In-cash transfers into Investia nominee accounts are sums received by electronic funds transfer between the relinquishing dealer and Investia via Fundserv or by physical cheque received at Investia Head Office.
Upon receipt of these funds, head office staff will deposit them to the client’s nominee cash account and code the deposit appropriately to ensure the accuracy of the contribution receipts in cases where a receipt is required.
Latest News
Reminder – RRIFs and LIFs – Mandatory Minimum Payment Processing
October 24, 2024Category: Best practices
As you are aware, a minimum annual payment (MAP) is mandatory for all RRIF and LIF accounts. In accordance with Section 146.3(1) of the Income Tax Act, Investia is responsible for ensuring that all minimum payments are made before the last day of the year.
Please note that our T2033 transfer form has been revamped.
In order to enhance our services by reducing waiting times and informational inquiries, we will soon introduce a new option in our phone menu.
Please be advised that effective Friday, October 18, 2024, the risk rating of several funds will change in Univeris.
Reminder – RRIFs and LIFs – Mandatory Minimum Payment Processing
October 10, 2024Category: Best practices
As you are aware, a minimum annual payment (MAP) is mandatory for all RRIF and LIF accounts. In accordance with Section 146.3(1) of the Income Tax Act, Investia is responsible for ensuring that all minimum payments are made before the last day of the year.
Please be advised that effective September 27, 2024, the risk rating of each the following funds was increased by Mackenzie (“MFC-MRD”):
Important Reminder – Internal Transfers Between Investia Nominee Accounts
September 26, 2024Category: Best practices
Always with the goal of achieving the highest level of efficiency for you and your clients, we would like to provide an important reminder regarding internal transfers between two Investia nominee accounts.
In order to facilitate the opening of your clients’ accounts with all the necessary documentation, we would like to remind you that our “Forms Checklist (Appendix 4)” is available for you to use. You can access this document in the Document Centre of the Advisor Centre via this link: Forms Checklist (Appendix 4).
New Reference Document on the Electronic Processing Agreement (“EPA”)
September 12, 2024Category: Best practices
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)”.
