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.
  

We would like to inform you that we will be sending over the bank files to the various financial institutions during the week of September 16, 2024 to enable the withdrawal of Investia’s Client Administrative Fees from clients’ bank accounts for eligible clients:

We are pleased to announce the launch of our new dedicated estate email estates@investia.ca, effective Monday, September 9, 2024. This new channel will allow you to communicate directly with our team of Estate Specialists to ensure that you receive their expert support in a timelier manner.

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?

We would like to inform you of an amendment recently made to Administrative Procedure # 47A – Using Nominee CCA (Open or TFSA) for a Purchase in a Client-Name Account. More specifically, this procedure was reviewed so that it can now apply to open accounts and nominee TFSAs which hold assets in the plans, whereas before this procedure was reserved for accounts opened for cash account purposes only.

We would like to remind you that a new self-serve reporting tool is available on the Investia Advisor Centre. Launched on the week of August 12, 2024 (ref. August 1, 2024 communication), this tool enables you to generate useful reports for your practice, including the “Advisor Service Fee Invoice” report, which was made available upon launch.