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 18th, 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 1st.
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 4th, 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.
| Save time and money by protecting your business from cyber attacks |
| Dealing with a cyber attack costs money and takes significant time and effort to manage. If an attack results in a breach of client data, you may need to notify regulators, the companies you sell products for, your Errors and Omissions provider, and the clients who were impacted by the breach. You might also need to commission a forensic audit of your network and pay for client credit monitoring and client restitution. Protect your clients, business and reputation by making cyber security a priority.
Learn about actionable steps to consider by reviewing scenario one: Safeguarding your systems. |
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
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