Due to recent technological and legal changes, the following documents have been updated accordingly:

• Order Instruction Forms for Systematic Withdrawals (F51-326A for nominee accounts and F51-394A for client-name accounts*); and
  
  
• Administrative Procedures #34 and #34A related to automatic withdrawal deposits (AWDs) (for client-name/intermediary and nominee accounts, respectively).

We would like to remind you that your mutual fund licence with Investia will expire on December 31, 2024 and will be automatically renewed for 2025 unless we have received written notification of your resignation (or your license cancellation request) no later than December 15, 2024.

As you know, maintaining accurate and current information about your clients’ financial circumstances is essential. This also applies to non-financial details. As a reminder, it is the Representative’s responsibility to maintain and update client data in Univeris and send backup documentation to Imaging for dealer record-keeping purposes. As  stated in the November 7, 2024 communication, starting this week, any non-financial changes submitted to head office for processing will not be processed and will be redirected to Imaging without any action taken by head office. 

Due to the ongoing labour dispute at Canada Post, and in the event that the strike continues after the holidays, we strongly recommend that you encourage your clients to register for the Client Portal and e-delivery now, if they have not already done so, to ensure that they receive their next quarterly statement in a timely manner. As a reminder, clients can change their document  delivery preferences on the Client Portal at any time.

Please note that effective January 1, 2025, Quebec’s life income fund (“LIF”) accounts will undergo changes to offer more flexibility in accessing retirement savings for people aged 55 and over in accordance with Quebec’s Regulation to amend the Regulation respecting supplemental pension plans (the “Regulation”). Changes to Quebec LIF accounts set out in the Regulation include the following:

We would like to remind you that your mutual fund licence with Investia will expire on December 31, 2024 and will be automatically renewed for 2025 unless we have received written notification of your resignation (or your license cancellation request) no later than December 15, 2024.

This year, Investia, in collaboration with iA Financial Group, is once again providing you with the opportunity to take advantage of competitive group pricing if you subscribe to Morningstar’s Advisor Workstation investment platform.

The holiday season is just around the corner! This year, you can order paper or virtual cards to send holiday greetings to your clients and business partners. 

Good news! As discussed in our last Water Cooler session, the Advisor Centre’s managing client banking information section has been enhanced with a new automated character recognition tool.

In light of recent technological advancements and in line with our commitment to meet regulatory audit requirements, we have implemented the necessary updates to our three New Account Application Forms (for intermediary/client-name, nominee and nominee TFSA accounts) and KYC Update Form. Below is a summary of the main changes.