab.

Contact Monica Zhang at 604-366-4314 or mzhang@equitable.ca, indlifeprodissues@equitable.ca  if you have any questions.

8. IA

Investment

First Home Savings Account Contest

IA will launch the First Home Savings Account (FHSA) on November 13, 2023. Opening an FHSA account for clients by March 11, 2024, before 11:59 pm, gives them two chances to win $8000 during the Contest Period. Explore FHSA details here and find contest rules here.

Prestige 500K level

iA Financial Group has just added another tier of Prestige Preferential pricing at the $500K level and you may have been notified on Business Tracker a number of clients that may have been switched to the Prestige 500. The clients will benefit with a higher MER reduction for qualifying. Please be advised the $500K switches are automated and no action is required on the part of the advisor or client. Please do not hesitate to share the new marketing materials to your clients. For more information regarding our Prestige Preferential Pricing: https://iaa.secureweb.inalco.com/MKMWPN23/segregatedfunds/Prestige/PrestigePreferentialPricing

Periodic Income Payments

Periodic Income Payments (PIP) are now available as an option to schedule automated scheduled withdraws from their TFSA, RRSP or Non-Registered contracts from the HISA. The investment contracts can also fund life insurance policies from the HISA.

Contact Michael Casciano at 604-834-0094 or Michael.Casciano@ia.ca, Vincent Lo at 778-689-8326 or Vincent.Lo2@ia.ca, if you have any question.

9. RBC

Investment

You’re Invited to an RBC Insurance Wealth Webinar!

Your clients come to you for reassurance, especially when the economic and market outlook is uncertain. In today’s rate environment, fixed income markets are well-positioned to deliver their traditional benefits: income, stability, and equity diversification.

Register Now for our next RBC Insurance^® webinar, where you’ll hear from two specialists on the benefits bonds can play in your portfolio.

Contact Mike Jackson at 604-363-7583 or mike.jackson@rbc.com, Jeffrey Ng at 236-333-1621 or Jeffrey.ng@rbc.com, Keni Ng at keni.ng@rbc.com

Way & Carriers’ Campaigns

10.

11. Manulife

Insurance

Grow For It Campaign by Manulife – Win up to $5,000

Manulife is launching the Grow For It campaign again this year and you could win up to $5,000 in additional bonuses for settling insurance cases.

See attached campaign poster. For more details, click here.

Trainings From Way Platform and Carriers

Holiday Notice

Please note that our office will be closed on:

Monday, Nov 13 (in lieu of Remembrance Day)

Regular operations will resume on:

Tuesday, Nov 14, 2023

Monday, Dec 25 (Christmas Day)

Regular operations will resume on:

Tuesday, Dec 26, 2023

Hello members,

The Bulletin informs members of various updates including market, industry, carriers as well as Way’s training and events, so to help you stay up-to-date with ways to grow your business.

Office Updates

Platform

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

Compliance Package 2 in 1

To save your time to meet compliance requirements, we have simplified the Financial Needs Analysis (FNA) and the Reason Why documents into one simple form. You can start using the attached FNA + RWL, which also can be found from Virtgate. The OLD FNA and OLD Reason Why will no longer be used after Oct 1^st.

If you have questions, your case coordinator will be happy to help you out, so Way can continuously to be the best advisor’s platform to connect advisors.

Way Platform Upcoming Events

Luncheon Conference on October 18

October 18^th Estate Planning and Corporate Tax Saving strategies luncheon conference 100 x $138 tickets are all sold out. To support your great interest on client event to generate new client, repeat business and referral, we will be organizing client luncheon event in every quarter for the next year.  Therefore, you are encouraged to register before the tickets are fully sold like this October event.

January 18^th event (before Chinese New Year) registration link http://financialplatform.sv.mikecrm.com/Dc6wUuV

Members successful in reserving the tickets will be given further details on payment.  Leverage Way’s unique client event to stand out to your network!  Feel free to inquire Operation Manager Susana Yu should you have any questions. Look forward to your prospecting development!

Carriers’ Updates

Canada Life

Insurance

Canada Life Insurance Bonus

Canada Life offers advisor bonus for placing new life insurance cases. Members can earn $1,000 for 10 cases or $2,000 for 15 cases with a minimum average premium of $750. The program runs from September 5, 2023, to February 29, 2024, with cases placed by April 30, 2024. Eligible products include Term, Universal, and Participating life insurance, while certain exclusions apply, such as conversion, reinstatement, lapsed cases etc. Check out the full details on qualifications and full incentive rules here

Contact Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com or Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

Investment

August 2023 market update: North American inflation edges higher amid signs of progress. Here is the full commentary from Canada Life Investment Management for a detailed look at the markets.

Annuity

Oct 11: Learn more about annuities – Explore different types of Canada Life income annuities, their unique features and how to design one that fits your clients’ needs. You’ll also get a demo of the annuity quoting software and how to submit an application.

Contact Richard Chen at 604-338-6416 or Richard.chen@canadalife.com or Jessica Leung at 604-646-2118 or Jessica.Leung@canadalife.com if you have any question.

RBC

Investment

Nathan Janzen and Carrie Freestone of the RBC Economics team provided their insights with respect to their previous of the economy for next week and discuss implications of inflation continuing to rise in the US due to soaring gasoline prices. This of course could likely lead to the US Federal Reserve continuing to raise interest rates, which will put pressure on the Bank of Canada to follow.

With much commentary coming from the various economist teams at RBC in reaction to various comments from central banks, global economic report etc. Being September, we are entering the usual busy Fall season where we often experience lots of activity in Global Financial markets and this year promises to be no exception. Mike has complied some of the most interesting pieces and have attached them for your review along with a couple of helpful reminder pieces to share with clients.

Contact Mike Jackson at 604-363-7583 or mike.jackson@rbc.com or Jeffrey Ng at 236-333-1621 or Jeffrey.ng@rbc.com or Keni Ng at keni.ng@rbc.com

Sun Life

Insurance

Help business owner Clients with superior tax-efficient solutions

Here, you will find simple explanations of complex strategies. Business owners often employ a comprehensive team of professionals to manage their complex interests. However, they often overlook the benefits that insurance can offer.

Click here for to see Sun Life simplified resources.

Contact Renee Ho at 604-657-9251 or renee.ho@sunlife.com or June Wang at 604-895-5413 or June.wang@sunlife.com if you have any question.

Trainings From Way Platform and Carriers

Canada Life

Intro to Workspace

Sept 27: Intro to Workspace – Increase efficiencies in your business by learning how to properly use Workspace, center of Canada Life’s digitally enable future. You’ll get a demo on how to navigate the tool, make client edits, review product and policies and access new tools and products.

Holiday Notice

Please note that our office will be closed on:

Monday, Oct 2 (in lieu of National Day for Truth and Reconciliation)

Regular operations will resume on:

Tuesday, Oct 3, 2023

Monday, Oct 9 (Thanksgiving Day)

Regular operations will resume on:

Tuesday, October 10, 2023

Monday, Nov 13 (in lieu of Remembrance Day)

Regular operations will resume on:

Tuesday, Nov 14, 2023

Hello members,

The Bulletin informs members of various updates including market, industry, carriers as well as Way’s training and events, so to help you stay up-to-date with ways to grow your business.

Office Updates

Platform

A new online folder has been created for Way Members to access materials such as training presentation files, text templates and others.  Click  here to get access.

Compliance Package 2 in 1

To save your time to meet compliance requirements, we have simplified the Financial Needs Analysis (FNA) and the Reason Why documents into one simple form. You can start using the attached FNA + RWL, which also can be found from Virtgate. The OLD FNA and OLD Reason Why will no longer be used after Oct 1^st.

If you have questions, your case coordinator will be happy to help you out, so Way can continuously to be the best advisor’s platform to connect advisors.

Carriers’ Updates

Canada Life

New Content Discontinuation on Advisor Sites and RepNet

From September 1, new content and updates will no longer be uploaded to advisor sites or RepNet. They will be exclusively posted on Workspace. This transition is to help users get comfortable with Workspace before advisor sites and RepNet are phased out later this year. Register for Workspace today if you don’t have it yet.

Contact Amber Wang at 604-648-3087 or amberhanyi.wang@canadalife.com or Wenjia Li at 604-612-5105 or wenjia.li@canadalife.com, if you have any question.

Equitable Life

Insurance

New Digital Policy Loan Form

EquiNet™ introduces a new digital policy loan form for advisors. It’s quick and intuitive, allowing advisors to specify the loan amount and disbursement method for the eligible policies.

To access the form, advisors can visit the Values tab in Policy Inquiry and provide the required details, such as loan amount, preferred payment method, and client’s contact information. After submission, the form goes for electronic signature and processing within service standards. Owners can also view the Policy Loan Agreement on Client Access. Please refer to the attached document for a detailed guide on Requesting a Loan for your client.

Contact Monica Zhang at 604-366-4314 or mzhang@equitable.ca if you have any question.

Trainings From Way Platform and Carriers

Holiday Notice

Please note that our office will be closed on:

Monday, Sep 4 (Labour Day)

Regular operations will resume on:

Tuesday, Sep 5, 2023

Monday, Oct 2 (in lieu of National Day for Truth and Reconciliation)

Regular operations will resume on:

Tuesday, Oct 3, 2023

Monday, Oct 9 (Thanksgiving Day)

Regular operations will resume on:

Tuesday, October 10, 2023