We would like to thank everyone who attended the Virtual Water Cooler Chat held on Thursday, September 12. For those of you who missed it, you can watch the presentation by clicking on the following recording link: Virtual Water Cooler Chat – September 12, 2024

Following the August 29, 2024 communication, we would like to remind you that holders of a nominee RRSP or LIRA/locked-in RRSP who will have reached age 71 by December 31, 2024 must transfer their account to a RRIF or LIF before year end.

We are excited to announce the dates for the 2024 Virtual Conference for Administrative Personnel. 

Following the September 5, 2024 communication, we would like to inform you of an amendment recently made to Administrative Procedures # 47 – Electronic Funds Transfer – Investia Nominee Accounts and #47A – Electronic Funds Transfer (EFT) - Purchase in a Client-Name Account. More specifically, these procedures were reviewed, and clarifications related to EFTs from a third party’s bank account have been added.

Good news! As previously announced, we are pleased to confirm that starting September 16, 2024, it will be possible to make purchases via electronic funds transfer (“EFT”) deposit in Investia nominee accounts.

Following the launch of the Business Tracker last year, we are pleased to announce that we have made an enhancement to this tool.

Effective September 12, 2024, in the “Processing Timelines” section, a column will be added next to the existing estimated timelines to indicate the current processing times. This column will allow you to view the status of delays, if any.

We are happy to introduce to you the new online group training courses that are now available on Investia Learning.

As a follow-up to the September 5, 2024 communication, we would like to inform you that we will be sending over the bank files to the various financial institutions on September 19, 2024, to enable the withdrawal of Investia’s Client Administrative Fees from clients’ bank accounts for eligible clients:

• who have provided consent up to and including June 30, 2024;
• who have valid banking information on file;
• whose fee was not redeemed via investments;
• where the Representative has indicated that they are not paying the fee on behalf of the client.
  

In order to facilitate your transactions in client-name accounts and answer questions you may have on the Electronic Processing Agreement (“EPA”), we are providing you with a document entitled “EPA Guidelines (Client-Name Accounts Only)”.

The “Great Renewal” is coming. Are your clients ready for the mortgage renewal payment shock?

Millions of homeowners locked in super-low rates during the pandemic are about to face a financial reality check. When those terms expire, higher payments could seriously strain their budgets. Are you equipped to guide your clients through this turbulent transition?