FEATURED NEWS

Solutions Magazine – changing how you order print copies  

Important changes in how you order print copies of Solutions magazine are being implemented to align with the launch of the winter 2018 issue. These changes include:

• One complimentary print copy provided to advisors
• New process for ordering print copies
• Implementation of a new fee per print copy of Solutions magazine
• Discontinuation of the existing subscription service.

Please check out the more detailed newsroom article available on Repsource by clicking on the link. Read more

NEW Term pricing and expanded accelerated underwriting now in effect!  

With new competitive Term-10 and Term-20 rates, plus expanded accelerated underwriting limits, Manulife Term offers more savings, convenience and choice, for you and your clients. Read more on Repsource.ca. Read more

INVESTMENTS

Episode 8: Fixed Income: The worst is behind us.  

Since the U.S. 10-year yield hit its low of 1.37% in July of 2016, it has jumped 185 bps to a high of 3.25%. Although we may still see a move higher, we would suggest that from a magnitude perspective that the worst is behind us. Click here

Markets are pulling back, it must be October.  

We believe this market activity is a readjustment of prices to the current inflation and interest rate environment and not representative of something more ominous. Read more

INSURANCE

New program aims to ease financial burden of seniors  

The Elderly Policy Owner Assistance Program (EPOAP) is designed to assist clients who have ‘out-lived their money’ or are dealing with unexpected financial challenges in their later years. Details are available on Repsource.ca. Read more

Manulife Vitality: Empower your clients with Apple Watch  

When it comes to healthy living, give your clients more power to set their goals, track their progress and get rewarded. Now your Manulife Vitality clients can access Apple Watch from just $39.* Read more

Pricing review for Standard Life Idealife policies  

Manulife is adjusting the premium rates on Standard Life Idealife policies, starting January 1, 2019. Full details are included in the Repsource article. Read more

Easier, faster, better Affinity Health & Dental claims are here!  

Insurance clients now have a better, modernized way to make claims online at Manulife.ca/SecureServe. Now that the site has launched, your clients can get reimbursed up to 80% faster with direct deposit, see their claims history and benefit eligibility, and update their contact information. We’ll be contacting your clients to let them know about this new feature. Read more

FollowMe^™ FollowMe Health is open to everyone – acceptance guaranteed  

Until December 6, 2018, everyone is eligible for FollowMe Health & Dental Insurance, with no medical questions asked. That means everyone can get the high-quality protection they need – including clients who have medical conditions, who have been denied health coverage in the past and who are retired. Read more

TAX, RETIREMENT & ESTATE PLANNING SERVICES (TREPS)

Investments 

Did you know?  

An insurance investment contract provides for numerous estate planning opportunities including the ability to bypass an estate and the inherent administration, delay and costs. However, failing to properly set-up your contract may result in your intentions not being fulfilled and the contract not working like you intended. Read more

Insurance 

Tax Topic  

This Tax Topic explains how the use of a trust can be important for both tax and non-tax reasons. Read more

As a Matter of Tax  

Maybe it is. Maybe it’s not. There are a lot of different factors and scenarios that influence the CRA’s answer on this question. Read more

The Canada Revenue Agency (CRA) has a problem with life insurance that’s owned by a spousal or common-law partner trust where the trust is also the beneficiary. The agency does not view the trust as qualifying as a spousal or common-law partner trust because someone other than the spouse could receive or otherwise obtain the use of trust income or capital during the spouse’s lifetime. We disagree. Read more

A question about an insurance funded disability buy-out posed to the CRA explores whether inter-corporate dividends paid to holding companies would be affected by subsection 55(2) of the Income Tax Act. If it applies, tax-free inter-corporate dividends are recharacterized as capital gains. That’s usually a bad thing but not always. Read more

Product and services news for our MGA and Dealer partners

November 8, 2018

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