Circulars 2024

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~