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Writer's pictureScott Edgington

Wealth Update – Beneva and Assumption Life Sweet Spots and Contest Winners



Let's start with the sweet spots. Assumption Life Investment options through the Registered Investment Account (RIA)

  • Average reduction in costs by 1%

  • Guarantees of 75/75 and 75/100

Effortless investment options:

  • Ready-made portfolio funds

  • Target Risk: Traditional and Select Portfolios

  • Target Dates: SmartSeries

  • Professionally managed and automatically rebalanced

  • There is no list of restricted funds for elderly clients.

  • Preferred Pricing on balances over $50,000.

Vesta: An Effortless Investment App Platform

  • Craft a flawless application in under 10 minutes

  • Includes an integrated investor profile questionnaire.

  • Enjoy round-the-clock access from any location.

Beneva (Formerly SSQ and La Capitale)

  • 100/100 guaranteed contract can be opened up to age 85 and receive assets after the age of 85 and retain a 100% death benefit.

  • Beneva’s Investment Account platform bridges the gap between traditional segregated funds and traditional mutual funds.

  • Beneva offers A class mutual fund MERs sold through your insurance license.

  • 100% Death Benefit: all contributions up to the age of 75.

  • No fee ‘Mini’ Self-directed platform with the opportunity to switch between Investment Managers without triggering fees.

  • Mobile Office trade execution app allows for paperless transactions.

Congratulations to all our Summer Contest winners. In appreciation of your work with your clients, Assumption Life, Canada Life, Empire Life, and Industrial Alliance will be thanking advisors in the following ways.

  • Assumption Life, a prize to those that do their first piece of money business with Assumption Life. The minimum amount is $10,000.

  • Canada Life, top three advisors in each region for segregated fund sales

  • Empire Life, top three advisors in each region for segregated fund sales

  • Industrial Alliance, top three advisors in each region for segregated fund sales

Only segregated fund sales through Fundserv are eligible. The regions are Ontario, Quebec and Atlantic Canada. Here are the winners. As always, we look forward to your comments.

Scott Edgington Director, Advanced Planning, Wealth Qualified Financial Services scott.edgington@qfscanada.com


Jim Lyons Regional Vice President, Business Development - Wealth Qualified Financial Services jim.lyons@qfscanada.com


Kyle Gilbert Inside Business Development Specialist - Wealth Qualified Financial Services kyle.gilbert@qfscanada.com


Gordon Baker Director, Business Development, Wealth Atlantic Canada Qualified Financial Services gord.baker@qfscanada.com




This communication reflects the views of Qualified Financial Services Inc. as of the date published. The information in this publication is for general information purposes only and is not to be construed as providing individual legal, tax, financial or other professional advice. Qualified Financial Services Inc. assumes no responsibility for any errors or omissions in the information contained herein nor for any reliance placed on such information. Please seek independent professional advice before making any decisions.

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